Dassault Systemes : Q3 results: a bit of turbulence in a small quarter
>Lacklustre Q3 2019 growth... - Dassault Systèmes has published Q3 2019 sales of € 914m, in line with forecasts (€ 914m) and above the high of the guidance range (€ 890m-€ 905m). That said, this performance was considerably helped by a more favourable forex effect than had been expected (+3 points vs no impact in the guidance). At constant forex, Dassault Systèmes generated growth of +10% over the quarter (i.e. +8% on an organic basis) at the low end of the guidance 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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