The IT giant reported results. Profits rose despite challenges.
The Asseco Poland Group's revenues in the first half of 2025 reached PLN 9.04 billion, and net profit attributable to shareholders of the parent company reached PLN 282 million. Both figures were higher year-on-year.
It was a very good half-year for the Asseco Group"Our geographic, product, and sector diversification of our business, along with strong demand for digital solutions, allow us to continue our growth. Our revenues increased by 8% during this period, and our operating profit by 13%, which also translates into higher operating profitability. Furthermore, we are systematically building our backlog, allowing us to be optimistic about the second half of 2025 across all segments of our business. We are constantly expanding our business scale and are active in M&A. In the first half of 2025, 13 companies joined the Group, operating in Europe, Canada, India, and the Middle East," said Karolina Rzońca-Bajorek, Vice President of the Management Board and CFO of Asseco Poland.
The results for the first half of 2025 were influenced by events such as:
- Loss recognized on the sale of shares in the Turkish subsidiary Mobven belonging to the ASEE Group, which charged the consolidated operating profit by PLN 6.5 million and the consolidated net profit attributable to shareholders of the Parent Company of the Asseco Poland Group by PLN 3.3 million;
- Recalculation of balance sheet items due to hyperinflation related to Turkish subsidiaries in the ASEE Group – the Asseco Group recognized PLN 9.4 million in financial income, which translated into an increase in consolidated net profit attributable to shareholders of the Parent Company of the Asseco Poland Group by PLN 4.8 million.
Asseco's consolidated order backlog for 2025, in the area of proprietary software and services, is currently worth PLN 13.5 billion. At variable rates, it is 9 percent higher, and at constant rates—which are the rates at which the backlog for 2024 was recalculated—10 percent higher than during the same period last year.
During the reporting period, the group continued to expand its operations both in Poland and abroad. Sales revenues in the Asseco Poland segment increased by 13%, reaching PLN 1.1 billion. The revenue and EBITDA dynamics for each business segment were as follows:
In the Asseco International segment, the dynamics turned out to be slightly lower:
The most important segment in terms of generated revenues, Formula Systems, recorded the lowest dynamics, but in nominal terms these were the highest increases:
Asseco Poland is valued at approximately PLN 15 billion on the WSE.
wnp.pl
