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DASSAULT SYSTEMES SA ADR - DASTY STOCK NEWS

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Dassault Systèmes, known as the 3DEXPERIENCE company, provides virtual universes for sustainable innovations. Their solutions revolutionize product design, production, and support, fostering social innovation and bringing value to over 220,000 customers globally. With a range of cutting-edge software products like CATIA, SOLIDWORKS, ENOVIA, and more, Dassault Systèmes is a leader in transforming the virtual world to enhance the real world.

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Dassault Systèmes announced the deployment of its DELMIA Quintiq applications at BMW Group production sites in Dingolfing, Leipzig, and Regensburg for E-Drive components.

The program aims to enhance manufacturing efficiency and decision-making amid evolving automotive supply chains. By synchronizing demand and lowering costs, the application is designed to optimize productivity and inventory levels. This deployment represents a significant step in BMW's digital transformation strategy to meet rising demand for electric vehicles.

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AllStripes has successfully completed a $50 million Series B funding round, led by Lux Capital and supported by JAZZ Venture Partners and others. This financing aims to launch 100 new rare disease research programs and enhance the company's technology and operational capabilities. Currently partnering with over 30 advocacy organizations, AllStripes strives to improve research insights and empower patient engagement in rare diseases. The investment aims to increase treatment options for patients, addressing the 7,000 rare diseases with only 5% having available treatments.

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Dassault Systèmes announced the total number of its outstanding shares and voting rights as of July 31, 2021. The company reported 1,330,538,497 outstanding shares post a five-for-one stock split effective July 7, 2021. The total number of voting rights is 1,991,139,902, including those with suspended rights. Shareholders are advised to refer to the applicable regulations for threshold crossings. Declarations for crossing thresholds should be directed to the Investors Relations Service.

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Dassault Systèmes has announced the availability of its 2021 Half-Year Financial Report as of June 30, 2021, compliant with IFRS standards. This report outlines the company's financial positions and is filed with the French Autorité des marchés financiers. Interested parties can access the report online or request a hard copy from the company's headquarters. Dassault Systèmes continues to be a leader in 3D design software and Product Lifecycle Management (PLM) solutions, serving over 290,000 customers worldwide.

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Dassault Systèmes reported strong Q2 2021 results, with diluted EPS soaring by 118% to €0.14, while non-IFRS EPS increased 45% to €0.22. Total revenue grew 14% to €1.16 billion, bolstered by a 15% rise in organic software revenue, particularly in licenses (up 38%). The company raised its full-year guidance, now expecting revenue growth of 10%-11% and EPS growth of 23%-25%. Cash flow from operations also grew by 21%, totaling €1.03 billion for H1 2021, supporting a robust financial position.

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On July 27, 2021, Dassault Systèmes announced that the Boticário Group, the world's largest beauty franchise, has adopted its 3DEXPERIENCE platform to enhance the manufacturing of over 300 million products annually. This digital transformation aims to improve shop floor management at two Brazilian production plants, focusing on increased visibility, reduced inventory costs, and higher product quality. The initiative is part of Boticário's growth strategy, addressing manufacturing complexities while fostering competitiveness and regulatory compliance in the beauty industry.

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Dassault Systèmes reports the half-year statements for its liquidity contract with Oddo BHF SCA as of June 30, 2021. The liquidity account holds 74,424 shares and €17,702,359.64 in cash, compared to zero shares and €10 million in cash at inception on January 7, 2015. The liquidity contract was amended several times, augmenting cash resources to €20 million. From January to June 2021, 4,000 purchases and 4,058 sales of shares were executed, totaling 289,516 shares traded worth €53 million in purchases and €51.5 million in sales.

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Dassault Systèmes will publish its Q2 2021 and half-year results on July 27, 2021, concluding on June 30, 2021. The company, recognized as a leader in 3D design software and Product Lifecycle Management, will present earnings via a webcast at 10:00 AM Paris time and follow with a conference call at 09:00 AM New York time. Both sessions will be accessible live and archived on its investor website for one year. With over 20,000 employees and 290,000 customers globally, Dassault Systèmes remains committed to driving innovation.

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Dassault Systèmes announced the total number of outstanding shares and voting rights as of June 30, 2021. The company reported 265,924,182 outstanding shares and 398,048,077 voting rights. This calculation includes shares with suspended voting rights, as per the regulations by the Autorité des marchés financiers. Shareholders are advised to refer to the relevant articles for details on declaring crossing thresholds.

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FAQ

What is the current stock price of DASSAULT SYSTEMES SA ADR (DASTY)?

The current stock price of DASSAULT SYSTEMES SA ADR (DASTY) is $34.47 as of December 23, 2024.

What is the market cap of DASSAULT SYSTEMES SA ADR (DASTY)?

The market cap of DASSAULT SYSTEMES SA ADR (DASTY) is approximately 48.0B.

What does Dassault Systèmes do?

Dassault Systèmes provides virtual universes for sustainable innovations and offers solutions that revolutionize product design, production, and support.

How many customers does Dassault Systèmes serve?

Dassault Systèmes brings value to over 220,000 customers worldwide.

What are some of the key products of Dassault Systèmes?

Some of their key products include CATIA, SOLIDWORKS, ENOVIA, DELMIA, SIMULIA, and more.

In how many countries does Dassault Systèmes operate?

Dassault Systèmes operates in more than 140 countries globally.

What is the mission of Dassault Systèmes?

Dassault Systèmes aims to expand possibilities for the virtual world to improve the real world through their collaborative solutions.

What is the significance of the 3DEXPERIENCE platform?

The 3DEXPERIENCE platform is key to Dassault Systèmes' offerings, providing innovative software solutions for sustainable innovations.

Are there any specific industries that Dassault Systèmes focuses on?

Dassault Systèmes serves customers of all sizes across all industries, bringing value through their world-leading solutions.

What are the trademarks associated with Dassault Systèmes?

Some of the trademarks associated with Dassault Systèmes include 3DEXPERIENCE, CATIA, SOLIDWORKS, ENOVIA, and more.

How does Dassault Systèmes foster social innovation?

Dassault Systèmes fosters social innovation through their collaborative solutions that expand possibilities for the virtual world to positively impact the real world.

Where can I find more information about Dassault Systèmes?

For more information, visit www.3ds.com to explore Dassault Systèmes' innovative solutions and global impact.

DASSAULT SYSTEMES SA ADR

OTC:DASTY

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47.97B
1.31B
0.03%
Software - Application
Technology
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