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Visma reports 17% sales growth in Q4

Published on
8/2/2024
Amended on
26/4/2024
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Visma reports sales growth of 17% in Q4 2023, reaching 651 million euros. With 1.7 million customers, the company, valued at 19 billion euros, achieved sales of 2.4 billion euros in 2023. The European leader in cloud software acquired Chaintrust, with co-investment fromAltaroc.
By
Damien Hélène
Damien Hélène
This article has been automatically translated. Please excuse any inaccuracies or translation errors.

Present in the Vintage Altaroc Odyssey 2023, Visma recorded 17% growth in sales in Q4 2023, reaching 651 million euros.

Valued at 19 billion euros, the company has also seen its customer base grow by 16% year-on-year, and now boasts 1.7 million customers in Europe and Latin America.

In 2023, Visma posted sales of €2.4 billion and EBITDA of €656 million.

Based in Norway, Visma has established itself as Europe's leading cloud software company, and has just completed the acquisition of French accounting automation and data entry specialist Chaintrust.

Altaroc also made a co-investment in the company, alongside Hg in its Vintage 2023.

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