Report
Dassault Systèmes : Q3 earnings -2% below at operating profit level. FY 2024 guidance revised slightly down to reflect this weaker Q3 and low visibility in Automotive for Q4
>Q3 2024 top line roughly in line but operating profit -2% below expectations - Total revenue came at € 1,464m up 3% on a reported basis and 4% at cc /org. This is -1% below Css expectations in reported terms but roughly in line at cc (ODDO BHF: € 1476m, 3.6% reported, 4.6% cc ; Css: € 1480m, 3.9% reported, 4.4% at cc). This performance is at the lower end of the guidance (4% to 7% at cc) notably due to a weak performance from the Automotive sector. Software revenue s...
Underlying
DASSAULT SYSTEMES SA
Provider
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
Other Reports on these Companies
Other Reports from Oddo BHF
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.