Dassault Systèmes adjusts its annual objectives after mixed preliminary results for the 2nd quarter of 2024

On July 9, 2024, Dassault Systèmes published its preliminary financial results for the second quarter of 2024. Revenue reached 1.495 billion euros, below the target of 1.525 to 1.555 billion euros initially planned. This shortfall of 30 million euros is mainly due to the postponement of important contracts.

Diluted net profit per share (EPS) is estimated at 0.30 euros, in line with the target of 0.30 to 0.31 euros. The group has decided to adjust its full-year 2024 targets to reflect the expected volatility. From now on, it anticipates growth in turnover between 6% and 8% and an increase in diluted EPS between 8% and 11%.

Pascal Daloz, Managing Director, confirmed the company's commitment to achieving its objectives despite the complex geopolitical environment. Rouven Bergmann, Deputy Managing Director, clarified that all measures will be taken to balance operational efficiency and investments in long-term growth.