DASTY - Dassault Systemes: Q4 Hits Upper-End Of The Guidance - Organic Growth Weaker
Dassault Systèmes (OTCPK:DASTY, [ETR: DSY]) has released its Q4 financial figures on February 6. The top line growth hit the upper end of the guidance with profitability in line with the guidance and our/market expectations.
Following the results, the stock reaction was rather mixed up by +1.3% while subsequently closing at -2%. For 2020, the management expects some moderate growth acceleration, which should be largely back-end loaded, as uncertainty in China as well as tough comparables potentially burdening Q1/H1 growth. In line with our expectations, the management expects some moderate margin decline on