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Business & Finance

Visma First-Half Annualized Revenue Rises 19% as Customer Base Surges

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Visma First-Half Annualized Revenue Rises 19% as Customer Base Surges Norwegian business software provider Visma reported adjusted revenue growing by almost a fifth in the first half, helped by a jump in its customer base. Annualized repeatable revenue rose 19% year-on-year to €3.1 billion ($3.6 billion), according to a statement on Tuesday. Its adjusted earnings before interest, tax, depreciation and amortization gained by the same margin to €547 million.

Visma First-Half Annualized Revenue Rises 19% as Customer Base Surges Norwegian business software provider Visma reported adjusted revenue growing by almost a fifth in the first half, helped by a jump in its customer base. Annualized repeatable revenue rose 19% year-on-year to €3.1 billion ($3.6 billion), according to a statement on Tuesday. Its adjusted earnings before interest, tax, depreciation and amortization gained by the same margin to €547 million.
Customer Base (ORG) Norwegian (ORG) Visma (ORG)
Originally published by Bloomberg Technology Read original →