Comarch IT with better results for 2016

WSE-listed IT group Comarch expects to post better financial results for last year and will raise forecasts for 2017, CEO and lead shareholder Janusz Filipiak said. The better-than-expected results come from increased business abroad, which offseted declines in domestic sales. The company also has one acquisition on the horizon. “It's a small tech company worth several PLN million,” Filipiak explained, adding that the company wants to be one of the global leaders of the internet of things market.