HomeBusinessDassault Systemes forecasts lower 2022 operating margin

Dassault Systemes forecasts lower 2022 operating margin

French software program writer Dassault Systemes on Thursday forecast lower operating margins for 2022 whereas anticipating extra investments.

The 3-D software program designer energetic within the automotive, aerospace and industrial sectors expects an operating margin for the complete 12 months within the vary of 32.7per cent to 33.1per cent.

For 2021, Dassault Systemes’ non-IFRS income rose 9per cent to 4.86 billion euros ($5.49 billion), above Refinitiv estimates at 4.84 billion euros, and printed a yearly margin at 34.3per cent.

The group formally announce on Thursday the appointment of Rouven Bergmann as Chief Financial Officer, and mentioned he began originally of the 12 months, whereas the previous finance chief, Pascal Daloz, will concentrate on being Chief Operating Officer.

($1 = 0.8850 euros)

(Reporting by Kate Entringer in Gdansk; Editing by Christian Schmollinger)

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