Dassault Systemes (NASDAQ: DASTY) reported strong 2006 fourth
quarter and full-year financial results this week. Total revenue
increased 24% to €1.16 billion ($1.52 billion) on a 23% increase
in software revenue and a 29% increase in services and other
revenue. The revenue gain was up 26% in constant currencies.
“2006 was a remarkable year for Dassault Systemes,” said
company CEO Bernard Charles. “We met all our financial
objectives. We extended PLM market leadership, surpassing the 25
percent market milestone.”
2006 was the tenth year of DS as a public company, and
Charles commented on the track record during a briefing for
analysts: “Over this timeframe, Dassault has established a
strong performance track record, delivering compound annual
growth of 18% for revenues and 15% for earnings. With leading
brands in growing markets, I believe we are well-positioned to
attain our 2005-2010 goals of doubling both revenue and
earnings.” Dassault is pleased with its recent acquisitions of
Abaqus and MatrixOne, and will likely seek additional purchases
in 2007.
For the fourth quarter of 2006, DS reported total revenue of
€349.4 million ($456.7 million), up 15% (up 20% in constant
currencies). Earnings per share for the quarter increased 14% to
€0.66. DS attributed the increases to higher operating income
and a lower effective tax rate.
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