Dassault Systèmes: 'A-' credit rating at S&P
(CercleFinance.com) - 3D Software publisher Dassault Systèmes announces that S&P Global Ratings has given it an "A-" long-term credit rating, with a "stable" outlook, given the robust risk profile of its businesses.
In particular, this profile reflects taking into account very high barriers to entry, a high degree of differentiation, thanks to 3DExperience, the company's constant innovation effort and its ability to withstand different business cycles.
Thibaud Lagache, Lead Analyst, S&P Global, said, "Dassault Systèmes' credit quality is supported by its strong balance sheet, financial flexibility, a prudent financial policy, its well-seasoned and stable management," who also points out and its supportive ownership structure.
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