Dassault Systemes reports first-quarter revenue in line with estimates


The logo of Dassault Systemes is seen on a company building in Brest, France, March 14, 2022. REUTERS/Stephane Mahe

April 23 (Reuters) - French ⁠software maker Dassault Systemes on Thursday reported first-quarter ⁠revenue of 1.51 billion euros ($1.77 billion), in line ‌with estimates, helped by strong demand for its 3DExperience and Cloud businesses.

Hit by a prolonged slowdown in the global auto industry, ​Dassault Systemes, which provides software ⁠to automakers, plane manufacturers ⁠and industrial firms, is increasingly tapping augmented AI and data ⁠centers ‌to drive growth.

Its flagship software platform 3DExperience offers 3D modelling, data management and project ⁠management tools.

Overall group revenue rose 3% on ​a constant-currency ‌basis from a year earlier, while operating margin ⁠came in ​at 30.3%.

"Europe saw healthy growth this quarter, broad data across regions, with strong contributions from consumer-centric industries", group CFO ⁠Rouven Bergmann told reporters.

He said Dassault's ​offerings in product lifecycle management were growing faster in sectors such as food and beverage, and retail, with ⁠clients including Amazon and Ferrero.

The group in February had forecast total quarterly revenue between 1.48 and 1.54 billion euros and an operating margin of 29.2%-30.7%.

On Thursday, ​it confirmed its full-year outlook ⁠for sales of 6.29 and 6.41 billion euros, an ​operating margin of 32.2% to 32.6%, ‌and earnings per share of ​1.30 to 1.34 euros.

($1 = 0.8548 euros)

(Reporting by Alessandro Parodi in Gdansk, editing by Sonia Cheema)

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