Lyon, 4 November 2019 – 6.00 pm. The Visiativ Group, a publisher and integrator of innovative software platforms, is listed on Euronext Growth Paris (FR0004029478, ALVIV).
Nine-month consolidated revenues came to €126.9 million, up 7% like-for-like and up 33% including recent acquisitions.
At the end of Q3 2019, Visiativ is confirming its 2019 full-year revenue target of over €200 million.
Consolidated 9-month revenues – Unaudited data
|o/w recurring revenues||54.3||76.4||+41%||+10%|
|% recurring revenues||57%||60%||+3pp|
|Integration - Dassault Systèmes||60.2||75.3||+25%||+4%|
|Integration – Business Development||7.1||8.2||+16%||+10%|
Q3 business review:
Boosted by new business, recurring revenues (maintenance, SaaS, subscriptions) rose 10% like-for-like and accounted for 60% of consolidated sales for the first 9 months of 2019, compared to 57% last year.
The international share of consolidated revenues (€29 million) increased to 23%, driven by new acquisitions and rapid organic growth in these new markets.
Confirmation of 2019 targets
The strong Q3 performance generated by Visiativ's three core business lines confirms the Group's expectations of achieving its full-year consolidated revenue target of over €200 million.
To reach this goal the Group will have a record a strong fourth quarter, historically the peak sales period of the year.
Visiativ remains confident that 2019 will be another year of profitable growth for the full year.
This date is provisional and may be changed if necessary. Publication will take place after close of trading on Euronext Paris.
Integrator of innovative software solutions, Visiativ steps up the digital transformation of companies via its collaborative and social business platform and innovation consultancy offer. Working with mid-caps since its foundation in 1987, the Visiativ Group posted 2018 revenues of €163m and boasts a diverse portfolio of over 18,000 customers. Covering every economic sector in France and with operations in international (Belgium, Brazil, Canada, Luxembourg, Morocco, the Netherlands, UK, USA and Switzerland), Visiativ has nearly 1,000 employees. The Visiativ share (ISIN code FR0004029478, ALVIV) is listed on Euronext Growth Paris. The share is eligible for the PEA and PEA-PME personal equity plans and FCPI/FIP investments funds, thanks to its status as an “innovative business” recognised by Bpifrance.
For further information, visit www.visiativ.com
Lydia JOUVAL / Eléonore DUFOUR
Tel.: +33 (0)4 78 87 29 29
|INVESTOR / MEDIA RELATIONS
Théo MARTIN / Serena BONI
Tel.: +33 (0)1 53 67 36 75 / +33 (0)4 72 18 04 92
 Growth at constant consolidation scope adjusted for the consolidation of ABGI Group (01/04/18), Valla (01/04/18), Innova Systems (01/07/18), Audros Technology (01/07/18), Dimensions Group (01/12/2018), ABGI UK (former Jumpstart) (01/01/2019) and CCSL (01/07/2019).