Revenue up +13% at the end of September 2021
- 3DEXPERIENCE VAR: +19%, of which +16% organic
- VISIATIV PLATFORM: up +6% at constant scope and exchange rates
- Recurring revenue up +5%, of which +13% for SaaS subscriptions
Visiativ maintained a sustained pace of growth in Q3 2021, generating consolidated revenue of €42.1m, up +16%, of which +15% at constant scope and exchange rates, versus Q3 2020. Over the first nine months, Visiativ’s consolidated revenue came in at €133.8m, an increase of +13% (+12% organic1) versus the same period in 2020, and up +5% versus the first nine months of 2019, i.e. before the health crisis.
In line with Q2, the 3DEXPERIENCE VAR division enjoyed buoyant growth in the wake of solid commercial success underpinned by dynamic corporate investment trends. The division’s growth over the first nine months now stands at +19% (+16% organic1).
For its part, the VISIATIV PLATFORM division achieved growth of +4% over nine months (+6% organic1), with double-digit growth for Innovation consulting (+16%) and +4% for Software (Moovapps), with sales in SaaS mode up +13% since the start of the year. For the first nine months of FY 2021, recurring revenue was up +5%, representing 63% of business. International sales were particularly strong, up +22% over nine months (+19% at constant scope and exchange rates), and now account for 27% of the Group’s revenues.