A historical page turns on Dassault Systèmes. Charles Edelstenne should decide to hand over to the head of the Dassault group’s digital flagship board. Reached the age limit on January 9, 2023 (85 years old), the strong man of the Industrial Group Marcel Dassault (GIMD) is one of the two founders of this “startup” created in the 80’s (1981) to market computer-aided design software, CATIA. Software originally developed for the needs of Dassault Aviation, manufacturer Mirage, Rafale and Falcon (business jets). To support this project, Marcel Dassault then asked Charles Edelstenne to invest in the company as well. At the end of 2021, the latter owned 5.96% of the capital of Dassault Systèmes, which is currently valued at more than 53 billion euros, while GIMD owned 40.18%.
Today, billionaire Charles Edelstenne, who has been in charge of GIMD for two years since January 2023, will never be far from Dassault Systèmes. On his birthday he will become honorary president and remain director. In addition, he gives the baton to a very close friend, Bernard Charlès (65), who will become CEO of the group next January and who has been with his mentor for more than 35 years as CEO (since 1995) and Vice President of the Board (since 2016). “It was the driving force behind major transformations that marked the industry and allowed the company to grow.”, Charles Edelstenne underlined for Bernard Charlès. Finally, the Board of Directors of Dassault Systèmes appointed Pascal Daloz as Deputy Chief Executive Officer from January 9, 2023. In 2020, he was appointed Deputy Chief Executive Officer in charge of Operations and Finance.
“Our work as a duo for almost two generations has allowed us to learn from each other and appreciate this clash of ideas from which we were able to develop Dassault Systèmes on a global scale. My intention is to apply the same school to the duo that “I’ve already formed with Pascal Daloz for more than 20 years,” explained Bernard Charlès.
Dassault Systèmes raises its results
The French software giant (4.86 billion euros in turnover in 2021) also slightly increased its profit forecasts for 2022. The group, which suspended its operations in Russia after the start of the invasion of Ukraine (less than 0 , 5% of its activity), stressed on Wednesday that this effect more than offset the good operating results and the favorable exchange rate effect. As a result, earnings per share, a key indicator, should increase by 9% to 11% over the year, compared to an increase of between 3% and 6% previously forecast, according to a press release.
The forecast for revenue growth remains the same, between + 9% and + 10%. The operating margin forecast has been revised upwards, to be in the range between 33.4% and 33.7%. In the first quarter, Dassault Systèmes’ turnover increased by 8% to 1.32 billion euros and net profit increased by 20% to 362.3 million euros.