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Financial results of Asseco Group for 2013

In 2013, Asseco Group generated PLN 5.5 billion in sales revenues. Operating profit reached PLN 611 million, while net profit attributable to shareholders of the parent company PLN 394 million.

In 2013, Asseco Group generated PLN 5.5 billion in sales revenues. Operating profit reached PLN 611 million, while net profit attributable to shareholders of the parent company PLN 394 million. Revenues from proprietary software and services increased by 7 percent to the level of PLN 4.5 billion.

Sales revenues reached PLN 5,898 million, improving by 7% as compared with 2012. Asseco Group earned PLN 394 million in net profit attributable to shareholders of the parent company. Asseco consistently pursued its strategy to boost financial results by promoting sales of its proprietary IT solutions. In 2013, revenues from proprietary software and services reached PLN 4,474 million and they accounted for 76% of our total sales. Sales revenues were well diversified among our individual target sectors: Enterprises – 40%, Banking and Finance – 34%, and Public Administration – 24%. Last year the Group companies signed a total of 4500 contracts, which confirms broad diversification of our client portfolio.

During the analyzed period, Asseco Group effectively pursued its development strategy by taking over further companies and expanding its business into new countries. In 2013, the Group launched its operations in the Russian market, where it successfully completed the acquisition of R-Style Softlab. Concurrently, we also entered the Georgian market by acquiring Onyx Consulting, which was subsequently renamed as Asseco Georgia. Among our international successes, particularly noteworthy are the record results posted by our Israeli companies – Magic and Sapiens. Financial markets highly appreciated the achievements of these companies and their stock market capitalizations in the U.S. reached the highest levels in two years. The strong position of Asseco Group is also supported by successfully implemented large projects and favourable outcome of tendering procedures, which resulted in the signing of long-term maintenance contracts with the Group’s key clients. Our order backlog for 2014 has already reached PLN 3.9 billion.

Consistently and effectively implemented development strategy of the Group contributed to reinforcing Asseco’s position on the European IT market in 2013. As the only Polish IT group, Asseco ranked in the top ten of the largest software vendors in Europe, taking the high, sixth place in the Truffle 100 ranking.

The Group’s plans for 2014 assume further expansion in international markets. Concurrently, Asseco will continue to focus on the business where it has a strong competitive advantage – the production of its own state-of-the-art IT solutions for the major sectors of the economy.

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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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