Press Office

In Q1 2025, the Asseco Group generated sales revenues of PLN 4.6 billion (EUR 1.1 billion), out of which PLN 3.6 billion (EUR 864 million) was made up of sales of its proprietary products and IT services. Operating profit increased by 12% to PLN 470 million (EUR 112 million), and net profit attributable to shareholders of the parent increased by 9% to PLN 136 million (EUR 33 million). The Group increased the scale of its international operations through the acquisition of 8 new companies.

The Group's results are highly diversified, with 88% of sales coming from foreign markets represented by the Asseco International and Formula Systems segments.

Sales revenues in the Asseco Poland segment increased by 7% and amounted to PLN 544 million (EUR 130 million). Sales of the Asseco International segment stood at PLN 1.1 billion (EUR 253 million), up 11% from Q1 2024. The higher revenues in this segment are the result of increased sales of financial solutions within the Asseco South Eastern Europe Group, higher sales to the public sector by Asseco Central Europe companies in the Czech Republic and Slovakia, as well as good sales performance of ERP solutions consolidated under the Asseco Enterprise Solutions Group. The Formula Systems segment, in turn, generated PLN 3.0 billion (EUR 715 million) in revenues - this represents a 7% increase over the same period in 2024. Matrix IT, Sapiens International and Magic Software reported good results, in reporting currencies.

Asseco's consolidated order backlog for 2025, in the area of proprietary software and services, is now worth PLN 12.3 billion (EUR 2.9 billion). It is 10% higher in variable exchange rates and 12% higher in fixed exchange rates - in which the backlog for 2024 was calculated - than in the same period a year ago.

"This is another successful period for Asseco. The Group's stable growth is based on broad diversification of operations - both in terms of product offerings, sectors served and geographic reach. Long-term customer relationships and a significant share of recurring revenues strengthen the resilience of the business and allow Asseco to grow effectively and generate growth at every level of the profit and loss statement. We continue to increase the scale of our operations and are active in M&A. In Q1 2025, 8 companies joined the Group, operating in the Polish, Israeli, Spanish, Egyptian, and US markets. We also have good prospects and backlog for the whole of 2025 in all segments of our business," said Karolina Rzońca-Bajorek, Vice President, CFO of Asseco Poland.

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Asseco po raz kolejny zostało docenione w prestiżowym rankingu Poland's Best Employers, opracowanym przez magazyn Forbes we współpracy z firmą badawczą Statista. Ranking wyłania najlepszych pracodawców w Polsce na podstawie niezależnych opinii pracowników oraz analizy kultury organizacyjnej.

Wysoka pozycja Asseco w tegorocznym zestawieniu jest potwierdzeniem konsekwentnych działań firmy na rzecz budowania przyjaznego i wspierającego środowiska pracy. Kluczowe czynniki brane pod uwagę w badaniu to m.in. satysfakcja z pracy, możliwości rozwoju zawodowego, równowaga między życiem zawodowym a prywatnym oraz rekomendacje dla potencjalnych pracowników.

Asseco konsekwentnie inwestuje w rozwój swoich zespołów, oferując szerokie możliwości szkoleń, programy rozwojowe oraz wspierając inicjatywy na rzecz integracji i dobrostanu pracowników.

Badanie zostało przeprowadzone w firmach zatrudniających co najmniej 250 osób w Polsce. Ocenie podlegała gotowość pracowników do polecania zarówno własnego pracodawcy, jak i innych firm z tej samej branży, przy czym większe znaczenie przypisano rekomendowaniu aktualnego miejsca zatrudnienia.

In 2024, the Asseco Group achieved revenues of PLN 17.1 billion (EUR 4.0 billion), of which PLN 13.5 billion (EUR 3.1 billion) were sales of its proprietary IT products and services. Operating profit was 10% higher than in 2023, at PLN 1.8 billion (EUR 416 million). Net profit attributable to shareholders of the parent company, after an 8% increase, reached PLN 520 million (EUR 121 million), a record high. Asseco continued its growth and increased the scale of its international operations, including through acquisitions. Last year, 14 new companies joined the Group.

Asseco's results are very well diversified geographically. In 2024, revenues in the Asseco Poland segment increased by 4% year-on-year and amounted to more than PLN 2.1 billion (EUR 476 million). Activities in this area focused on providing top-quality software and services to support the business continuity of the financial sector, implementing strategic projects for public institutions, as well as continuing work and new projects for the energy and health sectors.

Foreign markets represented by the Formula Systems and Asseco International segments together accounted for 88% of the Group's revenues. Sales of the Formula Systems segment amounted to nearly PLN 11.0 billion (EUR 2.6 billion). Excluding the effect of exchange rate differences, this segment's revenues were 5% higher than in 2023. The Formula Systems Group companies executed contracts in the key areas of cyber security, healthcare or transportation, strengthening their position through organic growth as well as acquisition activity.

In the Asseco International segment, sales stood at PLN 4.1 billion (EUR 961 million), and after excluding the effect of exchange rate differences, revenues were 7% higher year-on-year in 2023. The Asseco South Eastern Europe Group recorded increases last year, mainly in the key area of payments. Sales of ERP solutions in the Asseco Enterprise Solutions Group were also higher. Asseco Central Europe's operating companies in the Czech Republic and Slovakia successfully implemented projects for public institutions, the health care sector and banking by Asseco Central Europe Group companies.

