Dassault Systèmes Reports Record First Quarter Earnings and Reconfirms 2011 Financial Growth Objectives

PARIS — (BUSINESS WIRE) — April 26, 2011 — Regulatory News:

Dassault Systèmes (Euronext Paris: #13065, DSY.PA) (Paris: DSY) reports IFRS unaudited financial results for the first quarter ended March 31, 2011. These results were reviewed by the Company’s Board of Directors on April 26, 2011.

Summary Highlights

(unaudited)
  • Strong revenue, earnings and operating margin performance
  • New licenses revenue up 28% and recurring revenue up 32% (IFRS and non-IFRS) in constant currencies
  • EPS up 59% to €0.51 (IFRS) and up 47% to €0.63 (non-IFRS)
  • 2011 financial growth objectives reconfirmed, reported revenue range adjusted for currency
  • First quarter Version 6 contracts signed with automotive leaders BMW and Jaguar Land Rover and agricultural engineering leader CLAAS
  • Board of Directors’ recommends shareholders approve 17% increase in the cash dividend

First Quarter 2011 Financial Summary

(unaudited)
In millions of Euros, except per share data   IFRS   Non-IFRS
        Change   Change in cc*       Change   Change in cc*
Q1 Total Revenue   409.5   31%   29%   409.9   31%   29%
Q1 Software Revenue   372.2   33%   31%   372.6   33%   31%
Q1 EPS   0.51   59%       0.63   47%    
Q1 Operating Margin   22.2%           28.3%        

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