Asseco South Eastern Europe Third Quarter 2024 Earnings: EPS: zł1.04 (vs zł1.21 in 3Q 2023)

Asseco South Eastern Europe (WSE:ASE) Third Quarter 2024 Results

Key Financial Results

• Revenue: zł444.8m (up 12% from 3Q 2023).
• Net income: zł54.0m (down 14% from 3Q 2023).
• Profit margin: 12% (down from 16% in 3Q 2023). The decrease in margin was driven by higher expenses.
• EPS: zł1.04 (down from zł1.21 in 3Q 2023).

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

Asseco South Eastern Europe Earnings Insights

Looking ahead, revenue is forecast to grow 8.0% p.a. on average during the next 3 years, compared to a 5.5% growth forecast for the IT industry in Europe.

Performance of the market in Poland.

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

Balance Sheet Analysis

While it's very important to consider the profit and loss statement, you can also learn a lot about a company by looking at its balance sheet. We have a graphic representation of Asseco South Eastern Europe's balance sheet and an in-depth analysis of the company's financial position.

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