{"id":68597,"date":"2019-07-29T13:12:12","date_gmt":"2019-07-29T05:12:12","guid":{"rendered":"http:\/\/facfox.com\/news\/aerospace\/dassault-systemes-q3-2017-financial-results-show-strong-growth.3dm"},"modified":"2019-07-29T13:12:12","modified_gmt":"2019-07-29T05:12:12","slug":"dassault-systemes-q3-2017-financial-results-show-strong-growth","status":"publish","type":"post","link":"https:\/\/facfox.com\/news\/dassault-systemes-q3-2017-financial-results-show-strong-growth\/","title":{"rendered":"Dassault Syst\u00e8mes Q3 2017 financial results show strong growth"},"content":{"rendered":"<div id=\"dpsp-content-top\" class=\"dpsp-content-wrapper dpsp-shape-rectangular dpsp-size-medium dpsp-has-spacing dpsp-has-buttons-count dpsp-show-on-mobile dpsp-button-style-1\">\n<div class=\"dpsp-total-share-wrapper\"><span class=\"dpsp-total-share-count\">102<\/span><span>shares<\/span><\/div>\n<ul class=\"dpsp-networks-btns-wrapper dpsp-networks-btns-content dpsp-networks-btns-share dpsp-column-auto\">\n<li><span class=\"dpsp-network-icon\"><\/span><span class=\"dpsp-network-label-wrapper\"><span class=\"dpsp-network-count\">84<\/span><\/span><\/li>\n<li><span class=\"dpsp-network-icon\"><\/span><span class=\"dpsp-network-label-wrapper\"><span class=\"dpsp-network-count\">18<\/span><\/span><\/li>\n<li><span class=\"dpsp-network-icon\"><\/span><span class=\"dpsp-network-label-wrapper\"><span class=\"dpsp-network-count\">0<\/span><\/span><\/li>\n<li><span class=\"dpsp-network-icon\"><\/span><span class=\"dpsp-network-label-wrapper\"><\/span><\/li>\n<\/ul>\n<\/div>\n<p><span style=\"font-weight: 400;\">Dassault Syst\u00e8mes, the developers of SOLIDWORKS, SIMULIA &amp; CATIA software, has reported strong third quarter numbers. However revenue increases from software licenses were held back by exchange rate movements. <\/span><\/p>\n<p><span style=\"font-weight: 400;\">Total revenue at the France based company increased by 2% to \u20ac751.4M for the third quarter of 2017.  <\/span><\/p>\n<table dir=\"ltr\" border=\"1\" cellspacing=\"0\" cellpadding=\"0\">\n<colgroup>\n<col width=\"151\" \/>\n<col width=\"100\" \/>\n<col width=\"100\" \/>\n<col width=\"100\" \/>\n<col width=\"100\" \/><\/colgroup>\n<tbody>\n<tr>\n<td data-sheets-value=\"{&quot;1&quot;:2,&quot;2&quot;:&quot;Revenue by activity&quot;}\"><strong>Revenue by activity<\/strong><\/td>\n<td style=\"text-align: center;\" data-sheets-value=\"{&quot;1&quot;:2,&quot;2&quot;:&quot;Q3 2017&quot;}\"><strong>Q3 2017<\/strong><\/td>\n<td style=\"text-align: center;\" data-sheets-value=\"{&quot;1&quot;:2,&quot;2&quot;:&quot;Q3 2016&quot;}\"><strong>Q3 2016<\/strong><\/td>\n<td style=\"text-align: center;\" colspan=\"2\" rowspan=\"1\" data-sheets-value=\"{&quot;1&quot;:2,&quot;2&quot;:&quot;Variance&quot;}\"><strong>Variance<\/strong><\/td>\n<\/tr>\n<tr>\n<td><\/td>\n<td style=\"text-align: center;\" data-sheets-value=\"{&quot;1&quot;:2,&quot;2&quot;:&quot;\u20acm&quot;}\"><strong>\u20acm<\/strong><\/td>\n<td style=\"text-align: center;\" data-sheets-value=\"{&quot;1&quot;:2,&quot;2&quot;:&quot;\u20acm&quot;}\"><strong>\u20acm<\/strong><\/td>\n<td style=\"text-align: