Dassault Systemes Outperforms PLM Market with Solid First Quarter


DASSAULT SYSTEMES CONSOLIDATED STATEMENT OF INCOME DATA PERCENTAGE VARIANCE (EXCLUDING ACQUISITION COSTS) (in millions of Euro, except per share data)

Excluding acquisition costs, the consolidated statements of income data would have been as follows:

Three Months Ended


                                   March  31,   March  31,  Variation
                                       2003         2002        %
                                 -------------------------------------
Revenue
Software                                 145.1       159.3     (8.9%)
Services and Other                        24.3        23.2      4.7%
                                 --------------------------
           Total Revenue          EUR    169.4  EUR  182.5    (7.2%)
Cost of Revenue
Software                                   5.8         6.9    (15.9%)
Services and Other                        21.9        20.8       5.3%
                                 --------------------------
     Total Cost of Revenue        EUR     27.7  EUR   27.7      0.0%
Gross Profit                      EUR    141.7  EUR  154.8     (8.5%)
Research, Selling, Administrative
Research and Development                  53.6        57.2     (6.3)%
Marketing and Sales                       39.6        42.4     (6.6%)
General and Administrative                11.7        12.5     (6.4)%
                                 --------------------------
Total Research, Selling,          EUR    104.9   EUR 112.1     (6.4%)
 Administrative
                                 =====================================
Operating Income                  EUR     36.8   EUR  42.7    (13.8%)
Financial revenue and Other                2.0         4.6    (56.5%)
Income before income taxes                38.8        47.3    (18.0%)
Income tax expense                       (14.6)      (18.8)     N/S
Net Income                        EUR     24.2   EUR  28.5    (15.1%)
                                 =====================================
Diluted net income per share      EUR     0.21   EUR  0.24    (12.5%)
                                 =====================================
Diluted weighted average shares
 outstanding (in millions)               114.0       118.1


DASSAULT SYSTEMES CONDENSED CONSOLIDATED BALANCE SHEETS (in millions of Euro)


                                    March 31, 2003   December 31, 2002
                                    ----------------------------------
ASSETS
Cash and short-term investments          459.6            388.4
Accounts receivable, net                 139.7            229.5
Other assets                             301.8            302.3
                                    ----------------------------------
Total assets                       EUR   901.1     EUR    920.2
LIABILITIES
AND SHAREHOLDERS' EQUITY
Total liabilities                        286.2            291.9
Shareholders' equity                     614.9            628.3
                                    ----------------------------------
Total liabilities and 
shareholders' equity                EUR  901.1      EUR   920.2
 


CONTACT: Dassault Systemes                    
             Didier Gaillot/Valerie Agathon, 
33.1.40.99.69.24
             Michele Katz, 631/288-1145                                     
                            or                                                                            
                          FD  International                          
                          Giles  Sanderson/Emma  Rutherford,  44.20.7831.3113
                          Jean-Benoit  Roquette                        
                          Nelly  Dimey/Lorie  Lichtlen            
                          
  33.1.47.03  .68.10                                
                          Deborah  Ardern-Jones,  212/850-5626
 


« Previous Page 1 | 2 | 3 | 4             



Review Article Be the first to review this article

Featured Video
Editorial
Jeff RoweJeff's MCAD Blogging
by Jeff Rowe
Siemens Goes ECAD With Mentor Graphics Acquisition
Jobs
Mechanical Engineer for IDEX Corporation at West Jordan,, UT
GIS Analyst II for Air Worldwide at Boston, MA
Senior Structural Engineer for Design Everest at San Francisco, CA
Business Partner Manager for Cityworks - Azteca Systems, LLC at Sandy, UT
Upcoming Events
Design & Manufacturing, Feb 7 - 9, 2017 Anaheim Convention Center, Anaheim, CA at Anaheim Convention Center Anaheim CA - Feb 7 - 9, 2017
Innorobo 2017 at Docks de Paris Paris France - May 16 - 18, 2017
Display Week 2017 at Los Angeles Convention Center 1201 S Figueroa St Los Angeles CA - May 21 - 26, 2017
SolidCAM: Program your CNCs directly inside your existing CAD system.



Internet Business Systems © 2016 Internet Business Systems, Inc.
595 Millich Dr., Suite 216, Campbell, CA 95008
+1 (408)-337-6870 — Contact Us, or visit our other sites:
AECCafe - Architectural Design and Engineering EDACafe - Electronic Design Automation GISCafe - Geographical Information Services TechJobsCafe - Technical Jobs and Resumes ShareCG - Share Computer Graphic (CG) Animation, 3D Art and 3D Models
  Privacy Policy Advertise