Asseco in numbers
Dynamic growth in all business segments - record-breaking revenues and operating profit of the Asseco Group in 2018
In 2018, for the first time in history, the Asseco Group's revenues exceeded PLN 9.3 billion and its operating profit amounted to PLN 796.8 million, which marks an increase of 36% versus 2017. The Group achieved very good results in all segments and business areas. It developed intensively both in Poland and on foreign markets, where it generated 85% of its sales. The core business of Asseco remains the sale of proprietary IT products and services, which in the previous year amounted to over PLN 7.5 billion, representing 80% of the Group's total revenues.
Comparable results of the Group, including the consolidation of Formula Systems' results for the whole year 2017, were better in 2018 than in the previous year - the Group's revenues and sales of proprietary software and services increased by 7%, and the operating profit was higher by 30%.
The Asseco Group's revenues are diversified by sectors, and in 2018 they were divided into general business (38%), banking and finance (40%), and public administration (22%). The Group is also geographically diversified and presents its results divided into three segments: Asseco Poland (Polish market), Formula Systems Group (Israeli market) and Asseco International (other international markets).