Dassault Systèmes Reports Q3 and YTD EPS Up Double-Digits and Reaffirms 2018 Growth Objectives
Summary
(See pages 16 and 22 in the Appendix to this press release for further details including a reconciliation of the cash flow statement and balance sheets under IFRS 15 compared to IAS 18 for the quarter, year-to-date and period ended September 30, 2018.In light of the continuing uncertainties regarding economic, business, social and geopolitical conditions at the global level, the Company’s revenue, net earnings and cash flows may grow more slowly, whether on an annual or quarterly basis.The Company’s actual results or performance may also be materially negatively affected by numerous risks and uncertainties, as described in the “Risk Factors” section of the 2017 Document de Référence (Annual Report) filed with the AMF (French Financial Markets Authority) on March 21, 2018 and also available on the Company’s website www.3ds.com .Three months ended September 30, In millions of Euros 2018 IFRS Adjustment Cost of revenue (126.2) 1.3 (124.9) Research and development (153.8) 12.0 (141.8) Marketing and sales (256.5) 8.4 (248.1) General and administrative (70.1) 9.7 (60.3) Total share-based compensation expense€ 31.5 (2) The non-IFRS percentage increase (decrease) compares non-IFRS measures for the two different periods.In millions of Euros Nine months ended September 30, 2018 IFRS Adjustment 2018 Non-IFRS Cost of revenue (366.4) 3.4 (363.0) Research and development (467.8) 35.1 (432.7) Marketing and sales (772.3) 22.3 (750.0) General and administrative (209.6) 30.9 (178.8) Total share-based compensation expense€ 91.6 (2) The non-IFRS percentage increase (decrease) compares non-IFRS measures for the two different periods.