Asseco Business Solutions (ABS) H1 2026 earnings summary

Executive summary

• Revenue for HY 2026 reached PLN 246.1M, up 14.8% year-over-year, with strong growth in both domestic and international markets.

• Net profit for HY 2026 was PLN 72.0M, a 40.5% increase year-over-year.

• EBITDA rose 36.0% to PLN 102.0M, and EBIT increased 44.6% to PLN 79.8M for HY 2026.

• The company operates primarily in the ERP systems segment, which accounts for over 97% of total revenues.

• No significant direct impact from geopolitical tensions was observed, though potential risks remain.

Financial highlights

• HY 2026 EBITDA margin was 41.4%, up 6.4 percentage points year-over-year.

• Net margin for HY 2026 improved to 29.3%, up 5.4 percentage points year-over-year.

• Q2 2026 revenues were PLN 115.8M, up 9.2% from Q2 2025; Q2 2026 net profit rose 32.8% to PLN 32.95M.

• Gross profit on sales reached PLN 110.4M versus PLN 86.4M a year earlier.

• Earnings per share for the period were PLN 2.19, up from PLN 1.56.

Outlook and guidance

• Backlog at end of HY 2026 was PLN 425.9M, covering 89.0% of 2025 sales, indicating strong future revenue visibility.

• The company continues to monitor geopolitical risks and is prepared to adapt operations if necessary.

• A new incentive scheme for 2027-2029 was adopted after the reporting period, aiming to enhance long-term performance.