VÉLIZY-VILLACOUBLAY, France, Feb 2, 2024 – Dassault Systèmes announced IFRS unaudited estimated financial results for the fourth quarter and fiscal year ended December 31, 2023. This quarter’s revenue stood at €1.64B, up 15.4% compared to €1.43B of third quarter of 2023, with a profit of €330.3M.

Bernard Charlès, Dassault Systèmes’ executive chairman, commented: “It is a special moment, marking the commencement of a new journey, with Pascal Daloz now serving as chief executive officer since January 1, as announced last June. I am impressed by Pascal’s engagement to increase the value we bring to the giant customer base that we have. In my new role as Executive Chairman, I will organize the board’s work encompassing, among others, strategy, governance, risks’ oversight and corporate social & environmental responsibility. I’ll ensure the executive team enjoys the same freedom to pursue innovative strategies as I have had. Furthermore, I will collaborate with Pascal on strategy, research, and developing our connections with governments and longstanding clients.

Over the years, my professional journey has been motivated by a constant commitment to inspiring significant transformations in the industry. While it has driven progress in crucial sectors such as health, mobility and energy, it now needs to adopt a reimagined approach that balances innovation with responsibility towards nature and society. We have been, and will always be a key player in this ‘Industry Renaissance’. Our legacy, combining science and industrial knowledge, is crucial for upcoming metamorphoses focused on sustainable innovation.

The genius of Dassault Systèmes lies in its ability to translate a dream into reality and to drive science-guided imagination. There is more to be invented to advance our mission. We will continue to build on our legacy, aiming to provide businesses and people with 3DEXPERIENCE universes to imagine sustainable innovations capable of harmonizing product, nature and life.”

Pascal Daloz, Dassault Systèmes’ chief executive officer, commented: “As the new CEO, I am honored to lead our company, alongside a talented team, into a new chapter – an evolution, not a revolution. Today, we see that the Experience Economy – that we introduced in 2012 – and the Sustainable Economy are converging. We are entering an era defined by the principles of the ‘Generative Economy’, centered on understanding and mirroring the magic of life’s transformative method. This approach implies a metamorphosis of both the industry and society – a new equilibrium that prioritizes ‘generation’ over mere ‘consumption’.

For decades, we have guided innovation from design to manufacturing. Today, we extend this journey into an infinite loop by seamlessly connecting the virtual and the real with real-world data. This opens up new possibilities, such as ‘giving life to things’ and ‘generating multiple lives of things’, promoting sustainability and a circular economy. Consequently, we will expand our value propositions and audiences – reaching all business users and ultimately consumers, patients and citizens.

Successfully delivering our 2018-2023 plan, we doubled our diluted EPS to €1.20, an increase mostly attributed to organic growth. This performance was achieved in five years as initially planned, despite the pandemic and geopolitical instability. During this period, we strengthened our positions in key industries, acting as a game-changer and supporting their transformation, thus laying a solid foundation for future success.

Now, we are embarking on a new five-year plan to double our EPS by 2028. Strategically positioned, we can leverage a vast market creating new opportunities. Our scientific approach, industrial know-how, modeling and simulation capabilities coupled with AI and data science, set us apart to play a critical role in the ‘Generative Economy’.”

A complete chart of the financial results is available here.

About Dassault Systèmes

Dassault Systèmes, the 3DEXPERIENCE company, is a catalyst for human progress. They provide business and people with collaborative virtual environments to imagine sustainable innovations. By creating virtual twin experiences of the real world with their 3DEXPERIENCE platform and applications, their customers can redefine the creation, production and life-cycle-management processes of their offer and thus have a meaningful impact to make the world more sustainable. The beauty of the Experience Economy is that it is a human-centered economy for the benefit of all – consumers, patients and citizens. Dassault Systèmes brings value to more than 300,000 customers of all sizes, in all industries, in more than 150 countries.

For more information, visit www.3ds.com.