Dassault Systèmes raises 2026 targets
A logo of Dassault Systemes SE is seen on a company building in Paris, France, January 27, 2023. REUTERS/Sarah Meyssonnier
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Oct 28 – Software maker Dassault Systèmes on Wednesday raised its 2026 revenue and margin targets after its third-quarter revenue rose 5 per cent to €1.55 billion ($1.73 billion).
The upgrade, the French software group’s first in two years, signals that a slowdown dating back to 2023 may have bottomed out.
Dassault now expects revenue to grow 4-5 per cent this year, up from the previous view of 3-5 per cent, and it has lifted its operating margin target to 32.5-32.7 per cent from 32.2-32.6 per cent.
Revenue growth has been accelerating each quarter in 2026, from 3 per cent in the January-March period to 5 per cent in July-September, Chief Financial Officer Rouven Bergmann said in a call with analysts.
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The group’s operating earnings grew 10 per cent to €490 million in the quarter, lifting the margin to 31.6 per cent from 30.1 per cent a year ago.
The company, which completed its $1.8 billion purchase of life-sciences software maker ArisGlobal in September, said the deal would add two percentage points to its fourth-quarter growth forecast of 5-8 per cent.
For 2027, ArisGlobal is projected to grow in double digits, Bergmann said.
($1 = 0.8981 euros)
Source: Reuters
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