Dassault Systemes 4Q Operating Profit, Revenue Rose; Issues 1Q Outlook

By Mauro Orru

Dassault Systemes SE said Thursday that operating profit and revenue increased in the fourth quarter, and the company issued guidance for the first quarter and full-year 2022.

Reporting on a non-IFRS basis, the French software maker said operating profit climbed to 502.9 million euros ($568.6 million) from EUR438.5 million a year earlier, with its operating margin up to 36.8% from 36%.

Net profit rose to EUR380.2 million from EUR323 million.

Total revenue increased to EUR1.37 billion from EUR1.22 billion, with software revenue up to EUR1.24 billion from EUR1.11 billion, and services revenue up to EUR128.3 million from EUR114 million.

Dassault Systemes had expected fourth-quarter revenue between EUR1.31 billion and EUR1.33 billion, with an operating margin between 35.8% and 36.4%.

For the first quarter, the company is targeting non-IFRS total revenue between EUR1.28 billion and EUR1.30 billion, with a non-IFRS operating margin between 32.3% and 33%.

For the year, Dassault Systemes expects non-IFRS total revenue between EUR5.30 billion and EUR5.35 billion, and a non-IFRS operating margin between 32.7% and 33.1%.

Write to Mauro Orru at [e-mail]; @MauroOrru94

(END) Dow Jones Newswires

February 03, 2022 01:31 ET (06:31 GMT)

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