Asseco's net profits up by 19%

Asseco Poland, Eastern Europe's largest software producer, recorded a net profit of PLN 101.6 million in Q3, compared with PLN 85.3 million in the corresponding period last year, the company reported. The increase in net profits was higher than expected and amounted to 19 percent. Operational net profits totalled over PLN 200 million, whereas they stood at nearly 164 million in Q3 2014. EBITDA amounted to PLN 270 million, compared with PLN 228.8 million, the company also informed. Consolidated sales revenue reached PLN 1.75 billion, whereas it amounted to PLN 1.48 billion in Q3 2014. The group operates in 40 countries.