Q1 results are in: Visma’s revenue increases 27% as cloud software keeps businesses running remotely
Q1 2020 was another productive quarter for Visma. Total revenue grew 26,9 percent to reach NOK 4 400 million, while EBITDA increased 31,0 percent to NOK 1 147 million.
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Growth continues in new division structure
Visma’s new division structure was implemented in Q1, combining the former SMB and Enterprise divisions into two strong geographically based divisions, Visma Software Nordic & International and Visma Software Benelux. In addition, the product and development