Dassault Systèmes: Q3 EPS up 8% at CER

(CercleFinance.com) - Dassault Systèmes has reported Q3 2020 non-IFRS EPS of 0.
80 euro, up 8% at constant exchange rates, with a non-IFRS operating margin of 28.2%, down 2.1 points year-on-year.

At 1.03 billion euros, revenue increased by 17% at constant exchange rates, reflecting the contribution of Medidata Solutions. On an organic basis, non-IFRS revenue declined 3%, representing an improvement relative to the 8% decline in the second quarter.

Dassault Systèmes has confirmed its non-IFRS 2020 EPS target of 3.70-3.75 euros, representing 3% to 5% growth at constant exchange rates, for expected non-IFRS revenue of 4.44-4.46 billion euros (+11% to +12% at constant exchange rates).


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