Visma AS 2016 Annual Report with Sustainability Disclosures
Company: Visma AS
Sector: Media & publishing
Country: Norway
Year: 2016
Type: Annual Report with Sustainability Disclosures
Pages: 121
The report describes a strong 2016, with group revenue rising 21.1% to NOK 7,855 million and EBITDA increasing 27.2%. Visma divested its BPO division and continued to prioritize SaaS and cloud products, allocating over 60% of R&D spend to them. SaaS products and related services generated NOK 2,703 million in revenue, while the group ended the year with 5,493 employees.
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