center;\" data-sheets-value=\"{&quot;1&quot;:2,&quot;2&quot;:&quot;\u20acm&quot;}\"><strong>\u20acm<\/strong><\/td>\n<td style=\"text-align: center;\" data-sheets-value=\"{&quot;1&quot;:2,&quot;2&quot;:&quot;%&quot;}\"><strong>%<\/strong><\/td>\n<\/tr>\n<tr>\n<td data-sheets-value=\"{&quot;1&quot;:2,&quot;2&quot;:&quot;Sofware Revenue&quot;}\">Sofware Revenue<\/td>\n<td><\/td>\n<td><\/td>\n<td><\/td>\n<td><\/td>\n<\/tr>\n<tr>\n<td data-sheets-value=\"{&quot;1&quot;:2,&quot;2&quot;:&quot;- New licenses and Other software revenue&quot;}\">&#8211; New licenses and Other software revenue<\/td>\n<td style=\"text-align: center;\" data-sheets-value=\"{&quot;1&quot;:3,&quot;3&quot;:175.2}\">175.2<\/td>\n<td style=\"text-align: center;\" data-sheets-value=\"{&quot;1&quot;:3,&quot;3&quot;:164.6}\">164.6<\/td>\n<td style=\"text-align: center;\" data-sheets-value=\"{&quot;1&quot;:3,&quot;3&quot;:10.599999999999994}\" data-sheets-formula=\"=R[0]C[-2]-R[0]C[-1]\">10.6<\/td>\n<td style=\"text-align: center;\" data-sheets-value=\"{&quot;1&quot;:3,&quot;3&quot;:0.06439854191980555}\" data-sheets-numberformat=\"[null,3,&quot;0%&quot;,1]\" data-sheets-formula=\"=R[0]C[-1]\/R[0]C[-2]\">6%<\/td>\n<\/tr>\n<tr>\n<td data-sheets-value=\"{&quot;1&quot;:2,&quot;2&quot;:&quot;- Periodic and Maintenance revenue&quot;}\">&#8211; Periodic and Maintenance revenue<\/td>\n<td style=\"text-align: center;\" data-sheets-value=\"{&quot;1&quot;:3,&quot;3&quot;:493.9}\">493.9<\/td>\n<td style=\"text-align: center;\" data-sheets-value=\"{&quot;1&quot;:3,&quot;3&quot;:482.2}\">482.2<\/td>\n<td style=\"text-align: center;\" data-sheets-value=\"{&quot;1&quot;:3,&quot;3&quot;:11.699999999999989}\" data-sheets-formula=\"=R[0]C[-2]-R[0]C[-1]\">11.7<\/td>\n<td style=\"text-align: center;\" data-sheets-value=\"{&quot;1&quot;:3,&quot;3&quot;:0.024263790958108645}\" data-sheets-numberformat=\"[null,3,&quot;0%&quot;,1]\" data-sheets-formula=\"=R[0]C[-1]\/R[0]C[-2]\">2%<\/td>\n<\/tr>\n<tr>\n<td data-sheets-value=\"{&quot;1&quot;:2,&quot;2&quot;:&quot;Software revenue total&quot;}\">Software revenue total<\/td>\n<td style=\"text-align: center;\" data-sheets-value=\"{&quot;1&quot;:3,&quot;3&quot;:669.0999999999999}\" data-sheets-formula=\"=sum(R[-2]C[0]:R[-1]C[0])\">669.1<\/td>\n<td style=\"text-align: center;\" data-sheets-value=\"{&quot;1&quot;:3,&quot;3&quot;:646.8}\" data-sheets-formula=\"=sum(R[-2]C[0]:R[-1]C[0])\">646.8<\/td>\n<td style=\"text-align: center;\" data-sheets-value=\"{&quot;1&quot;:3,&quot;3&quot;:22.299999999999955}\" data-sheets-formula=\"=R[0]C[-2]-R[0]C[-1]\">22.3<\/td>\n<td style=\"text-align: center;\" data-sheets-value=\"{&quot;1&quot;:3,&quot;3&quot;:0.03447742733457013}\" data-sheets-numberformat=\"[null,3,&quot;0%&quot;,1]\" data-sheets-formula=\"=R[0]C[-1]\/R[0]C[-2]\">3%<\/td>\n<\/tr>\n<tr>\n<td data-sheets-value=\"{&quot;1&quot;:2,&quot;2&quot;:&quot;Services Revenue&quot;}\">Services Revenue<\/td>\n<td style=\"text-align: center;\" data-sheets-value=\"{&quot;1&quot;:3,&quot;3&quot;:82.3}\">82.3<\/td>\n<td style=\"text-align: center;\" data-sheets-value=\"{&quot;1&quot;:3,&quot;3&quot;:88.4}\">88.4<\/td>\n<td style=\"text-align: