Dassault Systèmes: 2017 EPS above estimates
(CercleFinance.com) - Dassault Systèmes has announced FY 2017 non-IFRS diluted EPS of 2.
68 euros, up 10% at constant currencies, which exceeded the consensus by six cents.
At 3,242 million euros, the software publisher's non-IFRS revenue grew by 7% at constant exchange rates, including software revenue that was up 8%, driven by 11% growth in revenues from new licenses.
For 2018, the group targets growth of 8% to 9% of non-IFRS sales at constant exchange rates, with non-IFRS EPS that is up 6% to 8%, or 11% to 13% at constant exchange rates (again growth exceeding the consensus).
Copyright (c) 2018 CercleFinance.com. All rights reserved.
68 euros, up 10% at constant currencies, which exceeded the consensus by six cents.
At 3,242 million euros, the software publisher's non-IFRS revenue grew by 7% at constant exchange rates, including software revenue that was up 8%, driven by 11% growth in revenues from new licenses.
For 2018, the group targets growth of 8% to 9% of non-IFRS sales at constant exchange rates, with non-IFRS EPS that is up 6% to 8%, or 11% to 13% at constant exchange rates (again growth exceeding the consensus).
Copyright (c) 2018 CercleFinance.com. All rights reserved.