In the fourth quarter to December 31, net income rose 13.3% to 78.2m euros ($101.8m) on revenue 13.4% higher at 349.4m euros ($455m). For the year, net income rose 2.4% to 179.8m euros on revenue that increased 23.9% to 1.1bn euros ($1.5bn).
Dassault said it gained two points of market share last year and has won 10 points over the last five years. The Paris, France-based company has been extremely acquisitive and last year’s results benefited from the March 2006 $408m purchase of MatrixOne Inc and the May 2005 $413m acquisition of simulation software vendor Abaqus Inc.
CFO Thibault de Tersant said the company is increasing its 2007 revenue growth objective to 12% to 13% from its original 11% to 12% constant currencies objective. He said this would lead to revenue in the range of 1.29bn euros to 1.3bn euros ($1.68bn to $1.69bn) while earnings per share would rise by 9% to 12%.
For the first quarter, typically the smallest quarter of the year, Dassault said it expects revenue of 282m to 287m euros ($367m to $373.8m), a 32% increase.
