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Asseco Poland surprises with first-half profit increase
August 27, 2014 / 5:57 PM / 3 years ago

Asseco Poland surprises with first-half profit increase

WARSAW, Aug 27 (Reuters) - Eastern Europe’s largest software maker Asseco Poland reported an unexpected 2 percent rise in first-half net profit, the company said on Wednesday, despite margin pressure in the group’s key Polish contracts.

The company reported a profit of 183 million zlotys ($57.5 million), compared to 176 million zlotys ($55.3 million) forecast by analysts.

The group’s sales rose by 7 percent to 2.9 billion zlotys ($912 million).

1 US dollar = 3.1807 Polish zloty Reporting by Jakub Iglewski. Editing by Jane Merriman

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