Dassault Systemes : Reassuring guidance for H2. Confidence for the medium term
>Solid Q2 2020 results in a tough environment - Dassault Systèmes yesterday morning reported solid Q2 2020 results, with revenues of € 1,071m, up 10% y-o-y at cc (-8% y-o-y org.), i.e. in the middle of the guidance range, with software revenues at the top end of the guidance range thanks to a strong performance in China, Japan and the US, especially in the diversification sectors (High-Tech, Life Science). Solidworks also posted a good performance (-3% y-o-y org. incl...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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