center;\" data-sheets-value=\"{&quot;1&quot;:3,&quot;3&quot;:-6.1000000000000085}\" data-sheets-formula=\"=R[0]C[-2]-R[0]C[-1]\">-6.1<\/td>\n<td style=\"text-align: center;\" data-sheets-value=\"{&quot;1&quot;:3,&quot;3&quot;:-0.06900452488687792}\" data-sheets-numberformat=\"[null,3,&quot;0%&quot;,1]\" data-sheets-formula=\"=R[0]C[-1]\/R[0]C[-2]\">-7%<\/td>\n<\/tr>\n<tr>\n<td><\/td>\n<td><\/td>\n<td><\/td>\n<td><\/td>\n<td data-sheets-numberformat=\"[null,3,&quot;0%&quot;,1]\"><\/td>\n<\/tr>\n<tr>\n<td data-sheets-value=\"{&quot;1&quot;:2,&quot;2&quot;:&quot;Total Revenue&quot;}\"><strong>Total Revenue<\/strong><\/td>\n<td style=\"text-align: center;\" data-sheets-value=\"{&quot;1&quot;:3,&quot;3&quot;:751.3999999999999}\" data-sheets-formula=\"=R[-3]C[0]+R[-2]C[0]\"><strong>751.4<\/strong><\/td>\n<td style=\"text-align: center;\" data-sheets-value=\"{&quot;1&quot;:3,&quot;3&quot;:735.1999999999999}\" data-sheets-formula=\"=R[-3]C[0]+R[-2]C[0]\"><strong>735.2<\/strong><\/td>\n<td style=\"text-align: center;\" data-sheets-value=\"{&quot;1&quot;:3,&quot;3&quot;:16.199999999999932}\" data-sheets-formula=\"=R[0]C[-2]-R[0]C[-1]\"><strong>16.2<\/strong><\/td>\n<td style=\"text-align: center;\" data-sheets-value=\"{&quot;1&quot;:3,&quot;3&quot;:0.02203482045701841}\" data-sheets-numberformat=\"[null,3,&quot;0%&quot;,1]\" data-sheets-formula=\"=R[0]C[-1]\/R[0]C[-2]\"><strong>2%<\/strong><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p><span style=\"font-weight: 400;\">IFRS Q3 2017 figures show that new licenses and other software revenue are up by 6% to \u20ac175.2 million. When non-IFRS figures are used &#8211; and FX movements taken out &#8211; SOLIDWORKS software revenue is up 16% in Q3 and by 14% YTD.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">In a presentation to investors DS said they have added 15k+ new SOLIDWORKS customers since the beginning of 2017 and now have 800k+ commercial users.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The majority of the \u20ac751.4M income at DS comes from software revenue, with \u20ac82.3M related to service revenue for quarter.<\/span><\/p>\n<table dir=\"ltr\" border=\"1\" cellspacing=\"0\" cellpadding=\"0\">\n<colgroup>\n<col width=\"151\" \/>\n<col width=\"100\" \/>\n<col width=\"100\" \/>\n<col width=\"100\" \/>\n<col width=\"100\" \/><\/colgroup>\n<tbody>\n<tr>\n<td data-sheets-value=\"{&quot;1&quot;:2,&quot;2&quot;:&quot;Software Revenue by product &quot;}\"><strong>Software Revenue by product<\/strong><\/td>\n<td style=\"text-align: center;\" data-sheets-value=\"{&quot;1&quot;:2,&quot;2&quot;:&quot;Q3 2017&quot;}\"><strong>Q3 2017<\/strong><\/td>\n<td style=\"text-align: center;\" data-sheets-value=\"{&quot;1&quot;:2,&quot;2&quot;:&quot;Q3 2016&quot;}\"><strong>Q3 2016<\/strong><\/td>\n<td style=\"text-align: center;\" colspan=\"2\" rowspan=\"1\" data-sheets-value=\"{&quot;1&quot;:2,&quot;2&quot;:&quot;Variance&quot;}\"><strong>Variance<\/strong><\/td>\n<\/tr>\n<tr>\n<td><\/td>\n<td style=\"text-align: center;\" data-sheets-value=\"{&quot;1&quot;:2,&quot;2&quot;:&quot;\u20acm&quot;}\">\u20acm<\/td>\n<td style=\"text-align: center;\" data-sheets-value=\"{&quot;1&quot;:2,&quot;2&quot;:&quot;\u20acm&quot;}\">\u20acm<\/td>\n<td