Dassault Systèmes (Euronext Paris: #13065, DSY.PA) reports IFRS unaudited financial results for the first quarter ended March 31, 2011. These results were reviewed by the Company’s Board of Directors on April 26, 2011.
Summary Highlights
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Strong revenue, earnings and operating margin performance
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New licenses revenue up 28% and recurring revenue up 32% (IRS and non-IFRS) in constant currencies
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EPS up 59% to €0.51 (IFRS) and up 47% to €0.63 (non-IFRS)
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2011 financial growth objectives reconfirmed, reported revenue range adjusted for currency
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First quarter Version 6 contracts signed with automotive leaders BMW and Jaguar Land Rover and agricultural engineering leader CLAAS
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Board of Directors’ recommends shareholders approve 17% increase in the cash dividend
