Report
Nicolas Thorez

Visiativ : Q4 sales in line. Visiativ heading in the right direction and in line with its 2028 ambitions, with the balance largely intact

>Q4 2023 sales above € 100m, with growth of 3% including -2% org. (in line) - Visiativ yesterday evening reported good-quality Q4 sales of € 104.1m (vs ODDO BHF € 103.6m), in line with our expectations (but just above 3% better than the consensus). This gives Q4 growth of 3% reported and -2% in organic terms. To recap, this negative organic growth continues to be driven by the shift in the model to subscriptions. This transition naturally means a decline of 5% in orga...
Underlying
Visiativ SA

Visiativ SA. Visiativ SA is a France-based company engaged in the information technology (IT) consulting and other services. The Company offers integration services for various enterprises, active in the fields of industry, retail and services. Its portfolio of solutions includes Aeronautics & Defense, Consumers goods, Industrial equipment, Transport & mobility, Life sciences, High technologies, Finance & services and Engineering & construction, among others. Visiativ SA operates through NC2 Network Computer Communication SASU (NC2), a Tour De Salvagny-based provider of data processing and hosting services and Solo Solution Autonome SAS, a Guilherand-Granges-based provider of computer systems design services.

Provider
Oddo BHF
Oddo BHF

​Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.

Analysts
Nicolas Thorez

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