Press Office

Asseco Group once again managed to generate record-high sales revenues which exceeded PLN 7.2 billion in 2015, as well as operating profit which increased by 17% to the level of PLN 745 million. Another very successful year for Asseco Group is the effect of its profitable foreign investments, highly diversified customer portfolio, and continued development of own products and services. The Group’s results for 2015 were most favourably influenced by dynamic expansion of its business in foreign markets. Foreign operations accounted for 76% of the Group’s consolidated sales by generating nearly PLN 5.5 billion in revenues, which is PLN 932 million more than in the previous year. Furthermore, our foreign companies earned PLN 130 million more in operating profit than in 2014.
Proprietary software is the key revenue driver of Asseco. Such revenues reached PLN 5.8 billion, improving by 16% year on year and representing nearly 80% of our total sales. The Group’s operations are well diversified into geographical regions and sectors of the economy. The General Business sector contributed the most or 39% to the Group’s consolidated sales; it was followed by the Banking and Finance sector – 37%, and the Public Administration sector – 24%. During the year 2015, the Group companies signed a total of 9,000+ new contracts.
“2015 was the most prosperous year ever in the history of Asseco Group. Our sales revenues reached a record level of more than PLN 7.2 billion, reflecting an increase by PLN 1 billion in comparison with 2014,” said Adam Góral, President of the Management Board of Asseco Poland. “The growing share of foreign operations in our revenue structure confirms that, a few years ago, the Group adopted the right development strategy. We are also very interested in further expansion of Asseco in the Polish market, and therefore we will continue the process of optimizing our local organizational structure that has been initiated last year. In 2015, we signed several promising contracts in Poland and expanded cooperation with our existing customers. In the coming years, we look forward to engaging in new projects in the public sector, which is expected to receive financing for IT projects within the framework of new funds from the European Union,” he added.
Asseco Group is recognized as a major player on the international IT market. In 2015, Asseco reinforced its high 6th position among the largest European software vendors according to the prestigious Truffle 100 ranking. Moreover, the products of Asseco have been placed in reports published by the industry’s leading research firms, such as Gartner, Forrester, and CELENT.
Asseco Poland continues to build significant value for its shareholders. During the year 2015, the company’s shares appreciated by 12.6% and the Management Board recommended to pay a record-high dividend.
“Strong financial results of the Group enabled us to recommend the payment of a hefty dividend and to allocate as much as PLN 250 million for this purpose. Thanks to our continuing growth and improving financial performance, Asseco has already distributed more than PLN 1 billion in dividends to its shareholders,” commented Adam Góral, President of the Management Board of Asseco Poland.
The Management Board has recommended paying out a dividend of PLN 3.01 per share of Asseco Poland, which translates into a dividend yield of 5.3% (calculated on the share price as at the end of 2015).

“The development of Polish enterprises is impossible without a strong capital market,” said Adam Góral, President of Asseco Poland, who took part in the panel discussion. “Asseco Poland could not grow if the Polish stock exchange was not at hand. Thanks to the capital raised in the stock market, my company is able to operate on a global scale. The capital market offers an opportunity to build large businesses,” he added.The Conference of the Chamber of Brokerage Houses is one of the largest and most prestigious events in the Polish securities industry with the participation of top capital market experts. This year’s conference was a special event, because it was held in celebration of the 25th anniversary of the capital market in Poland and the 20th anniversary of the Chamber of Brokerage Houses.

The task of Asseco is to ensure uninterrupted operation and provide software modifications for the Archive system, which is the largest electronic document management system operated in Poland. It enables the implementation of uniform and standardized business processes that are involved in document handling across the entire organization of KRUS, allows for central archiving of paper documents, and enforces compliance with the applicable regulations. Furthermore, it contributes to a significant reduction of document management costs, while helping to reduce the average time of case processing.The Agricultural Social Insurance Fund (KRUS) is an institution providing social security services to Polish farmers in the scope of collection of insurance contributions, awarding and payment of cash benefits, including pensions as well as accident, sickness and maternity benefits.

