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27.01.2000

Results, fourth quarter 1999



Visma’s pre-tax profit rises 89%.
Visma’s pre-tax profit totalled NOK 37.8 million in 1999, compared with NOK 20.5 million the previous year. Sales increased by 14% from NOK 289 million to NOK 330 million. The company showed especially strong growth in the fourth quarter, with total sales of NOK 108.6 million, compared with NOK 74.5 million in 1998. Operating profit for 1999 amounted to NOK 33.7 million.
Ergosoft and Sama were consolidated with Visma from 1 October 1999, and Marinor from 1 November 1999. These acquired operations contributed NOK 20 million to sales in the fourth quarter.
After two years of consolidation, Visma is now moving into a phase of stronger growth. This will be both organic and through acquisitions. Together with the presentation of its results, the company will present a number of new WAP (Wireless Application Protocol) and Web-based products.

For table, follow the enclosed link.

Results for 1999



For further information, please contact:
Øystein Moan, CEO, Visma ASA
Tore Bjerkan, Financial Director, Visma ASA