Dassault Systèmes: Q1 EPS up 9%
(CercleFinance.com) - Dassault Systèmes has published Q1 2020 diluted non-IFRS EPS that is up 9% at 0.
95 euro (+7% at constant exchange rates), with a non-IFRS operating margin of 29.2%, close to the top of its forecast range (28.5% to 29.5%).
At 1.14 billion euros, non-IFRS sales increased by 18% overall, and were up 17% at constant exchange rates, reflecting the integration of Medidata Solutions. Sales fell by 1% on an organic basis, mainly due to the pandemic.
The company's board of directors has proposed a dividend of 0.70 euro for FY 2019. For 2020, the enterprise software publisher has said that it is aiming for stable FY non-IFRS EPS of approximately 3.65 euros.
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