In 2015, Asseco Poland generated revenues of PLN7.3bn, which correspond to a yoy growth of 16.4%. We had expected PLN6.9bn. EBITDA increased by 11.3% to PLN1bn, while we had forecast PLN980m. EBIT (+17% to PLN745.2m) and net income after minorities (+2% to PLN365.5m) also outperformed our expectations of PLN720m and PLN356m respectively. Between January and December 2015, Asseco Poland generated an operating cash flow of PLN846m compared to PLN686.4m last year. Free cash flow increased by 49.
18 Mar 2016
2015 results exceed our expectations; backlog 2016 at PLN5bn (+14.5% yoy)
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2015 results exceed our expectations; backlog 2016 at PLN5bn (+14.5% yoy)
Asseco Poland S.A. (0LQG:LON) | 0 0 0.0% | Mkt Cap: 1,054m
- Published:
18 Mar 2016 -
Author:
Adrian Kowollik -
Pages:
3
In 2015, Asseco Poland generated revenues of PLN7.3bn, which correspond to a yoy growth of 16.4%. We had expected PLN6.9bn. EBITDA increased by 11.3% to PLN1bn, while we had forecast PLN980m. EBIT (+17% to PLN745.2m) and net income after minorities (+2% to PLN365.5m) also outperformed our expectations of PLN720m and PLN356m respectively. Between January and December 2015, Asseco Poland generated an operating cash flow of PLN846m compared to PLN686.4m last year. Free cash flow increased by 49.