In Q4 19, organic software revenue growth (+3% non-IFRS) included flat new licence revenue due to weak demand in some areas of the automotive sector and longer decision-making at customers. In FY2019, the non-IFRS operating margin was 32% of revenue (+0.1pt) including an organic improvement (+1pt vs. +0.7pt in 2018) and a dilutive impact of acquisition (-1.2pt), mainly Medidata. 2020 guidance is below expectation given the complicated start to the year with the unpredictable impact of the cor
07 Feb 2020
Soft Q4 19
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Soft Q4 19
Dassault Systemes SA (DSY2:WBO) | 0 0 1.6% | Mkt Cap: 26,981m
- Published:
07 Feb 2020 -
Author:
Hélène Coumes -
Pages:
3
In Q4 19, organic software revenue growth (+3% non-IFRS) included flat new licence revenue due to weak demand in some areas of the automotive sector and longer decision-making at customers. In FY2019, the non-IFRS operating margin was 32% of revenue (+0.1pt) including an organic improvement (+1pt vs. +0.7pt in 2018) and a dilutive impact of acquisition (-1.2pt), mainly Medidata. 2020 guidance is below expectation given the complicated start to the year with the unpredictable impact of the cor