Strong Software Revenue Growth
Software revenue accelerated to 9% in Q4, driven by a 13% increase in new business and a 22% rise in 3DEXPERIENCE. EPS grew by 11%.
Major Contract Wins
Significant contracts were signed with Volkswagen Group and Lockheed Martin Group, including competitive displacements and expansions into manufacturing and cloud solutions.
Increased Recurring Revenue
Subscription revenue grew by 10%, excluding MEDIDATA, it grew 20%, with the share of recurring revenue reaching 80% of software revenue.
Geographic Growth
Europe showed strong growth with a 14% increase in Q4, driven by large deals in Aerospace & Defense and Home & Lifestyle.
Strong Cash Flow
Operating cash flow increased by 6% to EUR1.66 billion, with cash and cash equivalents totaling EUR3.953 billion at year-end.