Dassault Systemes cuts 2024 earnings view, citing delays to customer orders

Technology
Tuesday, 09 Jul 2024
1:23 PM MYT

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FILE PHOTO: A logo of Dassault Systemes SE is seen on a company building in Paris, France, January 27, 2023. REUTERS/Sarah Meyssonnier/File Photo

(Reuters) -French software company Dassault Systemes cut its full-year earnings target on Tuesday, sending shares lower, as it warned that customers were being cautious with spending and were delaying the signing of contracts.

It now expects 2024 diluted earnings per share (EPS) growth in the range of 8% to 11% year-on-year, against previous guidance for 10% to 12%.

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Symbol	Open	High	Low	Last	Chg	%Chg	Vol ('00)
HSI-CWGB	0.135	0.140	0.110	0.115	-0.020	-14.81	2,133,979
HSI-CWEY	0.165	0.180	0.140	0.145	-0.040	-21.62	1,958,843
HSI-CWGA	0.070	0.070	0.050	0.050	-0.020	-28.57	1,675,003
HSI-PWFZ	0.200	0.235	0.200	0.230	0.030	15.00	1,553,120
MYEG-C9B	0.080	0.080	0.075	0.075	-0.005	-6.25	821,751
PUC	0.025	0.030	0.020	0.020	-0.010	-33.33	759,108
MYEG-C7U	0.040	0.040	0.035	0.035	-0.015	-30.00	710,600
HSI-CWC6	0.065	0.075	0.040	0.050	-0.030	-37.50	556,663
TANCO	0.980	0.985	0.950	0.955	-0.025	-2.55	492,660
HSI-PWHC	0.185	0.215	0.175	0.205	0.025	13.89	437,679
MYEG	0.930	0.935	0.905	0.905	-0.025	-2.69	345,439
HSI-CWEZ	0.085	0.085	0.065	0.070	-0.020	-22.22	336,384
SNS	0.540	0.560	0.535	0.545	0.010	1.87	275,676
RHONEMA-WA	0.070	0.105	0.035	0.045	-0.045	-50.00	259,223
BORNOIL	0.010	0.010	0.005	0.010	0.000	0.00	249,514

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