Report
Andrew Lange
EUR 100.00 For Business Accounts Only

Dassault Continues to Benefit From Digital Adoption by Clients; Shares Still Overvalued

Dassault Systemes reported a good start to the year. While the first quarter performance was in line with expectations, due to favorable foreign exchange effects, the firm mildly raised its revenue and EPS guidance for fiscal 2019. Group revenue was at the high end of expectations and software revenue in seven of the company’s 11 industries rose double-digits on a year-over-year basis. Dassault continues to benefit from the global shift toward digital transformation, whereby clients are increasi...
Underlying
Dassault Systemes SA

Dassault Systemes provides software products & consulting services. Co.'s software applications allow businesses to digitally define, simulate products, the processes & resources required to manufacture, maintain & recycle them. Co. also provides services, principally to large customers. These services comprise mainly consulting services in methodology for design, deployment & support, training services & engineering services. Co.'s activities can be divided into two segments: the PLM market supports product development, production, maintenance & lifecycle management; & the Mainstream 3D market, which is primarily focused on product design.

Provider
Morningstar
Morningstar

Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.

Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.

We have operations in 27 countries.

Analysts
Andrew Lange

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