In Q1 17, non-IFRS revenue of €766m was 2% above the upper range of guidance and the non-IFRS operating margin was stable at 26.2% of revenue, in line with expectations. Q1 17 figures (IFRS standard) Revenue reached €760m (+10%, +7% at constant currency). Excluding the currency effects, software revenue increased by 7% (vs +6% in Q1 16) and services & other revenue grew by 11% (vs +8% in Q1 16). The recurring software revenue represented 74% of total revenue software. Revenue gr
26 Apr 2017
Single-digit growth for new licences
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Single-digit growth for new licences
Dassault Systemes SA (DSY2:WBO) | 0 0 1.6% | Mkt Cap: 26,981m
- Published:
26 Apr 2017 -
Author:
Hélène Coumes -
Pages:
3
In Q1 17, non-IFRS revenue of €766m was 2% above the upper range of guidance and the non-IFRS operating margin was stable at 26.2% of revenue, in line with expectations. Q1 17 figures (IFRS standard) Revenue reached €760m (+10%, +7% at constant currency). Excluding the currency effects, software revenue increased by 7% (vs +6% in Q1 16) and services & other revenue grew by 11% (vs +8% in Q1 16). The recurring software revenue represented 74% of total revenue software. Revenue gr