Report
Dassault Systemes : A warning to get back on a sounder footing... pending restoration of market confidence
>Q2 results undershoot expectations following postponements of major contracts - Yesterday morning, Dassault Systèmes unexpectedly published preliminary results for Q2 2024 that were below expectations: Sales 4% below consensus expectations with growth of 4% cc (vs guidance of 7% to 9% and vs VA consensus: 7.6% cc and ODDO BHF: 7.1% cc). This disappointment stems from delays in the signing of major PLM contracts, totalling € 40m at cc, in the aero, defence and energy ...
Underlying
DASSAULT SYSTEMES SA
Provider
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.
Nicolas David
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