Report
Nicolas David

Dassault Systemes : Record Q3 profitability. Full-year guidance upgraded

>Q3 sales slightly higher than expected thanks to licence sales and forex - Yesterday morning Dassault Systèmes reported Q3 sales of € 1,158m, up 12%. This was 1% higher than expected, thanks in particular to a neutral forex impact vs expectations for a slightly negative impact. At constant forex, growth came to 12%, in line overall with expectations. This was a solid performance since it implies Q3 sales 8% above Q3 2019 on a LFL basis. That is better than H1 (c.+5% ...
Provider
Oddo BHF
Oddo BHF

​Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.

Analysts
Nicolas David

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