Dassault Systemes : Good margin protection in a challenging environment
>Q1 2020 sales at the top end of the guidance range - Dassault Systèmes yesterday morning reported Q1 2020 sales of € 1.144bn, up +17% at cc, which is at the top end of the guidance range issued at the time of the warning on 1 April and 2% better than forecast. Licence sales fell by -20% at cc and on an organic basis (ODDO BHF: -25%), with a significant COVID-19 impact in Europe and Asia (despite a slight recovery at the end of the quarter). The automotive sector...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.
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.
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