For the purpose of assessing the financial and business position of Asseco, the key information is the basic data published on a non-IFRS basis, supplementing the data reported in accordance with IFRS*. In the first quarter, non-IFRS operating profit amounted to PLN 281 million and was higher by 19%, while non-IFRS net profit increased by 10% to PLN 90 million.
, said Rafał Kozłowski, Vice President of the Management Board, Asseco Poland.
The Asseco Group's sales revenues are diversified by sectors and in the first quarter of 2019 they were distributed among general business (38%), banking and finance (39%), and public administration (23%). Asseco is also geographically diversified and presents its results broken down by three segments. Formula Systems generated 61% of consolidated sales revenues of the Group, Asseco International-27%, and Asseco Poland - 12%.
Currently, the Group's order backlog for 2019 at the revenue level amounts to PLN 7.2 billion and is by 9% higher than the backlog presented in May 2018.
