(Boursier.com) — Dassault Systems rose 1.6% to 41.45 euros on Friday, while Bernstein adjusted the sights on the file from 38 to 39 euros with a notice of ‘market performance’. Invest Securities had previously confirmed its ‘neutral’ opinion with a target of 40 euros on the file, after the presentation of the group’s medium/long-term objectives and the announcement of a new managing director for 2024. software expects non-IFRS EPS of between 2.20 euros and 2.40 euros by 2028, twice as much as in 2022, when it was 1.13 euros…
Like many software vendors, the group is moving from a license-centric model, where customers pay for software upfront, to a subscription model, where payments are made at regular intervals. Proponents of this model say it allows companies to have a more predictable revenue stream, which makes it easier to plan and manage costs. “Dassault Systèmes should thus increase its addressable markets from 100 billion euros today to 1,000 billion euros in 2040”, declared in a press release Pascal Daloz, deputy general manager of the group.
The latter will be appointed Chief Executive Officer on January 1, 2024. He will replace Bernard Charlès, who will however retain his position as Chairman of the Board of Directors…
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