Press Office

Asseco has maintained its strong position in the "ITWiz Best100" ranking of the largest IT companies in Poland. The company generated record-high revenues in excess of PLN 12 billion in 2020, making it the largest capital group included in the list. In addition, for another consecutive year, it took the first place in the categories of companies with the highest sales to the public administration and uniformed services sector, large companies, as well as maintenance and integration services.

­We aim to maintain our leading position in the ­sectors of strategic importance to Asseco: banking, insurance, power industry, telecommunications, healthcare, and public administration. We continue to focus on further development of ­our proprietary products and services. Apart from sector solutions, we will also reinforce our position in ERP systems, payments, and ­trust services. We have been also investing in the development of cloud products and cyber security ­services. We will ­also continue to grow ­through acquisitions and strengthen our competence in individual sectors, said Adam Góral, President of Asseco Poland.

Asseco was recognized by IBM Polska for its long-term cooperation and received the title of the 30th Anniversary Partner. In addition, Poland's largest IT company was recognized in the "Largest Project" category for the migration of the Asseco Utility Management Solutions (AUMS) Client Portal application to the IBM Cloud.

Thank you for recognizing Polish products, for doing everything to promote them on foreign markets - said Adam Góral, President of the Management Board of Asseco Poland, while receiving the award in the category of the 30th Anniversary Partner of IBM Polska during the Partner Gala - IBM Business Partner Academy.

Asseco also received an award for the application migration to containers using IBM Cloud Pak.

I would like to strongly emphasize the unique form of cooperation where the AUMS Customer Portal solution was moved to the cloud. This solution enables consumers of electricity, gas and other utilities to monitor their consumption, report complaints, as well as analyze their bills in one place - the customer portal, said Paweł Piwowar, Vice President of the Management Board of Asseco Poland.

The migration to the cloud of products intended as an interface for the end user is of particular importance. After all, not only the success of an implementation project but also the image of a company depends on the reliability of a system's operation, its availability or ease of integration with the operator's systems. Moving AUMS Portal to the IBM Cloud enabled use of cloud architectural patterns from IBM, containerization technology in front-end solutions, container management tools such as Openshift, and use of other new solutions in the area of databases or API, in which IBM supports its partners.

The AUMS Customer Portal in the cloud model will have many industry applications, e.g. in the power industry as an electronic customer service office or as a platform for the exchange of measurement data. The solution will be sold in the SaaS model.

Asseco was included in the ranking "Europe 500 - The most valuable and strongest European brands" prepared by Brand Finance. A total of 5 Polish organizations appeared in the list of 500 companies. Asseco is the only Polish technology brand in this group.

Asseco is the largest producer of software in Central and Eastern Europe. Last year it generated record-high revenues of over PLN 12 billion. This result was possible thanks to a consistently implemented strategy of growth and sector diversification of our business. The company also focuses on foreign markets, where it generated nearly 90 percent of its revenues. It is present in 60 countries and employs 28 thousand people.

In 2021 Asseco was also recognized on the domestic market, where it took the first place in the ranking of the most valuable Polish brands in the ICT and new technologies sector, prepared by the editors of the Rzeczpospolita daily. The Asseco brand was valued in this ranking at nearly PLN 1.5 billion.

"Europe 500 - The most valuable and strongest European brands" is an annual list prepared by the consulting firm Brand Finance.

Asseco, another year in a row, is the largest IT capital group operating in Poland, being the domestic leader in digitization. The company won in total in 5 categories of this year's edition of Computerworld Top200 report, which means that it again is the leader in the largest number of categories.

