ASOZF News and Press, Asseco Poland SA

2024-04-16 10:44:48 ET Summary Sapiens is seeing the promised margin lift from growing recurring revenue in the mix. New customers seem to be coming in at a constant pace, with growth driven by the Nordics. They are changing their billing and revenue recognition model in a typ...

2024-04-15 11:57:28 ET Summary Asseco Poland is an under-the-radar pick in the Polish markets, strategically exposed to Israel's defense budget and cybersecurity. The company's tech consulting and software businesses are experiencing growth in revenues, particularly in financials ...

2023-12-21 13:27:38 ET Summary Asseco Poland continues to generate strong organic growth and is undervalued, leading to a well-received buyback programme by us. The company's earnings showed growth on a constant currency basis, with both their directly managed businesses as well a...

2023-09-03 10:29:23 ET Summary Asseco Poland is facing concerns due to inflation and higher interest rates, limiting their ability to drive profitable growth. There is a decline in revenue growth, particularly in their businesses outside of Poland and in the banking and finance se...

2023-08-07 15:21:43 ET Summary MGIC has resilient end markets and is likely to keep putting in stable performances in the upcoming quarters. The price has languished, and the multiple has started turning lower. FX effects have hit headline figures, but underlying business momentum...

Summary Formula Systems is a holding company comprised of income from Israeli and US tech and IT businesses, Sapiens International, Magic Software, and Matrix. There are substantial non-controlling interests because they have technical control without dominating ownership, so to keep it...

Summary Digital transformation is a buzzword but it has substance, and companies are needing both the soft and the hard elements of the tech consulting services Capgemini offers. Q4 growth is still good at double-digit rates in revenue, and book to bill revenues in Q4 are higher than th...

ETF investors are looking for safety, and EPOL already has some complicated exposures. While there could be more to the story, given the typical risk profile of ETF investors, they need to take care around EPOL. Legal risks for major lenders and a decent amount of refining exposur...

Magic Software has about 80% of its revenue coming from long-term engagements with current clients. Growth is being driven by the signing of contracts with new clients primarily in healthcare and defense. These resilient industries are creating an attractive revenue platform for t...

Cloud remains one of the best modes of delivering products and services, and the infrastructure to support it becomes increasingly key. However, cloud stocks are likely to carry higher multiples because of the growth expectations baked into their prices. Below we give a couple of ...