Press release

  • 3DEXPERIENCE VAR: organic growth of 17%
  • VISIATIV PLATFORM: 16% growth in SaaS subscriptions
  • 67% recurring revenue in 2021, up 7%

Visiativ reported a strong Q4 2021 performance, generating record consolidated revenue of €80.6 million, up 13%, including +14% lfl. At the end of FY 2021, Visativ's consolidated revenue came to €214.4 million, up 13% (+12% in organic terms) versus FY 2020.

This also reflected growth of 6% versus FY 2019. The Group exceeded its full-year guidance to restore 2019 pre-crisis levels in 2021.

Strong trends in the 3DEXPERIENCE VAR division were confirmed in Q4, bringing full-year growth to 19% (+17% in organic terms). This performance was the result of an intense commercial drive in a market boosted by recovery and savings plans and corporate investment. The VISIATIV PLATFORM division reported full-year growth of 3% (+5% in organic terms), with 9% growth for the Innovation Consulting business and 7% for the Software activity (Moovapps), which returned to double-digit growth (+13%) in Q4.

For the first 9 months of FY 2021, recurring revenue was up 7%, representing 67% of business. Noteworthy was the increased contribution from SaaS sales (subscriptions) which were up 16% in 2021. International sales were particularly strong, up 18% over 9 months (+16% lfl), and now account for 16% of full-year Group revenue.

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Visiativ SA published this content on 26 January 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 26 January 2022 17:06:10 UTC.