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Dassault Systèmes: H1 adjusted EPS up 20%

(CercleFinance.com) - Dassault Systèmes has published H1 2019 non-IFRS diluted EPS that is up 20% at 1.
69 euro (+14% at constant exchange rates), with a non-IFRS operating margin that is up 140 basis points at 31.8%.

At 1,929.4 million euros, the software publisher's non-IFRS revenues increased by 17% overall and by 13% at constant exchange rates. On an organic basis and still in non-IFRS terms, sales growth reached 9%.

On this basis, the group confirms its growth targets for 2019 and has updated its exchange rates, which brings it to a non-IFRS EPS target in a range of 3.45 euros to 3.50 euros for the current year.


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