Particle.news
Download on the App Store

Dassault Systemes Hits €1.51 Billion in Q1, Reaffirms Full-Year Outlook

The reaffirmed outlook signals stable demand beyond autos.

The logo of Dassault Systemes is seen on a company building in Brest, France, March 14, 2022. REUTERS/Stephane Mahe

Overview

  • The French software maker reported €1.51 billion in first‑quarter revenue, which matched market estimates.
  • Operating margin reached 30.3% and revenue grew 3% on a constant‑currency basis from a year earlier.
  • The company kept full‑year targets for sales at €6.29–€6.41 billion, an operating margin of 32.2%–32.6%, and EPS of €1.30–€1.34.
  • Management pointed to strong demand for its 3DExperience platform and cloud tools, which provide 3D design along with data and project management.
  • Facing a long auto‑market slump, the firm is leaning on growth in Europe, faster PLM uptake in consumer sectors such as food and retail with clients like Amazon and Ferrero, and new investments in augmented AI and data centers.