Dassault Systèmes reviews its growth plan

Posted on Nov 17, 2020 at 5:46 p.m.Updated Nov 17, 2020 6:51 PM

Given the economic outlook for the coming years, even the analysts most familiar with Dassault Systèmes’ strengths no longer really believed the French software champion capable of keeping its medium-term promise.

On Tuesday, management announced that it was finally giving itself until 2024, and no longer 2023, to reach its objective of 6 euros in net earnings per share, ie a doubling of this indicator compared to 2019. Rather anticipated by the investors, the news resulted in only a small drop in the stock Dassault Systèmes (-1.31%), in a CAC 40 stable at + 0.21%.

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