KUALA LUMPUR, April 24 (Bernama) -- Dassault Systèmes has announced its International Financial Reporting Standards (IFRS) unaudited financial results for the first quarter ended March 31.
On an organic basis, non-IFRS total revenue, software revenue and recurring software revenue were up eight per cent; licences and other software were up nine per cent, all at constant currency.
3DEXPERIENCE software revenue increased 26 per cent at constant currency, representing 23 per cent of related software revenue with clients in industrial equipment, transportation and mobility, aerospace and defence and high tech, among others.
Cash flow from operations increase by 20 per cent to €489 million (€1=RM4.63)
The board of directors also proposes a 12 per cent increase in annual dividend to €0.65 for the 2018 financial year.
In addition, BHP and Dassault Systèmes have signed a long-term partnership, with BHP adopting the 3DEXPERIENCE platform.
These results were reviewed by the company’s board of directors on April 23.
All IFRS and non-IFRS figures are presented in compliance with IFRS 15 and IFRS 16 standards.
More details about the company at https://www.3ds.com/
-- BERNAMA
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