Asseco conducts numerous R&D activities. One of the company's key projects is the construction of a modern center that will house teams conducting research and development works in such areas as artificial intelligence or telemedicine.

We understand that one of the conditions for maintaining the leading position on the IT market is innovation - said Grzegorz Warzocha, Director of the EU Projects Office, Asseco Poland. That is why research and development is such an important area of our business. In 2019 alone, we conducted 64 research and development projects, most of which were carried out with our own funds. In addition, we employ 5,200 people in the R&D segment, which only shows our huge commitment to these activities - he added.

Since April, Asseco Poland has been enabling medical institutions to implement free of charge IT tools that improve communication with patients. Due to the great interest in the package "#stayhome, Patient", further tools have been developed to support hospitals in fighting the coronavirus.

"During the pandemic, it is crucial for medical facilities to maintain continuity of medical care on the one hand, and on the other hand, to implement and apply appropriate safety procedures in connection with the coronavirus pandemic. IT solutions come in handy" - said Jan Butkiewicz, Deputy Director of the Sales Department at the Healthcare Division of Asseco Poland.

With a view to the actions to be taken by a medical facility in the event of a patient with suspected or diagnosed COVID-19 virus, Asseco has prepared two unique services that have been added to the ICT services package.
A special BioHazard module will allow a hospital to properly mark and search for patients with suspected COVID-19 or other serious viral or bacterial disease in its database.
The second tool is the COVID Patient Register, which will enable integration with the COVID National Patient Register. This will eliminate possible duplication of information entered and immediately confirm the case of previous coronavirus diagnosis. Hospitals will also have access to the 'PreTRIAGE' records form, which includes medical history information.
Other solutions made available under the "Together against COVID" package support remote communication with a patient. Tele-advice, using audiovisual communication technology, allows doctors to give advice remotely, providing access to a patient's digital medical records. E-Notifications improve communication with a patient via automatic SMS or e-mail messages. Their important functionality is also the possibility to send a PIN code for e-Prescription. In turn, E-Confirmations enable a patient to easily confirm or cancel a visit by e-mail or text message, thus freeing overloaded telephone lines of medical facilities and reducing the number of uncancelled visits.
and additional infrastructure investments by a medical facility. Also a patient does not need to install any software, the only requirement is the access to a web browser on a phone or computer.
The package "Together against COVID" can be used by AMMS users. The service is available free of charge until July 31, 2020. For more information and a contact form, please see www.asseco.pl.

Today, Asseco is not only the largest IT company in Poland and the region of Central and Eastern Europe, but also a global player - said Adam Góral, President of Asseco Poland. We have been developing both organically and through acquisitions. In addition, we have been constantly strengthening our sector competence and looking for innovative solutions - in 2019 alone we allocated nearly PLN 900 million for R&D. Thanks to this we create modern products that gain recognition of customers from around the world - he added.

Asseco has also initiated the “Asseco for Poland” project, under which it has undertaken a number of activities both in the country and abroad. Among other things, the company supports domestic entrepreneurs, integrates Poles abroad, and promotes Polish programmers.
For more about the project, see: https://dlapolski.asseco.com/

For the assessment of the financial and business situation of Asseco, the key information is the basic data published on a non-IFRS basis. These figures supplement the data reported in accordance with the IFRS* standard. In the first quarter of this year, non-IFRS operating profit increased by 13% to PLN 316 million, while non-IFRS net profit went up by 6% to PLN 95 million.

The first three months of 2020 were successful for the Group, even though the second half of March brought difficult conditions related to the coronavirus pandemic. The fact that we recorded an increase in revenues in all segments of our operations is, among other things, the consequence of good diversification of our business, which we have been consistently developing for years on a geographical, sector and product level. A rapid response to the situation related to COVID-19 allowed us to ensure the continuity of operations as well as the implementation of maintenance contracts and new projects contracted. It is difficult to predict the final impact of COVID-19 on our business in the coming quarters. On the one hand, we see an economic slowdown in some countries and sectors, but on the other hand, the importance of digitization is growing in all areas in which the Group operates. The examples include IT tools enabling remote operation and customer service, as well as cloud and cyber security solutions. Looking at our backlog for 2020, which at the level of revenues amounts to PLN 8.6 billion and is by 20% higher than the order book presented in May 2019, I hope we will cope well with this unprecedented time, said Rafał Kozłowski, Vice President of the Management Board of Asseco Poland.

The Asseco Group's revenues are diversified by sectors and in Q1 2020 they were distributed among the following segments: general business (40%), banking and finance (36%), and public institutions (24%). Asseco is also geographically diversified and presents its results by three segments. The Formula Systems segment generated 64% of consolidated revenues, while Asseco International - 26% and Asseco Poland - 10%.

The General Meeting of Shareholders of Asseco Poland, held on May 27, 2020, passed a resolution to pay out a dividend of PLN 250 million or PLN 3.01 per share. This means a dividend yield of 4.3% (as at May 28, 2020).

We have been sharing profits with our shareholders for years. Since 2007, we have paid out PLN 2.2 billion in dividends, and taking into account the payment from the 2019 profit, which will be made on June 17, 2020, that amount will exceed PLN 2.4 billion, commented Rafał Kozłowski.

*The non-IFRS figures include the 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.

In addition, together with the National Cloud Operator, Asseco has provided an educational platform for universities free of charge under the "Partnership for Universities" program.
The company also cooperates with the Ministry of Digitization on the implementation of regulations enabling the introduction of video-verification as a remote identity authentication method (e-signature).

dailies.
Asseco, which employs nearly 27,000 people, was the only IT company to be among the top ten largest employers. The company also achieved the highest revenues and profits in its sector.
Among the companies listed on the Warsaw Stock Exchange (WSE), which were included in the "List of 500", Asseco ranked 17th. Investors believe in the company's development, which is demonstrated by its rising stock price.