By Mauro Orru


Dassault Systemes SE on Thursday said it is on track to hit its 2024 earnings-per-share target and cash in on what the company called significant long-term growth opportunities.

The French software maker said it aims to achieve a non-IFRS EPS of 1.20 euros ($1.25) in 2024, as more customers turn to the cloud.

"Our customers are choosing cloud to accelerate innovation, speed of execution and to advance new business models. This trend is also becoming a catalyst to progressively transform Dassault Systemes," Chief Financial Officer Rouven Bergmann said.

Chief Operating Officer Pascal Daloz said the company has significant room to grow, citing a potential EUR100 billion market.


Write to Mauro Orru at mauro.orru@wsj.com; @MauroOrru94


(END) Dow Jones Newswires

06-16-22 0144ET