ASEE Group Delivers 27% Increase in Operating Profit in Q2 2026
Warsaw, July 27, 2026 – ASEE Group (WSE: ASEECOSEE, ASE) has published its estimated financial results for the second quarter and the first half of 2026. The Group generated estimated sales revenue of EUR 101.4 million for the second quarter and EUR 203.0 million for the first half of 2026, representing increases of 1% and 3%, respectively, compared with the corresponding periods of 2025.
The Banking Solutions segment recorded the strongest year-on-year revenue growth in the second quarter of 2026, with estimated sales increasing by EUR 4.0 million to EUR 22.6 million. The Dedicated Solutions segment also reported growth, with estimated revenue rising by EUR 0.4 million to EUR 27.4 million. Meanwhile, the Payment Solutions segment recorded a decline in sales of EUR 3.8 million compared with the second quarter of 2025, with estimated revenue totaling EUR 51.4 million.
ASEE Group’s estimated operating profit for the second quarter of 2026 amounted to EUR 15.3 million, representing a significant 27% increase (EUR 3.2 million) compared with the second quarter of 2025. The Banking Solutions segment delivered the strongest improvement in operating profit, increasing by EUR 4.1 million to EUR 7.9 million. Estimated operating profit in the other two segments declined slightly year on year, reaching EUR 7.0 million in the Payment Solutions segment (down EUR 0.6 million) and EUR 0.4 million in the Dedicated Solutions segment (down EUR 0.2 million).
The Group’s estimated EBITDA for the second quarter of 2026 amounted to EUR 22.8 million, an increase of 25% (EUR 4.6 million) compared with the second quarter of 2025. The largest EBITDA improvement was recorded in the Banking Solutions segment, where EBITDA increased by EUR 4.1 million to EUR 8.6 million. The Payment Solutions segment also posted a slight increase, with EBITDA rising to EUR 12.4 million, up EUR 0.7 million year on year. In the Dedicated Solutions segment, estimated EBITDA decreased slightly by EUR 0.2 million year on year to EUR 1.7 million.
For the first half of 2026, the Banking Solutions segment also achieved the highest increase in estimated sales revenue, reaching EUR 43.4 million, up EUR 6.3 million compared with the first half of 2025. Estimated sales revenue in the Dedicated Solutions segment increased by EUR 5.4 million to EUR 56.9 million. In contrast, the Payment Solutions segment reported a decline in estimated sales revenue of EUR 5.2 million, with first-half revenue totaling EUR 102.8 million.
ASEE Group’s estimated operating profit for the first half of 2026 amounted to EUR 29.0 million, representing an increase of EUR 5.0 million, or 21%, compared with the same period of 2025. The Banking Solutions segment drove this growth, with estimated operating profit increasing by EUR 5.5 million to EUR 13.7 million. Estimated operating profit in the Dedicated Solutions segment increased slightly to EUR 0.5 million, while the Payment Solutions segment recorded a slight decline of EUR 0.6 million, with estimated operating profit reaching EUR 14.8 million.
The Group’s estimated EBITDA for the first half of 2026 amounted to EUR 42.6 million, an increase of EUR 6.5 million compared with the first half of 2025. The Banking Solutions segment recorded the largest increase, with estimated EBITDA rising by EUR 5.6 million to EUR 15.3 million. The remaining two segments also reported modest EBITDA growth: the Payment Solutions segment increased by EUR 0.8 million to EUR 24.3 million, while the Dedicated Solutions segment improved by EUR 0.1 million, reaching EUR 3.1 million.
“In the second quarter of 2026, we significantly improved the Group’s profitability, achieving a 27% year-on-year increase in ASEE Group’s operating profit, driven primarily by the Banking Solutions segment, where sales revenue grew by nearly 22% during the period. A more favorable revenue mix and stronger cost discipline contributed to higher margins in this segment. The flat performance of the Dedicated Solutions segment resulted from delays in the implementation of road infrastructure projects, while the weaker performance of the Payment Solutions segment reflected lower results in business lines related to ATM and payment terminal sales and services. This was partly offset by strong performance in business lines offering independent payment terminal networks and fiscal cash registers,” commented Piotr Jeleński, President of the Management Board of Asseco South Eastern Europe S.A.
