logo
Plus   Neg
Share
Email

Dassault Systemes Q3 Profit Down - Quick Facts

Dassault Systemes SA (DASTY.PK), a French developer of 3D design software, reported that its third-quarter net income attributable to equity holders of the parent declined to 71.5 million euros from last year's 89.5 million euros, with earnings per share decreasing to 0.28 euros from 0.35 euros in the same quarter last year.

Operating income was 102.3 million euros, down from 113.2 million euros in the previous year.

But, non-IFRS earnings per share rose to 0.45 euros from 0.44 euros in the previous year.

Total revenue for the quarter grew to 562.1 million euros from 493.4 million euros in the prior year.

Thibault de Tersant, Senior Executive Vice President, CFO, said, "Our third quarter performance tracked with our financial objectives, with revenue in line and operating margin evolution somewhat ahead. Our revenue results demonstrated solid demand across our largest brands. We were particularly pleased with the sharply higher new licenses revenue growth for both CATIA and ENOVIA, in the quarter as well as year-to-date on a constant currency basis."

For the fourth quarter 2014, the company expects non-IFRS total revenue objective of about 670 million euros - 680 million euros based upon the exchange rates assumptions below, representing a variation of about 18% to 19% excluding currency effects, and non-IFRS earnings per share of about 0.50 euros to 0.55 euros.

The company projects 2014 non-IFRS revenue growth objective range of about 15% to 16% in constant currencies or 2.325 billion euros to 2.335 billion euros based upon the 2014 currency exchange rate assumptions below.

The company anticipates 2014 non-IFRS earnings per share range of about 1.75 euros -1.80 euros, stable to up slightly compared to 2013; excluding the estimated net negative currencies impact, the non-IFRS earnings per share objective would represent an estimated 8% growth compared to 2013.

by RTTNews Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Quick Facts

Editors Pick
Philips Electronics NV reported Monday a sharp drop in second-quarter profit on loss from discontinued operations. On a continuing operations basis, profit climbed with higher margin, even as sales were nearly flat. Comparable sales and orders increased driven by growth and productivity programs. The company reiterated 2017-2020 view of 4-6 percent comparable sales growth. Alphabet's subsidiary Loon LLC has secured its first commercial deal - to deliver 4G internet access to remote areas of Kenya using high-altitude balloons. Loon will partner with Telkom Kenya to deliver connectivity to parts of Kenya. Telkom Kenya announced Thursday that it has signed a definitive agreement with Loon to pilot a new 4G/LTE access network service in Kenya. The Cow Calendar era is coming to an end. Chick-fil-A said it is axing one of its well-loved products, the Cow Calendar. The 2018 Cow Calendar will be the chicken chain's last calendar. Chick-fil-A first launched the Cow Calendar in 1998 that featured cows as a new tool to convince people to eat more chicken. The calendars were popular not just for the pictures of funny Chick-fil-A cows.
Follow RTT