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Dassault Systemes : Not surprisingly, automobile segment weighing on year-end. Reassuring stance on 2025
>Automobile sector hurts Q3 growth… - Yesterday morning Dassault Systèmes reported Software sales growth of +3% yoy at cc, in the low end of its guidance range (3% to 6% at cc) primarily due to contract postponements in the automobile sector, as customers have to revise their budgets due to much lower-than-expected vehicle sales. Elsewhere, Dassault Systèmes posted satisfactory performances with: 1/ other Industrial Innovation segments, especially aerospace & defense,...
Underlying
DASSAULT SYSTEMES SA
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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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