The solution to be provided by Asseco will enable the inspection of season tickets that are saved on smart cards supported by the IT system “Migawka” (“Snapshot”) that is operated by the Municipal Transportation Company in Łódź. It will furthermore allow for checking the validity of single fare tickets that are distributed through mobile payment systems and the above-mentioned system.“With our solution, ticket inspectors will be able to read data from smart cards within a matter of just 3 seconds,” said Paweł Sokołowski, Product Manager, Asseco Poland S.A. “In addition, they will be able to send a penalty notice directly into the server of the payment recovery system as well as to print such notice on the spot, which is also very convenient for passengers,” he added.The scope of the project includes a 5-year lease and comprehensive service support of 100 mobile inspection devices as well as 100 portable printers. Asseco will also implement the software for ticket inspection and issuing of electronic penalty notices (mobile payment recovery system). The system will be fully compatible with the IT environment of the ordering party. The project is going to be completed over a period of 3 months. Moreover, Asseco will be responsible for the training of ticket inspectors and dispatchers.

Please, visit product page: http://cbp.asseco.com

Asseco Data Systems (ADS) has been built on the basis of expertise and many years of experience of six Polish subsidiaries of Asseco Group, namely ADH-Soft, CK Zeto Łódź, Combidata Poland, Z.U.I Otago, PI Zeto Bydgoszcz, and Unizeto Technologies. ADS is a provider of IT products and services, as well as ICT infrastructure solutions. The company’s key operating segments are enterprises and public administration institutions in the local market, therefore, apart from Gdynia, the company has business divisions in 9 other locations. ADS also provides IT systems dedicated to customers operating on the national level, such as leasing companies and financial institutions. Moreover, it is the largest provider of electronic signature services in Poland. The company’s operations include the management of electronic documents as well as mass print-out and e-mailing services. It is also a leading provider of training services and web-based platforms for human capital management and e-learning. Furthermore, ADS is engaged in the management of modern data processing centers. The company’s CEO is Andrzej Dopierała, an experienced manager and Vice President of the Management Board at Asseco Poland, the parent of Asseco Group. Asseco is the sixth largest software vendor in Europe and runs business operations in 54 countries worldwide.

“On the occasion of the 90th anniversary of our city, we often reiterate that Gdynia is traditionally modern. Thinking about the future, we do not forget about our great history. In the twenties of the last century, many courageous and enterprising people came here being ready to thrust themselves into the vortex of change, in order to build a modern city and port.  After more than nine decades, I am proud to admit that Gdynia is still an attractive place for business, offering new jobs for outstanding professionals, and that companies such as Asseco – which has operated at various levels in this city for many years – are still able to develop new initiatives,” emphasized Wojciech Szczurek, President of Gdynia.

“Gdynia is a modern city, offering attractive opportunities for business. We are able to experience that on a daily basis, because Asseco Poland teams have worked here for years. I am very pleased that the expansion of Asseco Data Systems, our youngest Polish subsidiary, is going to start in this place,” commented Adam Góral, President of Asseco Poland.

“We managed to incorporate unique competence of experts and specialists into one company. We presently employ nearly 700 persons, of which 65 in Gdynia. Until the summer vacation, we plan to have a total of more than 1,000 people working at all of our 10 locations. Building on this potential will allow us to become a reliable partner in the creation, development and maintenance of IT systems and infrastructure,” said Andrzej Dopierała, President of Asseco Data Systems S.A. “With such a headcount and revenues exceeding PLN 400 million, we can safely claim to be one of the leading IT players in Poland,” he added.

The main purpose of building ADS is to create better business growth opportunities for companies that used to operate separately. This will allow them to gain bigger contracts and raise additional capital to finance their investment projects. The company will also benefit from the significant brand awareness and well-established market position of Asseco. The large scale operations of ADS will also translate into its stronger standing within the whole Asseco Group. The company will closely cooperate with other subsidiaries of the Group, operating both in Poland and abroad. The offering of ADS already includes several products that are distributed internationally, and we want to expand our exports with the assistance of Asseco’s foreign operations.