Sales revenues reach PLN 2.8 bilion. Asseco Group posts stable financial results for the first half of 2013
In the first two quarters of 2013, Asseco Group generated nearly PLN 2.8 billion in sales revenues, achieving a 4% increase as compared with the corresponding period last year. Operating profit reached PLN 328 million.
In the first two quarters of 2013, Asseco Group generated nearly PLN 2.8 billion in sales revenues, achieving a 4% increase as compared with the corresponding period last year. Operating profit reached PLN 328 million, while net profit attributable to shareholders of the parent company amounted to PLN 180 million. The backlog of orders totals PLN 5.2 billion and is 6% higher than in the comparable period of 2012. During the first six months of the year the Group signed almost 2,200 contracts, confirming good diversification of its business.
Asseco consistently pursues its strategy focusing on both organic growth and further company acquisitions. Asseco Poland along with its subsidiaries carry on working with our major clients and are very active in gaining new contracts. The development of Asseco is possible thanks to the increasing sales of our proprietary software solutions. In the first half of 2013, such revenues reached nearly PLN 2.2 billion, accounting for 78% of our total sales. We continue to invest money in the research and development of Asseco’s key products.
Having devoted several years to analyzing the markets of Russia and Commonwealth of Independent States, Asseco Poland has launched its business operations in Russia and Georgia. In 2013 the Group has been joined by the Russian company R-Style Softlab, a leading supplier of proprietary banking solutions, as well as by the Georgian Onyx Consulting (presently Asseco Georgia), a provider of consulting and implementation services for the sectors of banking, insurance and public administration. Our acquisition plans for the remaining months of this year anticipate continued focus on emerging markets.