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    DSY   FR0014003TT8

DASSAULT SYSTÈMES SE

(DSY)
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Dassault Systemes : Boticário Group Digitally Transforms the Manufacturing of 300 Million Products a Year with Dassault Systemes

07/28/2021 | 05:14am EDT

VELIZY-VILLACOUBLAY, France - Dassault Systemes (Euronext Paris: FR0014003TT8, DSY.PA) announced that Boticário Group, the world's largest beauty franchise with over 4,000 points of sale in Brazil and more than fifteen countries, has selected the 3DEXPERIENCE platform to digitally transform the manufacturing of more than 300 million products per year sold under its consumer brands like O Boticário, Eudora, quem disse, berenice?, and Vult.

Boticário Group will use the "Perfect Production" industry solution experience based on the 3DEXPERIENCE platform to improve the shop floor management of its manufacturing operations and accelerate the manufacturing process at its two production plants in Brazil. Increased visibility and control will reduce inventory costs and defects and ensure regulatory compliance. These gains in quality and efficiency will support the company's competitiveness.

"The first step in our growth strategy is to integrate manufacturing processes and improve operations with real-time monitoring and traceability. We saw Dassault Systemes' success with other companies in our industry and the broader value that the 3DEXPERIENCE platform could bring to our business as our strategy matures, and made the right choice," said Leandro Balena, Industrial Director, Boticário Group.

"Boticário Group identified the need to better orchestrate its manufacturing know-how to create long-term value - a key element of today's Industry Renaissance," said Philippe Loeb, Vice President, Consumer Packaged Goods & Retail Industry, Dassault Systemes. "The 3DEXPERIENCE platform offers a new approach for CPG and retail companies to address the manufacturing complexities that lead to costly delays in new product introductions, irregular product supply and idle inventories affecting brand integrity and the consumer shopping experience."

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(C) 2021 M2 COMMUNICATIONS, source M2 PressWIRE

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Financials
Sales 2021 4 807 M 5 636 M 5 636 M
Net income 2021 758 M 889 M 889 M
Net Debt 2021 970 M 1 137 M 1 137 M
P/E ratio 2021 86,7x
Yield 2021 0,33%
Capitalization 65 784 M 77 220 M 77 131 M
EV / Sales 2021 13,9x
EV / Sales 2022 12,4x
Nbr of Employees 20 000
Free-Float 50,0%
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Income Statement Evolution
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Mean consensus HOLD
Number of Analysts 22
Last Close Price 50,01 €
Average target price 46,38 €
Spread / Average Target -7,26%
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Managers and Directors
Bernard Charlès Vice Chairman & Chief Executive Officer
Dominique Florack President
Pascal Daloz Chief Operating & Financial Officer
Charles Edelstenne Chairman
Laurence Barthès Executive VP, Chief People & Information Officer
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