3DEXPERIENCE VAR: organic growth of +13%
VISIATIV PLATFORM: like-for-like growth of +8%
SaaS revenue growth of +20%: shift to Cloud model
After returning to growth in Q1 2021, Visiativ picked up the pace in Q2 2021, with revenue of €47.9m, up 19%, of which 18% like-for-like vs Q2 2020 and +10% vs. Q2 2019. At the end of H1 2021, Visiativ's consolidated revenue therefore stood at €91.7m, up 11% (identical growth like-for-like) compared to Q2 2020, and up 8% compared to Q2 2019.
The 3DEXPERIENCE VAR division has been boosted by commercial success since the beginning of the year and strong corporate investment in France and abroad. The division posted interim growth of +18% ; compared to H1 2020 and +9% compared to H1 2019 before the health crisis. The Innovation Consulting business recorded further double-digit growth of 14% in H1 2021. The Software business (Moovapps) saw a +20% sales increase in subscription sales, sign of the shift towards the SaaS model.
Overall, recurrent revenue increased by 3% in the first half of the year, accounting for 63% of interim sales. Finally, the international business is still showing high growth of +17% (+18% like-for-like); and now represents 26% of the Group's interim sales.
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Visiativ SA published this content on 28 July 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 28 July 2021 16:03:11 UTC.