EBIT of PLN 203 mln was down 3.8% y/y and 2.4% below consensus.
Revenues increased by 2,9% y/y to PLN 2.26 bln to edge out consensus.
Among revenues, sale of traditionally highest margin proprietary software and services increased by 10.9% y/y to PLN 1.78 bln. Lower margin segment of licensed software and services shrank by 23% to PLN 165 mln, while hardware was down 16% to PLN 318 mln.
In client segments, Asseco recorded highest sales increase of 17.5% in industry, followed by banking and finance with 10.9% increase while sales to public administration nosedived 20% to PLN 1.74 bln.
Asseco sports order portfolio for 2017 of PLN 5.512 bln.
Comments : 0
|SADOVAYA GROUP||0,32||+10,34 %|
|SECO WARWICK||24,20||+10,00 %|
|COAL ENERGY||1,03||+8,42 %|
|KORPORACJA BUDOWLANA DOM||3,79||-8,45 %|