Asseco generated record revenues of over PLN 12 billion in 2020, up by 14 percent year on year. Such result once again ensured it the first place in the category of the "Largest IT capital groups operating in Poland - Leaders of digitization in Poland". The company is also invariably the largest provider of IT solutions and services for the public administration sector and uniformed services, as well as for large companies and enterprises. It also maintained its position as the largest provider of maintenance services. Owing to its intensive development, the company was also ranked 1st among the largest providers of custom software, 2nd among the largest providers of integration services, and 3rd among the largest providers of IT services, solutions and IT services for the telecommunications sector. Asseco is also among the top companies with the highest net profit, R&D spending, as well as those providing integration services and working with the healthcare sector.

Asseco in the Computerworld TOP200 ranking:

Asseco took the first place in the ranking of the most valuable Polish brands in the ICT and new technologies sector, prepared by the editorial team of the Rzeczpospolita daily. The Asseco brand is valued at nearly PLN 1.5 billion. The company is the largest software producer in Central and Eastern Europe. It started its operations thirty years ago as a start-up of a few people. Today, the Asseco Group consists of a team of over 28 thousand employees in 60 countries worldwide.

Last year Asseco generated record revenues of PLN 12.2 billion and its operating profit amounted to PLN 1.2 billion. The company focuses on sector diversification and intensively develops its business on foreign markets, where it recorded 88 percent of its sales.

The ranking of brands prepared by the editors of the Rzeczpospolita daily is a comparison of value of one of the intangible assets of companies, which has an increasing influence on their valuations.

In the first quarter of 2021, Asseco generated over PLN 3.3 billion in sales revenues, which marked an increase by 14% versus the corresponding period in the previous year. The sales of proprietary IT products and services amounted to PLN 2.6 billion, accounting for 78% of total revenues. Consolidated operating profit increased by 29% and amounted to PLN 323 million. Net profit attributable to shareholders of the parent company amounted to PLN 102 million, which is 25% higher than in Q1 2020. The Company continued to grow organically and through acquisitions.

After three months of this year, non-IFRS operating profit amounted to PLN 399 million and was higher by 26%, while non-IFRS net profit, after a 23% increase, stood at PLN 116 million.

After Q1 2021, the Group improved performance in all operating segments. This was possible thanks to the consistently implemented growth strategy and the continued dynamic growth of digitization in all sectors of the economy. In our Formula Systems segment, sales revenues increased by 16% to PLN 2.2 billion, while operating profit improved by 31% to PLN 167 million. The Asseco International segment's sales revenues increased by 9% to PLN 819 million, while its operating profit improved by 21% to PLN 98 million. The Asseco Poland segment generated PLN 367 million in sales revenues, growing by 18% as compared with the corresponding period last year, while its operating profit improved by 38% to PLN 59 million. The foreign markets represented by the Formula Systems and Asseco International segments accounted for 89% of the Group's sales revenues.

Asseco's revenues are well diversified by sectors. After Q1 2021, they are as follows: general business - 41%, banking and finance - 34% and public institutions - 25%.

Asseco's consolidated order book for 2021 in the area of software and proprietary services is now worth PLN 8.6 billion and is 14% higher than in the same period last year.

This was a very good quarter for us. We achieved satisfactory growth of results in all segments and sectors of our operations. We consistently pursue our strategy of geographical, sectoral and product diversification of business, which brings measurable effects. The accelerated digitization of business processes in companies and institutions is no longer just a result of the pandemic, but has become a permanent development strategy for many organizations. We observe an increased interest among our customers in, among others, security and trust services and ERP solutions. This translates into an increase in our order portfolio and allows for greater optimism in achieving our goals for this year. We continue our organic growth based on sales of our proprietary software and related services, as well as through acquisitions. During the first three months of this year we were joined by four new companies, strengthening our position on international markets - said Karolina Rzońca-Bajorek, Vice President of the Management Board responsible for financial matters at Asseco Poland.

Non-IFRS figures including adjustments for: the cost of amortization of intangible assets recognized under the combination settlement (PPA), the costs of share-based payment transactions with employees (SBP), the costs and financial revenues resulting from the transactions of purchase and sales of companies (M&A) and tax effects associated with them).