Dassault Systemes : Q1 confirms the pick-up in industrial investment (in digital)
>Software growth higher than expected thanks to licences - Yesterday morning DSY reported Q1 sales of € 1,174m, up 8% y-o-y at cc (and on an organic basis in the absence of M&A), in line with expectations and at the top of the guidance range. However, software sales were up 10%, beating forecasts (ODDO BHF: +8%), with in particular licence sales clearly ahead of expectations (+25% organic vs ODDO BHF: +5% and the guidance for 0-5%). The management mentioned a strong r...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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