style=\"text-align: center;\" data-sheets-value=\"{&quot;1&quot;:2,&quot;2&quot;:&quot;\u20acm&quot;}\">\u20acm<\/td>\n<td style=\"text-align: center;\" data-sheets-value=\"{&quot;1&quot;:2,&quot;2&quot;:&quot;%&quot;}\">%<\/td>\n<\/tr>\n<tr>\n<td><\/td>\n<td><\/td>\n<td><\/td>\n<td><\/td>\n<td><\/td>\n<\/tr>\n<tr>\n<td data-sheets-value=\"{&quot;1&quot;:2,&quot;2&quot;:&quot;CATIA&quot;}\">CATIA<\/td>\n<td style=\"text-align: center;\" data-sheets-value=\"{&quot;1&quot;:3,&quot;3&quot;:230.3}\">230.3<\/td>\n<td style=\"text-align: center;\" data-sheets-value=\"{&quot;1&quot;:3,&quot;3&quot;:237.5}\">237.5<\/td>\n<td style=\"text-align: center;\" data-sheets-value=\"{&quot;1&quot;:3,&quot;3&quot;:-7.199999999999989}\" data-sheets-formula=\"=R[0]C[-2]-R[0]C[-1]\">-7.2<\/td>\n<td style=\"text-align: center;\" data-sheets-value=\"{&quot;1&quot;:3,&quot;3&quot;:-0.030315789473684164}\" data-sheets-numberformat=\"[null,3,&quot;0%&quot;,1]\" data-sheets-formula=\"=R[0]C[-1]\/R[0]C[-2]\">-3%<\/td>\n<\/tr>\n<tr>\n<td data-sheets-value=\"{&quot;1&quot;:2,&quot;2&quot;:&quot;ENOVIA&quot;}\">ENOVIA<\/td>\n<td style=\"text-align: center;\" data-sheets-value=\"{&quot;1&quot;:3,&quot;3&quot;:77.6}\">77.6<\/td>\n<td style=\"text-align: center;\" data-sheets-value=\"{&quot;1&quot;:3,&quot;3&quot;:77}\">77<\/td>\n<td style=\"text-align: center;\" data-sheets-value=\"{&quot;1&quot;:3,&quot;3&quot;:0.5999999999999943}\" data-sheets-formula=\"=R[0]C[-2]-R[0]C[-1]\">0.6<\/td>\n<td style=\"text-align: center;\" data-sheets-value=\"{&quot;1&quot;:3,&quot;3&quot;:0.0077922077922077185}\" data-sheets-numberformat=\"[null,3,&quot;0%&quot;,1]\" data-sheets-formula=\"=R[0]C[-1]\/R[0]C[-2]\">1%<\/td>\n<\/tr>\n<tr>\n<td data-sheets-value=\"{&quot;1&quot;:2,&quot;2&quot;:&quot;SOLIDWORKS&quot;}\">SOLIDWORKS<\/td>\n<td style=\"text-align: center;\" data-sheets-value=\"{&quot;1&quot;:3,&quot;3&quot;:166.2}\">166.2<\/td>\n<td style=\"text-align: center;\" data-sheets-value=\"{&quot;1&quot;:3,&quot;3&quot;:152.2}\">152.2<\/td>\n<td style=\"text-align: center;\" data-sheets-value=\"{&quot;1&quot;:3,&quot;3&quot;:14}\" data-sheets-formula=\"=R[0]C[-2]-R[0]C[-1]\">14<\/td>\n<td style=\"text-align: center;\" data-sheets-value=\"{&quot;1&quot;:3,&quot;3&quot;:0.09198423127463864}\" data-sheets-numberformat=\"[null,3,&quot;0%&quot;,1]\" data-sheets-formula=\"=R[0]C[-1]\/R[0]C[-2]\">9%<\/td>\n<\/tr>\n<tr>\n<td data-sheets-value=\"{&quot;1&quot;:2,&quot;2&quot;:&quot;Other software revenue&quot;}\">Other software revenue<\/td>\n<td style=\"text-align: center;\" data-sheets-value=\"{&quot;1&quot;:3,&quot;3&quot;:195}\">195<\/td>\n<td style=\"text-align: center;\" data-sheets-value=\"{&quot;1&quot;:3,&quot;3&quot;:180.1}\">180.1<\/td>\n<td style=\"text-align: center;\" data-sheets-value=\"{&quot;1&quot;:3,&quot;3&quot;:14.900000000000006}\" data-sheets-formula=\"=R[0]C[-2]-R[0]C[-1]\">14.9<\/td>\n<td style=\"text-align: center;\" data-sheets-value=\"{&quot;1&quot;:3,&quot;3&quot;:0.08273181565796783}\" data-sheets-numberformat=\"[null,3,&quot;0%&quot;,1]\" data-sheets-formula=\"=R[0]C[-1]\/R[0]C[-2]\">8%<\/td>\n<\/tr>\n<tr>\n<td><\/td>\n<td><\/td>\n<td><\/td>\n<td><\/td>\n<td