Dassault Systèmes: FY EPS up 19%

(CercleFinance.com) - Dassault Systèmes has reported a 19% increase in non-IFRS EPS to E1.
13 for 2022, with a non-IFRS operating margin down 0.9 point to 33.4%, with revenues of nearly 5.67 billion euros, up 9% excluding currency effects.

The enterprise software company added that it generated an operating cash flow of 1.53 billion euros over the past year, putting it on track to achieve its deleveraging objectives announced ahead of schedule.

For 2023, the group is targeting - again in non-IFRS format - EPS of 1.18 to 1.20 euro, with 8% to 9% sales growth. The group also says that it is well positioned to achieve its long-term financial targets much earlier than expected.


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