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Dassault Systèmes raises 2026 growth target

Dassault Systèmes raises 2026 growth target
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Dassault Systèmes raises 2026 growth target Oct 28 - Software maker Dassault Systemes on Wednesday raised its 2026 revenue growth target to 4-5 per cent from 3-5 per cent, 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. The company, which completed its $1.8 billion purchase of life-sciences software maker ArisGlobal in September,...

Dassault Systèmes raises 2026 growth target Oct 28 - Software maker Dassault Systemes on Wednesday raised its 2026 revenue growth target to 4-5 per cent from 3-5 per cent, 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. 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. ($1 = 0.8981 euros)
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Originally published by Channel News Asia Read original →