data-sheets-numberformat=\"[null,3,&quot;0%&quot;,1]\"><\/td>\n<\/tr>\n<tr>\n<td><\/td>\n<td style=\"text-align: center;\" data-sheets-value=\"{&quot;1&quot;:3,&quot;3&quot;:669.0999999999999}\" data-sheets-formula=\"=sum(R[-5]C[0]:R[-2]C[0])\"><strong>669.1<\/strong><\/td>\n<td style=\"text-align: center;\" data-sheets-value=\"{&quot;1&quot;:3,&quot;3&quot;:646.8}\" data-sheets-formula=\"=sum(R[-5]C[0]:R[-2]C[0])\"><strong>646.8<\/strong><\/td>\n<td style=\"text-align: center;\" data-sheets-value=\"{&quot;1&quot;:3,&quot;3&quot;:22.299999999999955}\" data-sheets-formula=\"=R[0]C[-2]-R[0]C[-1]\"><strong>22.3<\/strong><\/td>\n<td style=\"text-align: center;\" data-sheets-value=\"{&quot;1&quot;:3,&quot;3&quot;:0.03447742733457013}\" data-sheets-numberformat=\"[null,3,&quot;0%&quot;,1]\" data-sheets-formula=\"=R[0]C[-1]\/R[0]C[-2]\"><strong>3%<\/strong><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p><span style=\"font-weight: 400;\">Geographic analysis of DS revenues is important as it demonstrates that almost 60% of revenue is generated outside Europe. During the most recent quarter, and throughout much of 2017, exchange rates have moved against DS. This explains both the lower than anticipated performance during the quarter and is also the reason for the updated full year guidance.<\/span><\/p>\n<table dir=\"ltr\" border=\"1\" cellspacing=\"0\" cellpadding=\"0\">\n<colgroup>\n<col width=\"151\" \/>\n<col width=\"100\" \/>\n<col width=\"100\" \/><\/colgroup>\n<tbody>\n<tr>\n<td data-sheets-value=\"{&quot;1&quot;:2,&quot;2&quot;:&quot;Software Revenue - Geographic Split&quot;}\">Software Revenue &#8211; Geographic Split<\/td>\n<td style=\"text-align: center;\" colspan=\"2\" rowspan=\"1\" data-sheets-value=\"{&quot;1&quot;:2,&quot;2&quot;:&quot;Q3 2017&quot;}\"><strong>Q3 2017<\/strong><\/td>\n<\/tr>\n<tr>\n<td><\/td>\n<td style=\"text-align: center;\" data-sheets-value=\"{&quot;1&quot;:2,&quot;2&quot;:&quot;\u20acm&quot;}\"><strong>\u20acm<\/strong><\/td>\n<td style=\"text-align: center;\" data-sheets-value=\"{&quot;1&quot;:2,&quot;2&quot;:&quot;%&quot;}\"><strong>%<\/strong><\/td>\n<\/tr>\n<tr>\n<td data-sheets-value=\"{&quot;1&quot;:2,&quot;2&quot;:&quot;Americas&quot;}\">Americas<\/td>\n<td style=\"text-align: center;\" data-sheets-value=\"{&quot;1&quot;:3,&quot;3&quot;:200.5}\">200.5<\/td>\n<td style=\"text-align: center;\" data-sheets-value=\"{&quot;1&quot;:3,&quot;3&quot;:0.2996562546704528}\" data-sheets-numberformat=\"[null,3,&quot;0%&quot;,1]\" data-sheets-formula=\"=R[0]C[-1]\/R18C2\">30%<\/td>\n<\/tr>\n<tr>\n<td data-sheets-value=\"{&quot;1&quot;:2,&quot;2&quot;:&quot;Europe&quot;}\">Europe<\/td>\n<td style=\"text-align: center;\" data-sheets-value=\"{&quot;1&quot;:3,&quot;3&quot;:277.7}\">277.7<\/td>\n<td style=\"text-align: center;\" data-sheets-value=\"{&quot;1&quot;:3,&quot;3&quot;:0.41503512180541025}\" data-sheets-numberformat=\"[null,3,&quot;0%&quot;,1]\" data-sheets-formula=\"=R[0]C[-1]\/R18C2\">42%<\/td>\n<\/tr>\n<tr>\n<td data-sheets-value=\"{&quot;1&quot;:2,&quot;2&quot;:&quot;Asia&quot;}\">Asia<\/td>\n<td style=\"text-align: center;\" data-sheets-value=\"{&quot;1&quot;:3,&quot;3&quot;:190.9}\">190.9<\/td>\n<td