Asseco Business Solutions Second Quarter 2024 Earnings: EPS: zł0.69 (vs zł0.58 in 2Q 2023)

Asseco Business Solutions (WSE:ABS) Second Quarter 2024 Results

Key Financial Results

• Revenue: zł101.5m (up 16% from 2Q 2023).
• Net income: zł23.1m (up 19% from 2Q 2023).
• Profit margin: 23% (in line with 2Q 2023).
• EPS: zł0.69 (up from zł0.58 in 2Q 2023).

All figures shown in the chart above are for the trailing 12 month (TTM) period

Asseco Business Solutions Earnings Insights

Looking ahead, revenue is forecast to grow 10% p.a. on average during the next 3 years, compared to a 8.9% growth forecast for the Software industry in Poland.

Performance of the Polish Software industry.

The company's share price is broadly unchanged from a week ago.

Balance Sheet Analysis

Just as investors must consider earnings, it is also important to take into account the strength of a company's balance sheet. We have a graphic representation of Asseco Business Solutions' balance sheet and an in-depth analysis of the company's financial position.

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