Edition:
India

Dassault Systemes Q1 Non-IFRS Operating Income Up To 23% YoY


Wednesday, 24 Apr 2019 

April 24 (Reuters) - Dassault Systemes SE ::Q1 IFRS TOTAL REVENUE EUR 958.9 MILLION VERSUS EUR 818.7 MILLION YEAR AGO.Q1 OPERATING MARGIN 22.5% VERSUS 21.8% YEAR AGO.Q1 CASH FLOW FROM OPERATIONS UP 20% TO EUR 489 MILLION.Q1 NON-IFRS OPERATING INCOME INCREASED 23% TO EUR 316.4 MILLION.BOARD OF DIRECTORS PROPOSES 12% INCREASE IN ANNUAL DIVIDEND TO EUR 0.65 FOR 2018 FY.Q1 NON-IFRS DILUTED NET INCOME PER SHARE INCREASED 21% AS REPORTED TO EUR 0.87 PER SHARE.OUR GROWTH OUTLOOK FOR SOFTWARE REVENUE IS SIMILAR TO 2018 - CFO.WE SEE A STRONGER CONTRIBUTION COMING FROM RECURRING SOFTWARE REVENUE IN 2019- CFO.NET OPERATING CASH FLOW INCREASED 20% TO EUR 488.5 MILLION FOR THE 2019 Q1 VERSUS EUR 406.9 MILLION YEAR AGO.SEES Q2 TOTAL REVENUE BETWEEN EUR 920 AND EUR 940 MILLION; FY 2019 BETWEEN 3.85 BILLION AND 3.88 BILLION.EXPECTS Q2 EPS GROWTH BETWEEN 7 PERCENT AND 12 PERCENT; FY BETWEEN 9 PERCENT TO 11 PERCENT.WE ARE REAFFIRMING OUR CONSTANT CURRENCY NON-IFRS REVENUE GROWTH RANGE OF 10% TO 11% FOR 2019 - CFO.