Report
Nicolas David

Dassault Systemes : Q2 performance and outlook warrant the premium

>Growth at cc ahead of expectations thanks to subscriptions … - DSY yesterday morning reported Q2 sales of € 1.384bn, up 19% y-o-y with 11% at cc. This figure was 4% above expectations thanks to better than forecast forex effects and growth at cc which also beat expectations, mainly thanks to recurrent revenues (72% of sales at DSY), with growth of 10% at cc, ahead of the group’s guidance (8% to 9% cc). Subscriptions provided the main nice surprise, helped by a better...
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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