“The entire industry is discovering the power of digital twins”

by time news

2024-02-02 07:57:07

The new CEO of Dassault Systèmes, Pascal Daloz, October 25, 2023, in London. Chris Ratcliffe/Bloomberg

The French software publisher experienced its worst stock market sanction in ten years, despite achieving all its objectives in 2023. Its new general director, Pascal Daloz, shows his confidence for 2024.

Pascal Daloz will remember his baptism of fire. For the publication of his first annual results at the head of Dassault Systèmes*, the new general director of the French software publisher had an eventful day on Thursday, marked by a fall in the stock market price of more than 10%. Ten years since the action had seen such a sanction. According to Pascal Daloz, the contract was more than fulfilled, with turnover growth of 9% over the year, to 5.9 billion euros, and earnings per share of 1.20 euros, in increase of 12%. « We are completing our 2018-2023 five-year plan with a doubling of earnings per share, as we promised. In the meantime, there was the pandemic, the conflict between Russia and Ukraine, the Israel-Hamas war, which impacted us »recalls the leader.

The boss of the specialist in 3D design and digital twins, which he deploys for his numerous clients in the manufacturing industry, health as well as for…

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