IT group Dassault Systemes raises 2012 sales target

French software design group Dassault Systemes raised on July 26 its 2012 sales target after posting a 22 percent jump in first-half profit to 156.4 million euros ($190 million). "We are very pleased with these results and we see a much larger potential over the coming years," Dassault Systemes president and chief executive Bernard Charles said in a statement.
Owing in part to its acquisition of the Canadian firm Gemcom Software International, Dassault Systemes sales in the first six months of the year jumped by 10 percent from the same period in 2011 to 965.3 million euros.
For the second quarter of 2012, the company sales gained 17 percent to 502.9 million euros, while its operating profit was 35.7 percent higher at 126.5 million euros.