Lyon, 28 January 2020 – 6.00 pm. The Visiativ Group, a designer of digital platforms for corporate transformation, is listed on Euronext Growth Paris (ISIN: FR0004029478 – ticker: ALVIV).
Visiativ posted 2019 consolidated revenues of €203.2 million, up 25% (up 7% like-for-like).
The Group has therefore achieved the €200 million revenue target set out in the Next100 strategic plan launched in 2017 one year ahead of schedule.
2020 is the first year of the new CATALYST 2023 strategic plan, which aims to consolidate Visiativ's position as a strategic partner for accelerating corporate innovation and transformation focusing on five strategic areas: renewed operational organization, strengthened governance, an financial target of €30 million EBITDA by 2023, an innovative HR strategy and strong CSR commitments.
Consolidated 12-month revenues – Unaudited data
|€m - Data at 31/12||2018
|o/w recurring revenues||97.7||127.1||+30%||+9%|
|% recurring revenues||60%||63%|
|Integration - Dassault Systèmes||108.6||126.2||+16%||+2%|
|Integration – Business Development||9.8||12.9||+31%||+27%|
Visiativ posted Q4 2019 consolidated revenues of €76.3 million, up 12% including 5% like-for-like growth1.
Full-year consolidated revenues totalled €203.2 million, exceeding the €200 million target which the Group expected to achieve in 2019. Overall growth came out at 25% for the year, combining like-for-like growth1 (7%) and the consolidation impact of acquisitions.
In 2019, Visiativ generated international revenues of €48.2 million, up 126% (up 20% like-for-like) and accounting for 24% of Group consolidated revenues (versus 13% in 2018).
2019 revenues by division
Recurring revenues (maintenance, SaaS, subscriptions) rose 30% in 2019 (up 9% like-for-like) and accounted for 63% of consolidated sales (versus 60% last year).
2019 profit growth target confirmed
After a brisk second half performance Visiativ has significantly exceeded its annual consolidated revenue target of €200 million.
This performance allows the group to confirm the EBITDA growth target for the year 2019 as a whole.
To coincide with the publication of 2019 full-year results in mid-March 2020, the Group will provide more information on the priority areas of the CATALYST 2023 strategic plan, including the profit growth drivers earmarked to generate EBITDA of €30 million by 2023.
These dates have yet to be confirmed and may be subject to change if necessary. All publications will be issued after close of trading on Euronext Paris.
A true platform of human and digital experiences, Visiativ is a global player with multiple areas of expertise (consulting, software editing and integration, platform creation, IT outsourcing). Through its unique value proposition, it helps accelerate companies' innovation and digital transformation. Working with mid-caps since its foundation in 1987, the Visiativ Group posted 2019 revenues of €203 million and boasts a diverse portfolio of over 18,000 customers. Covering all of France's business hubs and with operations worldwide (Belgium, Brazil, Canada, USA, the Netherlands, Luxembourg, Morocco, UK and Switzerland), Visiativ has over 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 investment funds, thanks to its status as an “innovative business” recognised by Bpifrance.
For further information, visit www.visiativ.com
Tel.: +33 (0)4 78 87 29 29
Tel.: +33 (0)1 53 67 36 92
Tel.: +33 (0)4 72 18 04 92
Q4 consolidated revenues – unaudited data
|€m||Q4 2018||Q4 2019||Change||LFL growth1|
|o/w recurring revenues||43.4||50.7||+17%||+9%|
|% recurring revenues||64%||66%|
|Integration - Dassault Systèmes||48.4||50.9||+5%||-1%|
|Integration – Business Development||2.7||4.7||+70%||+70%|
1 Growth at constant consolidation scope adjusted for the consolidation of ABGI Group (01/04/2018), Valla (01/04/2018), Innova Systems (01/07/2018), Audros Technology (01/07/2018), Dimensions Group (01/12/2018), ABGI UK (former Jumpstart) (01/01/2019), CCSL (01/07/2019) and Living Actor (01/12/2019).
- Information on annual revenues
Full and original press release in PDF: https://www.actusnews.com/news/61893-visiativ-pr-turn-over-2019-20200128-en.pdf