Visma stays on growth track and expands European presence
Visma increased revenue by 20 percent in the third quarter, with especially strong growth in SaaS products. Divestment of non-core assets and strong M&A activity support accelerated growth in core software business and geographical expansion. Visma achieved revenue of EUR 533 million in the third quarter, an increase of 20 percent compared to the same period last year. EBITDA was EUR 173 million, up 12 percent from Q3 21. The figures are adjusted for the divestment of Visma’s IT consulting business, previously a part of Visma Custom Solutions, which was completed at the end of Q3 22. “