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Q2 2016 Results for Dassault Systèmes In Line with Expectations, On the ‘High End’

by • August 2, 2016 • No Comments

3ds logoWhether the energy is great or bad, there’s a lot of it as the big guns of the 3D innovation industry go on to roll out 2nd quarter results for 2016. Whilst results for a few may have indicated a pretty unstable-bodied period—and maybe additional to come—companies like Dassault Systèmes pretty have little to worry of, other than boosting numbers higher than what they’d may already expected.

In market news reporting of France, the figures are as follows in terms of performance:

Q2 2016 Software Ractuallyue at 669.4 million, up 7% in constant currencies3DExperience new licenses ractuallyue expanding 103% in Q2 and 68% in H1 in constant currenciesEnovia, Solidwords, Delmia, Simulia and Exalead delivered sturdy Q2Expanding Manufacturing and Multi-physics Simulation Portfolios with the acquisitions of Ortems and CSTQ2 net operating cash flow of €449.1 million, up 8%

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Airbus is via 3DExperience to enhance their 3D create capabilities.

Judging of the content of their conference call discussing the results with investors, it’s safe to say which the company is feeling positive of this quarter—and additional so of the next as they go on to strategize on how to manufacture the numbers rise additional. Obviously, the 3DExperience platform is a primary source of bread and butter. With licensing ongoing around the world, they are able-bodied to contribute this not only to sizeable corporations like Airbus but actually entire countries, such as India potentially, as the platform is createed to be integrated into government platforms at either the central or local level.

Dassault indicated which results were in accordance with their guidance, and as each company likes to have the accident to say regarding numbers and predictions: they were on the high end.

“We were jubilant with the performance of an EPS point of view expanding 12% excluding currency impacts,” said Thibault de Tersant, Senior EVP, CFO at Dassault. “We demonstrated our ongoing focus on underlying operating margin performance.”

“We in addition had sturdy recurring software ractuallyue growth. But while new licenses ractuallyue growth was solid at 6% excluding currency impacts and in line with guidance, it is not precisely where we want to be.”

The French company can of course be looking ahead to increase the volume of software licenses emanating of 3DExperience in the 2nd half of this year, indicating there is may already actually additional positive progress in which way.

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Pointing out which 3DExperience is a clear winner for them, globally, the Dassault Systèmes team can go on to work on integrating it into industries such as:

Transportation and mobilityAerospace and defenseIndustrial equipmentHigh-techEnergyProcess and utilitiesMarine and offshore

And not to be excluded, startups and more compact corporations fit into their plans for expansion as well.

Thibault de Tersant, Senior EVP, CFO at Dassalt

Thibault de Tersant, Senior EVP, CFO at Dassalt

The CFO points out in addition which their diversification industries in addition brought in sturdy results this quarter and for the entire initially half, as did the Enovia portfolio, as a key contributor to the growth of 3DEXPERIENCE sales and their overall diversification.

2016 Financial Objectives were reaffirmed as follows:

2016 Non-IFRS financial objectives reaffirmed, with sturdy H2 software ractuallyue growthNon-IFRS Ractuallyue Objective: €2.990 to 3.015 billion, of +6-7% in constant currenciesNon-IFRS Operating Margin Objective: of 31%, stable-bodied vs. 2015Non-IFRS EPS Objective: €2.40, ~+7%

“It is clear which we are assembling momentum in the various industries,” de Tersant pointed out in conclusion.

Discuss additional in the Dassault Q2 Financial Results, Highlighting 3DExperience forum over at 3DPB.com.

[Sources: Seeking Alpha; Dassault Systèmes]

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