2024 turned out to be a record year for Asseco. We achieved the highest net profit in our more than 30-year history. These results show that the strategy we have adopted, focusing on the development of proprietary software and related services, as well as strong diversification, allows us to grow steadily. In the past period, the Group's results were significantly affected by foreign exchange rates. Excluding this effect, our revenues increased by 6% and operating profit went up by 14%. I believe this is an exceptional success, given the external conditions in which we operate. In 2024, we acquired 14 companies operating on the US, Indian, Portuguese and Israeli markets. Since our IPO on the Warsaw Stock Exchange (WSE) in 2004, more than 150 companies have joined our Group. As a result, today Asseco employs nearly 34,000 people in more than 60 countries on 6 continents," said Adam Góral, CEO of Asseco Poland.

Asseco's consolidated order backlog for 2025, in the area of proprietary software and services, is now worth more than PLN 10.8 billion (EUR 2.6 billion). In fixed exchange rates, in which the backlog for 2024 was calculated, its value is 9% higher than in the same period last year

In 2025, our priority remains to maintain our leadership in digitization in the banking, energy, telecommunications, healthcare and government sectors. We continue to focus on developing our own products and services, expanding our offerings not only to include sector solutions, but also ERP systems, payments and trust services. We are developing competence in the area of cloud services. We have plans for further use of artificial intelligence in our solutions, and ambitions to build a state cyber resilience at every level of operations – both nationwide and at the local government level," added Adam Góral.

Asseco is consistently building shareholder value and sharing the profit it generates with its shareholders. Since its IPO on the WSE, the Company has paid in total more than PLN 3.5 billion in dividends to its shareholders. This year, the Company's Management Board recommended to the General Meeting of Shareholders a dividend payment of PLN 269 million for 2024 (EUR 62 million), which translates into PLN 3.94 (EUR 0.9) per share participating in the dividend payment*.

* Dividend per share, after excluding own shares that do not participate in the dividend.

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The President of Asseco Poland and founder of the Asseco Group has been named the winner of the "Bulls and Bears" contest in the "Capital Market Personality" category organized by the editors of the Gazeta Giełdy i Inwestorów “Parkiet.”

As the editors pointed out, Adam Góral is the creator of one of Poland's biggest startup success stories. He started in 1991 with a team of three people. Now Asseco is the largest IT company in the Central and Eastern European region. It is present in more than 60 countries around the world and employs 34,000 people. Adam Góral has repeatedly emphasized that people are the key to success - "If you start thinking that you are the architect and guarantor of success, you have already lost.... You will be only strong with the team you create," he said.

Adam Góral is also an important figure for the development of the capital market. He serves as the Chairman of the Issuers' Council under the president of the Warsaw Stock Exchange (WSE).

For more than 30 years, the editors of Gazeta Giełdy i Inwestorów "Parkiet" have been rewarding individuals and institutions that have made a special contribution to the development and promotion of the Polish financial market. Distinction in the "Capital Market Personality" category is one of the awards, given for exceptional achievements and positive impact on the market environment.

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Asseco's investor relations were once again rated highest by individual investors in a survey by the Parkiet daily. The company, with a score of 4.65 points, was the winner in this category, where the average score was 3.3 points.

The basis of IR is communication and people, because, as the name suggests, "relations" are the most important. Open and regular communication with investors and the wider market is first and foremost our foundation. For more than 20 years , Asseco's IR team has been building trust based on the reliability and transparency of information provided to investors, said Artur Wiza, Vice President of Asseco Poland.

Asseco was also rated well by institutional investors, who gave the company 4.55 points (the average for this category was 4.1 points). This market perception shows that Asseco invariably listens to the expectations of its investors. The company's team not only provides them with key information, but also systematically collects their feedback and comments. Asseco participates in industry conferences, organizes result meetings, investor chats and actively conducts social media communications.

Our goal is to conduct IR at the highest level - in a transparent, open and customized manner for each investor. This is an ongoing process and our communication is carried out continuously, regardless of working hours or day of the week, because investors are in different countries and time zones, concluded Artur Wiza.

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Portal gospodarczy Wnp.pl z okazji swojego 25-lecia nagrodził osobowości i firmy, które w ubiegłym ćwierćwieczu zapisały się w gospodarczej historii Polski. Asseco znalazło się w gronie laureatów. Firma została doceniona za konsekwentny, organiczny i zrównoważony rozwój w sektorze niezwykle ważnym dla funkcjonowania przedsiębiorstw i perspektyw gospodarki oraz za długoletnią ekspansję zagraniczną i budowanie pozycji Polski w świecie.

Nagrodę w imieniu firmy odebrał Adam Góral, Prezes Zarządu Asseco Poland. Asseco jest liderem cyfryzacji w Polsce i największą firmą IT w regionie Europy Środkowo-Wschodniej. Działa w 62 krajach na całym świecie i zatrudnia 34 tys. osób. W 2023 roku osiągnęło przychody rzędu 17 miliardów złotych. Jak podkreśliła redakcja twórcy Asseco dowiedli, że można zbudować międzynarodowy biznes technologiczny – i to nie w kalifornijskiej Dolinie Krzemowej, lecz w Polsce, na Podkarpaciu. Tam bowiem, w Rzeszowie, rozpoczęła się i nadal rozwija, historia polskiego giganta IT. Dziś Asseco jest ujmowane w europejskich i światowych rankingach najbardziej innowacyjnych firm, wytwarzających produkty wysokiej jakości, odpowiedzialnie zarządzanych i cieszących się zaufaniem klientów, inwestorów i pracowników.

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