style=\"text-align: center;\" data-sheets-value=\"{&quot;1&quot;:3,&quot;3&quot;:0.2853086235241369}\" data-sheets-numberformat=\"[null,3,&quot;0%&quot;,1]\" data-sheets-formula=\"=R[0]C[-1]\/R18C2\">29%<\/td>\n<\/tr>\n<tr>\n<td><\/td>\n<td><\/td>\n<td data-sheets-numberformat=\"[null,3,&quot;0%&quot;,1]\"><\/td>\n<\/tr>\n<tr>\n<td data-sheets-value=\"{&quot;1&quot;:2,&quot;2&quot;:&quot;Total&quot;}\">Total<\/td>\n<td style=\"text-align: center;\" data-sheets-value=\"{&quot;1&quot;:3,&quot;3&quot;:669.1}\" data-sheets-formula=\"=sum(R[-4]C[0]:R[-2]C[0])\">669.1<\/td>\n<td style=\"text-align: center;\" data-sheets-value=\"{&quot;1&quot;:3,&quot;3&quot;:1}\" data-sheets-numberformat=\"[null,3,&quot;0%&quot;,1]\" data-sheets-formula=\"=R[0]C[-1]\/R18C2\">100%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p><span style=\"font-weight: 400;\">Specifically, while DS has re-confirmed FY 2017 license revenue growth at a range between 8-10%, with recurring software growth of 6%, EPS forecasts were cut. The revised earnings guidance takes into account a 5 cent impact of currency movements and brings EPS to \u20ac2.57-2.61.<\/span><\/p>\n<p><b>Major contract announced during quarter<\/b><span style=\"font-weight: 400;\"><br \/>\n<\/span><\/p>\n<p><span style=\"font-weight: 400;\">As previously reported in July 2017, Dassault Syst\u00e8mes signed a contract for 3DEXPERIENCE with Boeing that is <\/span><span style=\"font-weight: 400;\">estimated to be worth $1 billion over 30 years<\/span><span style=\"font-weight: 400;\">.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Updating analysts on the Boeing contract CFO Thibault de Tersant stated that the \u201cmost important increment in the Boeing revenue flow will be 2019, 2020, and 2021. These are the three years where most of the increase will happen.\u201d<\/span><\/p>\n<figure id=\"attachment_111144\" style=\"width: 1024px\" class=\"wp-caption aligncenter\"><img fetchpriority=\"high\" decoding=\"async\" class=\"size-large wp-image-111144\" src=\"https:\/\/3dprintingindustry.com\/wp-content\/uploads\/2017\/04\/The-Scilla-concept-car-a-collaborative-effort-between-the-IED-Quattroruote-and-Pininfarina-presented-during-Milan-Design-Week-by-Dassault-Systemes.-Photo-by-Michael-Petch.-1024x768.jpg\" alt=\"\" width=\"1024\" height=\"768\" srcset=\"https:\/\/3dprintingindustry.com\/wp-content\/uploads\/2017\/04\/The-Scilla-concept-car-a-collaborative-effort-between-the-IED-Quattroruote-and-Pininfarina-presented-during-Milan-Design-Week-by-Dassault-Systemes.-Photo-by-Michael-Petch.-1024x768.jpg 1024w, https:\/\/3dprintingindustry.com\/wp-content\/uploads\/2017\/04\/The-Scilla-concept-car-a-collaborative-effort-between-the-IED-Quattroruote-and-Pininfarina-presented-during-Milan-Design-Week-by-Dassault-Systemes.-Photo-by-Michael-Petch.-770x578.jpg 770w, https:\/\/3dprintingindustry.com\/wp-content\/uploads\/2017\/04\/The-Scilla-concept-car-a-collaborative-effort-between-the-IED-Quattroruote-and-Pininfarina-presented-during-Milan-Design-Week-by-Dassault-Systemes.-Photo-by-Michael-Petch.