- Growth of +5% for the VISIATIV PLATFORM division (+1% in organic growth)
- An increase of +12% in international sales (+6% in organic growth)
- Share of recurrent revenues rose to 67% of total revenues
Over the first half of 2020, consolidated revenues amounted to €82.6 million, down slightly by -3% (-5% in organic growth). The 3DEXPERIENCE VAR (Value-added reseller) division was penalised primarily by the delay of investment decisions in France, while the VISIATIV PLATFORM division recorded growth in H1, driven notably by the Consulting and Business Development activities.
Visiativ posted consolidated Q2 2020 revenues of €40.3 million, reflecting a decrease of -7% (-9% like-for-like at constant consolidation scope and exchange rates). In a difficult context marked by the pandemic and its consequences on public health, the smooth implementation of the business continuity plan allowed the Group to limit the impact of the quarantine measures on its activity.
On the international scale, business recorded a solid H1 performance (+12% of which +6% in organic growth) and represents a quarter of the Group’s activity at the end of H1.