Operating profit of Asseco SEE Group up 47 per cent

Company’s Q4 and full-year 2019 results once again better compared with corresponding periods

Operating profit of Asseco SEE Group up 47 per cent

Fourth-Quarter 2019:

• Double-digit sales revenues growth which amounted to EUR 64.3 million, up 25%

• Double-digit operating profit growth which amounted to EUR 8.5 million, up 47%
• Operating profitability amounting to 13.3%
• Net profit totaling EUR 6.9 million, up 47%
• Backlog growth in revenues for Q1 2020 reaching EUR 49.4 million, up 60%

 Full-Year 2019:

• Double-digit sales revenues growth which amounted to EUR 204.9 million, up 30%

• Double-digit operating profit growth which amounted to EUR 25.6 million, up 47%
• Operating profitability amounting to 12.5%
• Double-digit net profit growth which totaled EUR 21.2 million, up 39%
• Backlog growth in revenues for 2020 reaching EUR 160.6 million, up 73%

Payment business unit (Payten)

 Dedicated solutions business unit