VELIZY-VILLACOUBLAY, France — February 2, 2023 — Dassault Systèmes (Euronext Paris: FR0014003TT8, DSY.PA), today announces IFRS unaudited financial results for the fourth quarter and fiscal year ended December 31, 2022. The Group’s Board of Directors approved these results on February 1, 2023. This press release also includes financial information on a non-IFRS basis and reconciliations with IFRS figures in the Appendix. The audited financial statements for the fiscal year ended on December 31, 2022 will be published in March in Dassault Systèmes’ Universal Registration Document; the audit procedures are in progress.
(unaudited, IFRS & non-IFRS unless otherwise noted, all revenue growth rates in constant currencies)
- 4Q22 IFRS diluted EPS increased 39% to €0.25 as reported. Non-IFRS diluted EPS grew 20% to €0.34 as reported.
- 4Q22 Revenue increased 10% with software revenue up 9%. Recurring revenue rose 11%, driven by strong subscription growth of 18% and License and other software revenue grew 5%.
- 4Q22 3DEXPERIENCE software revenue rose 24%. Cloud software revenue increased 22%.
- FY22 IFRS EPS grew 20% to €0.70 as reported. Non-IFRS EPS increased 19% to €1.13, as reported with revenue rising 9%.
- FY22 Operating cash flow of €1.53 billion, keeping us on track to achieve deleveraging well ahead of schedule.
- FY2023 non-IFRS objectives: diluted EPS reaching €1.18-€1.20, on the trajectory to achieve our long-term financial plan, well in advance. Revenue growth of 8%-9%.
About Dassault Systèmes
Dassault Systèmes, the 3DEXPERIENCE Company, is a catalyst for human progress. We provide business and people with collaborative virtual environments to imagine sustainable innovations. By creating ‘virtual twin experiences’ of the real world with our 3DEXPERIENCE platform and applications, our customers push the boundaries of innovation, learning and production.
Dassault Systèmes’ 20,000 employees are bringing value to more than 300,000 customers of all sizes, in all industries, in more than 140 countries. For more information, visit https://www.3ds.com