-200x150.jpg 200w, https:\/\/3dprintingindustry.com\/wp-content\/uploads\/2017\/04\/The-Scilla-concept-car-a-collaborative-effort-between-the-IED-Quattroruote-and-Pininfarina-presented-during-Milan-Design-Week-by-Dassault-Systemes.-Photo-by-Michael-Petch.-500x375.jpg 500w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><figcaption class=\"wp-caption-text\">The Scilla concept car, a collaborative effort between the IED, Quattroruote and Pininfarina presented during Milan Design Week by Dassault Systemes. Photo by Michael Petch.<\/figcaption><\/figure>\n<p><b>The future of SOLIDWORKS<\/b><\/p>\n<p><span style=\"font-weight: 400;\">Discussion around sales of SOLIDWORKS licenses and momentum in this area, DS CEO Bernard Charl\u00e8s commented, \u201cthe mood with our channel, not only the user community, but the sales channel is also very positive\u201d<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Some of the reported increase in marketing spend has undoubtedly gone on events such as <\/span><span style=\"font-weight: 400;\">SOLIDWORKS World<\/span><span style=\"font-weight: 400;\"> and the <\/span><span style=\"font-weight: 400;\">Design in the Age of &#8230;<\/span><span style=\"font-weight: 400;\"> series of conferences, and has contributed to this positive view of SOLIDWORKS <\/span><\/p>\n<p><span style=\"font-weight: 400;\">Charl\u00e8s had this to say about the evolution of SOLIDWORKS \u201cthe future of SOLIDWORKS through a browser is really something really important for our clients, even though they want &#8212; they love SOLIDWORKS on desktop, they see on.\u201d<\/span><\/p>\n<p><i>For all the latest 3D printing industry news <\/i><i>subscribe to our newsletter<\/i><i> and <\/i><i>follow us on social media<\/i><i>.<\/i><\/p>\n","protected":false},"excerpt":{"rendered":"<p>102shares 84 18 0 Dassault Syst\u00e8mes, the developers of SOLIDWORKS, SIMULIA &amp; CATIA software, has reported strong third quarter numbers. However revenue increases from software licenses were held back by exchange rate movements. Total revenue at the France based company increased by 2% to \u20ac751.4M for the third quarter of 2017. Revenue by activity Q3 [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":182605,"comment_status":"open","ping_status":"close","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"fifu_image_url":"https:\/\/3dprintingindustry.com\/wp-content\/uploads\/2017\/04\/The-Scilla-concept-car-a-collaborative-effort-between-the-IED-Quattroruote-and-Pininfarina-presented-during-Milan-Design-Week-by-Dassault-Systemes.-Photo-by-Michael-Petch.-1024x768.jpg","fifu_image_alt":"","footnotes":""},"categories":[53],"tags":[169,170],"class_list":["post-68597","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-aerospace","tag-3dprint","tag-3dprinting"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.2 (Yoast SEO v27.2) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Dassault Syst\u00e8mes Q3 2017 financial results show strong growth - FacFox News<\/title>\n<meta name=\"description\" content=\"102shares84180Dassault Syst\u00e8mes, the developers of SOLIDWORKS, SIMULIA &amp; CATIA software, has reported strong third quarter numbers. 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