Asseco Poland S.A./zł ACP

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About Asseco Poland S.A.

Asseco Poland S.A. is a prominent player in the information technology industry, primarily focusing on the development and implementation of software solutions. Founded in 1991 and headquartered in Rzeszów, Poland, the company offers a wide range of IT products and services tailored to various sectors such as banking, healthcare, and public administration. One of its notable products includes enterprise resource planning (ERP) systems, along with services in IT infrastructure and digital transformation. Asseco Poland operates with a significant geographic footprint, serving clients not only in Poland but across European and international markets. The company's competitive strength lies in its comprehensive suite of solutions, customized for specific industry needs, and its ability to integrate complex IT systems.
Ticker
zł ACP
Sector
Software & Cloud Services
Primary listing
WSE
Employees
30,932
Headquarters
Rzeszów, Poland
Website
asseco.com

ACP Metrics

BasicAdvanced
zł 18B
13.46
zł 16.61
0.32
zł 13.05
5.84%

Bulls say / Bears say

Asseco delivered strong underlying momentum in the first half of 2026. Revenue rose about 16%, operating profit 38% and attributable net profit 52%, while second-quarter profit, EBITDA and revenue all exceeded market expectations. (Rzeczpospolita)
The enlarged order book gives investors useful earnings visibility. Backlog for proprietary software and services reached PLN13.4bn, up 18% at current exchange rates and 12% at constant rates, helped by public-sector digitalisation and long-term contracts. (Rzeczpospolita)
Asseco has the balance-sheet capacity to keep expanding and return cash to shareholders. Management described cash as comfortable, plans further acquisitions and organic investment, and bought 96% of Mc Comp to add scalable fuel-station and hospitality software to its energy offering. (BIZNES24, Rzeczpospolita)
The Sapiens disposal creates a difficult comparison. Management said its 2026 operating revenue could be about PLN2bn lower and operating profit about PLN350m lower, while the 2025 result included a roughly PLN500m gain from the sale. (Reuters, EarningsCalls.dev)
Asseco’s acquisition-led growth may not replace Sapiens quickly. The latest Polish deal, Mc Comp, cost PLN47m and serves a focused fuel-station and hospitality niche, so the company must find and integrate further acquisitions to fill the much larger revenue gap. (Rzeczpospolita, Exa)
Delivery capacity could become a margin risk if the order book remains strong. Management said employees were working very long hours, while group wage costs were already up about 5.8% year on year; continued growth may require more hiring or higher pay. (Rzeczpospolita)
Data summarised monthly by Lightyear AI. Last updated on 19 Sept 2026.

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