Dassault posts double-digit EPS Growth in 2012
VARINDIA- INDIA'S FRONTLINE IT MAGAZINE Dassault Systèmes has reported IFRS unaudited financial results for the fourth quarter and year ended December 31, 2012. These results were reviewed by the Company’s Board of Directors on February 4, 2013. According to the report, revenue results for the fourth quarter were well in line with the Company’s expectations, evidenced by a mixed economic climate as reflected in lower seasonal growth in new licences revenue and also reflected a strong year-ago comparison, notably for Europe. Total revenue grew 7% (IFRS) and 8% (non-IFRS) in constant currencies. By region and in constant currencies, non-IFRS revenue growth was highest in Asia, up 14%, led by Japan, Korea and China. In the Americas, non-IFRS revenue increased 9% year on year through growth in both North America and Latin America. Non-IFRS revenue growth in Europe of 5% was led by Germany and France. “2012 represents an important juncture, with the ...