Q3 19 was a strong quarter except for new licences and other software revenue. Organic revenue growth was good, +8% (IFRS) or +9% (non IFRS), including a slight decrease in new licences and other software revenue (-1% non IFRS) due to the slippage of some large deals. The non-IFRS operating margin increased significantly (+140bp) including a strong organic improvement (+160bp). The integration of Medidata for two months in Q4 19 will bring revenue of €103m.
24 Oct 2019
Strong Q3 19 except for new licences
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Strong Q3 19 except for new licences
Dassault Systemes SA (DSY2:WBO) | 0 0 1.6% | Mkt Cap: 26,981m
- Published:
24 Oct 2019 -
Author:
Hélène Coumes -
Pages:
3
Q3 19 was a strong quarter except for new licences and other software revenue. Organic revenue growth was good, +8% (IFRS) or +9% (non IFRS), including a slight decrease in new licences and other software revenue (-1% non IFRS) due to the slippage of some large deals. The non-IFRS operating margin increased significantly (+140bp) including a strong organic improvement (+160bp). The integration of Medidata for two months in Q4 19 will bring revenue of €103m.