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DASSAULT SYSTEMES SA (DASTY) Stock News, Mar-Apr 2021

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Dassault Systèmes SA reports company news centered on its 3DEXPERIENCE platform, virtual twins, and software activity across manufacturing industries, life sciences and healthcare, and infrastructure and cities. Updates commonly cover software revenue, cloud activity, annual run-rate trends, operating cash flow, margin performance, and product themes such as SOLIDWORKS, CENTRIC, 3D UNIV+RSES, and industrial AI.

Company announcements also address shareholder and governance matters, including combined shareholders’ meetings, Universal Registration Document filings with the Autorité des marchés financiers, share repurchase program descriptions, dividend proposals, outstanding share and voting-right declarations, and board leadership changes.

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Dassault Systèmes reported strong first quarter 2021 results, exceeding guidance. IFRS EPS rose 54% to €0.66; non-IFRS EPS increased 20% to €1.14. Total revenue reached €1.17 billion, growing 9% year-over-year, with software revenue up 11%. Notable growth was seen in China and North America, driven by a 25% increase in licenses and other software revenue. Operating cash flow surged 40% to €642 million. The company reaffirmed its 2021 objectives, estimating revenue growth of 9-10% and upgraded EPS expectations to €4.24-4.28.

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Bouygues Construction and Dassault Systèmes have renewed their strategic partnership to enhance digital transformation in the construction industry. This three-year roadmap focuses on cloud-based and mobile-enabled approaches to improve project management and sustainability. Utilizing the 3DEXPERIENCE platform, the companies aim to create a construction virtual twin to streamline collaboration and industrialize project management. The collaboration will enhance productivity, quality, and compliance while aiming to reduce waste and energy usage across projects.

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Dassault Systèmes will publish its first quarter 2021 results on April 28, 2021, after the quarter ended on March 31, 2021. A webcast is scheduled at 10:00 AM Paris time and a conference call at 9:00 AM New York time. Both events will be available live and as a replay on the company's investor website. Investors are advised to connect at least 15 minutes prior to each event to ensure registration and software installation. The webcast and conference call will be archived for a year.

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Dassault Systèmes will release its first quarter 2021 results on April 28, 2021, reporting on performance ending March 31, 2021. A webcast will take place at 10:00 am Paris time and a conference call at 9:00 am New York time. Both events will be accessible live and afterward on the company’s investor website. Dassault Systèmes, known for its 3D design and Product Lifecycle Management solutions, serves over 270,000 customers across more than 140 countries.

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Atos, Dassault Systèmes, Groupe Renault, STMicroelectronics, and Thales have launched the Software République, an open ecosystem aimed at intelligent and sustainable mobility. The initiative responds to the projected 60% growth in the global mobility market by 2035, creating opportunities for collaboration among tech leaders. Key focus areas include secure connectivity, data management, and simplifying the charging experience for electric vehicles. The ecosystem will also foster innovation through an investment fund and incubator for startups.

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Dassault Systèmes announced on April 9, 2021, that as of March 31, 2021, it has a total of 265,457,857 outstanding shares and 397,258,157 voting rights. This figures comply with articles 223-16 and 221-3 of the General Regulation of the Autorité des marchés financiers. The total voting rights are calculated based on the number of outstanding shares, even if some rights are suspended. Shareholders are encouraged to refer to the regulations for declaring thresholds.

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Dassault Systèmes announced the filing of its 2020 Universal Registration Document with the Autorité des marchés financiers on March 19, 2021. This document includes the Annual Financial Report, corporate governance report, and details about the share repurchase program. Investors can access the report on the company's website or request a hard copy at its headquarters in France. The filing demonstrates compliance with regulatory standards.

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Dassault Systèmes, on March 18, 2021, announced a proposed annual cash dividend of €0.56 per share for the fiscal year 2020, to be voted on in the upcoming General Meeting of Shareholders on May 26, 2021. The ex-dividend date is set for May 28, 2021, with payments scheduled for June 1, 2021. CEO Bernard Charlès highlighted the strategic acquisition of MEDIDATA as pivotal during 2020, reinforcing the company's commitment to deleveraging and consistent dividend distribution.

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On March 16, 2021, Dassault Systèmes disclosed details regarding the company's share repurchase program initiated on May 26, 2020. The buyback executed on March 8 and 9, 2021, involved a total of 62,348 shares at an average acquisition price ranging from €167.9747 to €169.0995. The repurchases were split between different markets, with 12,583 shares traded on XPAR and additional volumes on DXE. For further specifics, investors can access detailed transaction data on the company's investor relations website.

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Dassault Systèmes has disclosed its stock repurchase activities from March 1 to March 5, 2021, as part of a buyback program approved at the General Meeting on May 26, 2020. During this period, a total of over 216,000 shares were repurchased across various markets including XPAR and DXE. The average acquisition price ranged from 168.74 to 171.93. For detailed trading data, investors can refer to the company's investor relations page.

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FAQ

What is the current stock price of DASSAULT SYSTEMES SA (DASTY)?

DASSAULT SYSTEMES SA (DASTY) last closed at $24.19.

What is the market cap of DASSAULT SYSTEMES SA (DASTY)?

The market cap of DASSAULT SYSTEMES SA (DASTY) is approximately $31.8B.