Dassault Systemes reports first-quarter revenue in line with estimates

April 23 (Reuters) - French ‌software maker ​Dassault ​Systemes on Thursday reported first-quarter revenue of 1.51 billion euros ($1.77 billion), in line ‌with estimates, helped by strong demand for its ⁠3DExperience and Cloud businesses.

Hit by a prolonged slowdown in ‌the global auto industry, ‌Dassault Systemes, which provides software to automakers, plane manufacturers and industrial firms, is increasingly tapping augmented ​AI and data centers to drive growth.

Its flagship software platform 3DExperience offers 3D modelling, data ⁠management and project management tools.

Overall group revenue rose 3% on a ​constant-currency basis from a year earlier, while operating margin came in at 30.3%.

"Europe saw ​healthy growth this quarter, broad ‌data across regions, with strong contributions from consumer-centric industries", group CFO Rouven ⁠Bergmann told reporters.

He said Dassault's offerings in product lifecycle management were growing faster in sectors such as food ⁠and beverage, and retail, with clients including Amazon and Ferrero.

The ​group in February had forecast total quarterly revenue between 1.48 and 1.54 billion euros and an operating margin of ‌29.2%-30.7%.

On Thursday, it confirmed its full-year outlook for sales of 6.29 and ‌6.41 billion euros, an operating margin of 32.2% ⁠to 32.6%, and earnings ‌per share of ​1.30 to 1.34 euros.

($1 = 0.8548 euros)

(Reporting by Alessandro Parodi in Gdansk, editing by Sonia ‌Cheema)

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