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Asseco group exceeds PLN 6.2 bilion in sales revenues for 2014

Asseco Group closed the year 2014 with record-high revenues and improved its key financial ratios. The Group’s sales increased by over PLN 450 million or 8% year on year, to the level of PLN 6.2 billion, the highest in its history. Operating profit reached PLN 637 million, while net profit attributable to shareholders of the parent company amounted to PLN 358 million. Sales of proprietary software and services, which are key for the company’s development, were more than PLN 5 billion.

In 2014, Asseco Group generated record-breaking sales revenues, for the first time exceeding the level of PLN 6 billion. Net profit attributable to shareholders of the parent company reached PLN 358 million, improving by 17% year on year. Such a strong financial performance of Asseco is the effect of its successful foreign investments, highly diversified customer portfolio and continued development of own products and services.


The Group’s results for 2014 were favourably influenced by its foreign market operations, which accounted for 73% of consolidated sales. Proprietary software is the key revenue driver of Asseco. Such revenues reached PLN 5 billion, improving by 8% year on year and representing 80% of total turnover. The Group’s operations are well diversified into geographical regions and sectors of the economy. The general business sector generated 40% of our revenues, banking and finance – 36%, and public administration – 24%. Last year, the Group companies signed a total of 6700 new contracts.


“The year 2014 was very successful for Asseco Group. For the first time in the history, our revenues reached such a high level. It is worth noting that we managed to generate several hundred million more in sales than a year ago,” commented Adam Góral, President of the Management Board of Asseco Poland. “The growing share of foreign operations in our revenue structure confirms the Group adopted the right development strategy. Let’s not forget about Poland, where we have gained new significant contracts and expanded our cooperation with existing clients,” he added.


Asseco Group has been recognized as a major player on the international IT market. In 2014, Asseco maintained its high 6th position among the largest European software vendors according to the Truffle100 ranking and was the fastest growing producer of software in the top 10. Moreover, the products of Asseco have been included in reports published by the industry’s key research firms, such as Gartner, Forrester, or CELENT.


Asseco Poland continues to build significant value for its shareholders. Over a year’s time, the price of the company’s shares surged by 17.5% and the Management Board recommended to pay out a hefty dividend.


“Thanks to the consistent improvement of our financial results, we were able to recommend the payment of a record-high dividend and allocate as much as PLN 241 million for this purpose. During the last five years alone, Asseco distributed more than PLN 830 million in dividends to the company’s shareholders,” said Adam Góral, President of Asseco Poland.


The total amount of cash dividend proposed by the Management Board translates into PLN 2.90 per each share of Asseco Poland, resulting in a dividend yield of 6.3%.

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  1. Administratorem Pani/Pana danych jest Asseco Poland S.A. z siedzibą w Rzeszowie przy ul. Olchowej 14, 35-322 Rzeszów (administrator).
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