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Visma delivers impressive 24,5% top-line growth in the second quarter of 2021

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Visma delivers impressive 24,5% top-line growth in the second quarter of 2021

Total revenue for the quarter was EUR 520 million, while EBITDA increased 23,2% to EUR 140 million.

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Steady growth in all business areas

Visma’s core business areas grew substantially compared to Q2 of 2020. Visma Nordics grew by 23%; Visma Benelux by 20%; Visma Custom Solutions by 27%; and Visma’s geographical expansion areas in Central and Eastern Europe and Latin America by an impressive 71%.


Notable milestones

Visma reached an Annualized Repeatable Revenue of EUR 1 534 million, an increase of 21,4% compared to one year ago. Visma also grew 36,5% in cloud customer contracts year over year, and now serves 1 100 000 customers.

Revenues from cloud subscriptions and transactions continue to be Visma’s primary growth driver, increasing 36,2% year over year to EUR 274 million during the quarter.

Strong acquisition activity

Visma welcomed 12 new companies to the Visma family in Q2, most notably the fast-growing Holded, which offers ERP solutions in the Spanish market. In Romania, Visma expanded its offering by acquiring Keez, provider of a Solutions as a Service platform for payroll and accounting customers.

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Visma is a leading provider of mission-critical business software for a more efficient and resilient society. By simplifying and automating the work of companies and organisations of all sizes, we improve people's everyday lives. With 13,600 employees, 1,100,000 private and public sector customers across the Nordics, Benelux, Central and Eastern Europe and Latin America, and net revenue of €1,741 million in 2020, we are committed to making tomorrow better than today. Visit us at visma.com.

Press contacts

Aase Settevik

Aase Settevik

Press contact Director of Brand & Communication +47 920 49 559

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Shaping the future of society through technology

Visma is a leading provider of mission-critical business software for a more efficient and resilient society. By simplifying and automating the work of companies and organisations of all sizes, we improve people's everyday lives. With 14,000 employees, 1,135,000 private and public sector customers across the Nordics, Benelux, Central and Eastern Europe and Latin America, and net revenue of €1,741 million in 2020, we are committed to making tomorrow better than today. Visit us at visma.com.