Dassault Systèmes: confirms financial outlook for 2020
(CercleFinance.com) - IFRS sales rose by 14% to 2,203.
3 million euros.
In non-IFRS terms, revenue also increased by 14%, with the contribution of Medidata partially offset by the 5% organic decline due to the impact of the global pandemic.
IFRS operating income decreased by 34%, reflecting the impact of the amortisation of intangible assets acquired following the acquisition of Medidata. Non-IFRS operating income was 620.4 million euros, up 1%.
IFRS diluted EPS was 0.74 euro, compared to 1.13 euro in the same period last year. Diluted non-IFRS EPS was up 4% at 1.76 euro, with a net positive FX impact of approximately three cents.
The Group has confirmed its outlook, targeting sales of 1.05-1.08 billion euros in Q3 2020, with FY 2020 sales of 4.51-4.56 billion euros, growth at constant exchange rates of +18% to +21% in Q3 and +12% to +13% over the full year, a non-IFRS operating margin of 26.0% to 26.5% in Q3 and 29.3% to 29.4% over the full year, non-IFRS EPS of 0.75-0.80 euro (Q3) and 3.70 euros to 3.75 euros over the full year. Finally, it expects EPS growth of between -4% to +3% and +1% to +3% in US dollars.
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3 million euros.
In non-IFRS terms, revenue also increased by 14%, with the contribution of Medidata partially offset by the 5% organic decline due to the impact of the global pandemic.
IFRS operating income decreased by 34%, reflecting the impact of the amortisation of intangible assets acquired following the acquisition of Medidata. Non-IFRS operating income was 620.4 million euros, up 1%.
IFRS diluted EPS was 0.74 euro, compared to 1.13 euro in the same period last year. Diluted non-IFRS EPS was up 4% at 1.76 euro, with a net positive FX impact of approximately three cents.
The Group has confirmed its outlook, targeting sales of 1.05-1.08 billion euros in Q3 2020, with FY 2020 sales of 4.51-4.56 billion euros, growth at constant exchange rates of +18% to +21% in Q3 and +12% to +13% over the full year, a non-IFRS operating margin of 26.0% to 26.5% in Q3 and 29.3% to 29.4% over the full year, non-IFRS EPS of 0.75-0.80 euro (Q3) and 3.70 euros to 3.75 euros over the full year. Finally, it expects EPS growth of between -4% to +3% and +1% to +3% in US dollars.
Copyright (c) 2020 CercleFinance.com. All rights reserved.