Report
Nicolas David

Dassault Systemes : Dassault Systèmes very reassuring on its outlook for growth in 2023

>Q4 results: robust growth but profitability affected by investments - Dassault Systèmes demonstrated the good resilience of its activity in Q4. Growth was 10%cc in Q4, beating expectations (consensus: 8.0%cc), with licences up +5%, above forecasts (consensus: +3%cc). The favourable momentum on Catia and Enovia helped to partly offset the weakness of Solidworks in China. Recurring revenue was also above forecasts (11%cc vs consensus: 10.2%), driven by a marked increas...
Underlying
DASSAULT SYSTEMES SA

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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