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by Beth Stackpole, Contributing Editor
Posted on Friday, February 10, 2006 5:07:00 PM Sign Up to receive Daily News Alerts in your E-mail Inbox   | Abstract: | Double-digit revenue gains and strong sales of PDM software highlight year-end 2005 performance. |
Product lifecycle management (PLM) heavyweights Dassault Systemes and UGS Corp. closed out 2005 on a high note, both hitting the billion-dollar mark, enjoying double-digit revenue gains that surpassed the industry average as well as benefiting from healthy increases in sales of PDM (product data management) software. Dassault (Paris) capped off 2005 with GAAP (Generally Accepted Accounting Principles) revenue of €934.5 million (or $1.12 billion), a 17% increase over the €796.6 million logged in 2004. GAAP operating income for the year grew by 9% to €251 million (a 26.9% operating margin) compared to €229.8 million in 2004 (a 28.8% operating margin). Net profit on a GAAP basis was also up, with Dassault reporting a 12% gain over 2004 to €175.5 million. [Click to continue]  |
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