Asseco won the "Digital Transformation" category in the IT Champions 2024 competition organized by IT Reseller magazine. Asseco is Poland's largest IT company that supports the digitization of businesses and the public administration sector. The IT Champions awards are given to companies that are particularly outstanding on the Polish IT market.

Asseco has been developing technologically advanced software for companies and institutions in key economic sectors for more than 30 years. It is present in nearly 60 countries around the world and employs more than 33,000 individuals. The award, granted by the editors of IT Reseller magazine, is another confirmation of Asseco's position as a leader in digitization in Poland, according to the Computerworld TOP200 report, among others.

Asseco again took 2nd place in the "Polish Ambassadors" ranking prepared by the editors of the Wprost magazine. Asseco is present in 60 countries, and its foreign sales in 2023 amounted to PLN 14.9 billion, accounting for 88 percent of total revenues.

Our priority remains to provide the highest quality proprietary software to institutions and companies in key economic sectors. In the past year, we worked hard to strengthen our market position in each of the business segments in which we operate. In 2023, we acquired 7 companies operating in Poland and abroad. Since our debut on the Warsaw Stock Exchange in 2004, more than 135 companies have joined our Group. Owing to this, Asseco today has more than 33,000 people employed in 60 countries on 6 continents, said Adam Góral, President of the Management Board of Asseco Poland.

Asseco is a leader in digitization in Poland and the largest IT company in the Central and Eastern European region. Asseco companies are listed on the Warsaw Stock Exchange, NASDAQ and the Tel Aviv Stock Exchange.

The project "Piaseczno - the first municipality with e-Delivery" took 2nd place in the "Urban-rural municipalities" category in the "Innovative Local Government" competition, organized by the Local Government Service of the Polish Press Agency (PAP). The Piaseczno Municipality and City Hall, in cooperation with Asseco, was the first in Poland to launch an e-Delivery system.  The process of creating tax decisions has been fully automated, eliminating the need to print them at the office. As a result, instead of a few weeks, it now takes single days or hours. The project used PURDE (Public Registered Electronic Delivery Service), PUH (Universal Hybrid Service) and ePUAP (Electronic Platform for Public Administration Services) services, which allowed the efficient delivery of 70,000 tax decisions to residents.

Faced with the growing expectations of citizens and the challenges of public administration efficiency, the City of Piaseczno has decided to take the revolutionary step of fully digitizing official correspondence. In cooperation with Asseco, which is the supplier of the tax system used at the Office, a solution for handling digital correspondence - MKO365 - was introduced. It enables automation and mass handling of correspondence.

The project was a response to the need to increase the efficiency of the office, improve data security and provide a higher standard of service to residents. The introduction of e-Delivery has enabled the city not only to speed up the process of delivering tax decisions, but also to significantly reduce the costs associated with traditional paper mailing. In addition, the project was implemented almost a year before the introduction of the new legislation, which allowed the city to stay ahead of the expected requirements and position itself as a leader in local government innovation in Poland, said Jakub Buczyło, Director of the Customer Service Division, Asseco Data Systems S.A.

This year the "Innovative Local Government" competition was organized for the fifth time. The purpose of the initiative is to recognize municipalities, districts and voivodeships for implementing innovative projects that can inspire other local government units. The best are chosen by a jury composed of representatives of the editorial staff of the Polish Press Agency (PAP), the Warsaw School of Economics (SGH) and the Union of Rural Municipalities of Poland, the Union of Polish Cities, the Union of Polish Towns, the Union of Polish Metropolises, the Union of Polish Counties and the Union of Voivodeships of Poland.

Asseco has once again been recognized as Poland's largest IT company. The Asseco Group generated PLN 16.9 billion in sales revenues in 2023, and its operating profit was more than PLN 1.6 billion. In turn, net profit attributable to shareholders of the parent company reached PLN 483 million.

2023 was another very good year for Asseco, concluded Adam Góral, CEO of Asseco Poland. We continue to consistently implement the chosen strategy, focusing on the production of proprietary software and related services, as well as strong diversification, he added.

