- Dassault Systemes’ 1Q Non-IFRS revenue, at constant currencies, increased by 6%, which was lower than the estimated increase of 7.6%
- Non-IFRS EPS was EU0.30 compared to the previous year’s EU0.28, beating the estimated EU0.29
- The company’s Non-IFRS net was EU397.2 million, a year-on-year increase of 8%, exceeding the estimate of EU383.1 million
- Non-IFRS operating margin was 31.1%, slightly higher than the previous year’s and also higher than the estimated 30.7%
- Non-IFRS operating income amounting to EU466.5 million, marked a year-on-year growth of 4.9%, surpassing the estimate
- Non-IFRS revenue was EU1.50 billion, a year-on-year increase of 4.6%, though lower than the estimated EU1.51 billion
- Non-IFRS Software revenue was on par with the estimated EU1.35 billion, reflecting a growth of 5% compared to the previous year
- Non-IFRS licenses and other software revenue increased by 3.6% year-on-year to EU218.5 million, significantly higher than the estimated EU205.7 million
- Non-IFRS services revenue saw a minimal increase of 0.5% year-on-year to EU146.8 million, lower than the estimate of EU149.5 million
- Non-IFRS Industrial Innovation software revenue increased by 6.8% year-on-year to EU731.4 million, but missed the estimate of EU771.7 million
- Non-IFRS Mainstream Innovation software revenue rose by 8.6% year-on-year to EU336.7 million, exceeding the estimate
- Cash provided by operating activities declined by 14% year-on-year to EU670.9 million, missing the estimated EU748.1 million
- For the second quarter, Dassault Systemes predicts a non-IFRS operating margin of 31.3% to 31.5%, non-IFRS EPS growth of 8% to 10%, non-IFRS revenue of EU1.53 billion to EU1.56 billion, and non-IFRS EPS at constant FX growth of 10% to 12%
- The company expects the year 2024 to be ‘back-end loaded’
A look at Dassault Systemes Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 2 | |
| Dividend | 2 | |
| Growth | 4 | |
| Resilience | 4 | |
| Momentum | 3 | |
| OVERALL SMART SCORE | 3.0 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Looking at the Smartkarma Smart Scores for Dassault Systemes, the company seems to have a positive long-term outlook. With a Growth score of 4 and a Resilience score of 4, Dassault Systemes appears to be well-positioned for future expansion and able to weather potential challenges. The company’s Momentum score of 3 indicates a decent performance trend, showing some positive market support. Although the Value and Dividend scores are both at 2, suggesting moderate ratings in these areas, the overall picture painted by the Smart Scores points towards a promising trajectory for Dassault Systemes in the software industry.
Dassault Systemes operates in the software sector, providing a 3Dexperience platform for creating new products and services through virtual experiences. Serving a diverse range of industries such as aerospace, construction, healthcare, and energy, the company’s innovative approach caters to a broad market spectrum. With its Smartkarma Smart Scores highlighting strengths in growth potential and resilience, Dassault Systemes appears to be on a stable growth path with the capacity to adapt to changing market conditions, which may bode well for its long-term outlook.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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