During the first three quarters of 2025, the Asseco Group generated PLN 12.3 billion (EUR 2.9 billion) in sales revenues, of which over PLN 9.3 billion (EUR 2.2 billion) came from the sale of its proprietary IT products and services. Operating profit was 16% higher than in the comparable period of 2024 and exceeded PLN 1.2 billion (EUR 286 million), while net profit attributable to shareholders of the parent company, after an increase of 23%, amounted to PLN 453 million (EUR 107 million). Focusing on its proprietary products and strong diversification, the Group strengthened its position in the areas of finance, public administration, and ERP.
During the reporting period, the Group expanded its operations both in Poland and abroad. Sales revenues in the Asseco Poland Segment increased by 14% and amounted to PLN 1.7 billion (EUR 401 million). The results of this segment were mainly influenced by Asseco's involvement in the development of the digital ecosystem of the state, numerous transformation projects in the energy and healthcare sectors, as well as a stable revenue stream in the area of finance.
The Group's results are highly diversified geographically – 86% of sales come from foreign markets represented by the Formula Systems Segment and Asseco International Segment. Sales in the Asseco International Segment amounted to PLN 3.3 billion (EUR 777 million), which represents a 12% increase compared to the corresponding period in 2024. This segment saw an increase in revenues from banking and payment solutions at Asseco South Eastern Europe, as well as growing interest in modern ERP solutions. Sales also increased at Asseco Central Europe in the Czech Republic and Slovakia, as well as at Asseco CE Cloud. The Formula Systems Segment recorded revenues of PLN 7.3 billion (EUR 1.7 billion), which is 11% more than in the same period last year*. The result was driven, among other things, by record revenues of Matrix IT and growing sales at Magic Software and the Michpal Group.
We have had three successful quarters in Asseco's operations. Our strong position in strategic sectors of the economy, along with our focus on a strategy built around proprietary software, allows us to effectively grow our business and deliver consistent increases in financial performance. Our revenues, operating profit, and net profit attributable to Asseco Poland shareholders grew at a double-digit rate both cumulatively and in Q3, 2025 alone. We are systematically building our backlog, which allows us to look to the future with optimism. In addition, we are constantly expanding the scale of our business, supporting organic growth with M&A activities,” said Karolina Rzońca-Bajorek, Vice-President of the Management Board, CFO of Asseco Poland.
Asseco's consolidated order backlog for 2025, in the area of proprietary software and services, is currently valued at PLN 12.3 billion (EUR 2.9 billion), which is 12% higher than in the same period last year. All operating segments are growing at double-digit rates: Asseco Poland – by 14%, Asseco International – by 12%, and Formula Systems – by 11%.