Asseco is a leader in digitization in Poland and the largest IT company in the Central and Eastern European region. For more than 30 years it has been developing technologically advanced software for companies in key sectors of the economy. The company is present in 60 countries around the world and employs more than 33,000 people.

In the ranking of the "200 largest Polish companies," the editors of the “Wprost” weekly base the ranking on a given company's revenues for 2023.

In Q1, 2024, the Asseco Group generated revenues of PLN 4.25 billion (EUR 983 million), of which PLN 3.3 billion (EUR 763 million) was attributable to sales of its proprietary products and IT services. Operating profit increased by 6% to PLN 420 million (EUR 97 million), and net profit attributable to shareholders of the parent company, after a 16% increase, amounted to PLN 125 million (EUR 29 million).

During the reported period, the Group developed its operations both in Poland and abroad. Sales revenues in the Asseco Poland segment increased by 11% and amounted to PLN 509 million (EUR 118 million). Sales of solutions for finance grew most dynamically – by 19%. Asseco also continued its cooperation and entered into new contracts with institutions in the public sector, which resulted in a 9% increase in revenues in this area.

The Group's performance is highly diversified, with 88% of sales coming from foreign markets, represented by the Formula Systems and Asseco International segments. Sales of the Asseco International segment amounted to PLN 955 million (EUR 221 million). Excluding the effect of exchange rate differences, this represents an increase of 5% compared to Q1, 2023. The segment saw increased sales of payment and banking solutions in the Asseco South Eastern Europe Group. The ERP area, represented by the Asseco Enterprise Solutions Group, also grew organically. In turn, the Formula Systems segment recorded revenues of PLN 2.8 billion (EUR 648 million), which increased by 9% after excluding the impact of exchange rate differences. Sapiens International and Matrix IT reported very good results, in reporting currencies.

Asseco's consolidated order backlog for 2024, in the area of proprietary software and services, is now worth PLN 11.2 billion (EUR 2.6 billion). At fixed exchange rates, at which the backlog for 2023 was calculated, it exceeds PLN 11.9 billion (EUR 2.6 billion) and is 7% higher than in the corresponding period in the previous year.

This is another very good period for Asseco's business. Strong business diversification at the level of products, sectors and geographic markets, as well as long-term relationships with customers and a high share of recurring revenues ensure stable growth for the Asseco Group. Excluding the effect of exchange rate fluctuations, our revenues grew by 8% and operating profit by 13% during this period. We also have good prospects and backlog for the whole of 2024 in all our business segments. Revenue dynamics were the highest in the Asseco Poland segment. We are seeing very good sales results in Poland for solutions for finance or public institutions. The Formula Systems Group is successively strengthening its position in Israel, North America and Europe. The first quarter of 2024 was also good for the Asseco International segment, which intensively developed sales of ERP solutions, payment systems and banking software during this period, said Karolina Rzońca-Bajorek, Vice President of the Management Board, CFO of Asseco Poland.

The Asseco Group, with revenues of PLN 16.9 billion, is the highest ranked technology company in the "List of 500," a ranking of Poland's 500 largest companies. It is also the largest employer in the IT sector.

In 2023, the sales of Asseco's proprietary products and IT services exceeded PLN 13.2 billion. Operating profit amounted to more than PLN 1.6 billion. In turn, net profit attributable to shareholders of the parent company reached PLN 483 million, the second highest net profit in the Group's history. With more than 33,000 employees, Asseco is also the largest IT employer on the "List of 500."

“I'm pleased that we've been able to produce such good results despite the difficult economic environment and the tense geopolitical situation. This shows that uncertain times call for an increased role for digitization, with a special focus on cloud solutions, cyber security or artificial intelligence. Our priority remains to provide the highest quality proprietary software to institutions and companies in key economic sectors. In the past year, we worked intensively to strengthen our market position in each of the business segments in which we operate," said Adam Góral, President of the Management Board of Asseco Poland.