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Dassault Systemes Q4 Profit Down - Quick Facts

Dassault Systemes SA (DASTY.PK), a French developer of 3D design software, reported that its fourth-quarter net income attributable to equity holders of the parent declined to 99.4 million euros from last year's 108.1 million euros, with earnings per share decreasing to 0.39 euros from 0.43 euros in the same quarter last year.

But, non-IFRS earnings per share were 0.58 euros, up from 0.51 euros in the previous year.

Total revenue for the quarter grew to 673.2 million euros from 565.4 million euros in the prior year. Organic new licenses revenue were up 12% in fourth quarter.

Thibault de Tersant, Senior Executive Vice President, CFO, commented,"The fourth quarter well concluded a gratifying year. We benefited progressively from broad-based strengthening of our performance from both a geographic and industry perspectives - with satisfactory diversification and, at the same time, very good traction in Transportation & Mobility.

For the first quarter 2014, the company expects non-IFRS total revenue objective of about 610 million euros - 620 million euros based upon the exchange rates assumptions, representing a variation of about 15% to 17% excluding currency effects, and non-IFRS earnings per share of about 0.38 euros.

For 2015, the company expects non-IFRS revenue growth objective range of about 11% to 12% in constant currencies or 2.700 billion euros to 2.720 billion euros based upon the 2014 currency exchange rate assumptions.

The company anticipates 2014 non-IFRS earnings per share range of about 2.04 euros to 2.09 euros, representing a growth objective range of 12% to 15%.

by RTT Staff Writer

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