Asseco South Eastern Europe S.A. (ASE) Earnings Call Transcripts

Asseco South Eastern Europe S.A.'s Latest Earnings Call - Q1 FY2026

In Q1 2026, Asseco South Eastern Europe S.A. reported a revenue growth of 6% year-over-year, reaching EUR 30 million, while operating profit increased by 15% to EUR 1.8 million. The company experienced a slowdown in net revenue growth, attributed to a decline in e-commerce and payment processing, particularly due to two major clients in Turkey moving in-house. Management maintained guidance for 2026, expecting revenue growth between 10% and 15%, supported by improved cost management and cash flow initiatives.

Reported metrics

Guidance from management

Management expects revenue growth between 10% and 15% for 2026, supported by improved cost management. They anticipate continued cash flow enhancements and a focus on M&A activity in the second half of the year.

What management said

Yes. Last year, we were pretty intensive in this CapEx. We had a quite big number of ATMs and POS replaced on contracts, which we had with clients for 5, 7, 9 years. And simply, this is a seasonal effect. So this year, we expect on forecast lower investment, this type of CapEx.

Yes. Please, any more questions? See, we are trying to answer as well as we can. Thanks. If there is no more questions, we invite you to direct contact. It will be a pleasure to talk to you, especially after the close period. And we are available for you. So reach out and we'll be in touch. And thanks for joining the conference. All the best. Bye-bye.

What analysts pressed on

Analysts expressed concerns regarding the slowdown in e-commerce and payment processing revenues, particularly the impact of losing two major clients in Turkey. There were also questions about the sustainability of cost management improvements and the effectiveness of the M&A strategy moving forward.

Main topics on the call

• Revenue Growth Dynamics — Asseco reported a 6% increase in revenue year-over-year, reaching EUR 30 million. However, management noted a slowdown in net revenue growth, stating, "we see a very good performance in Banking continuously like last yea...
• Cost Management Improvements — Management highlighted a significant slowdown in cost growth, which was "slightly below 2%" year-over-year. This was attributed to reduced salary pressures and cost optimization actions, indicating a focus on improving o...
• Cash Flow Enhancement — The company reported a substantial improvement in cash flow, with operating cash flow reaching EUR 80 million over the last 12 months. This was described as a result of a "cash focus of the managers," which is expected t...
• E-commerce Challenges — E-commerce revenues were described as "flattish" due to the loss of two major clients in Turkey, which contributed to a EUR 2.4 million revenue drop in this segment. Management is attempting to offset this decline with s...

Read the full Asseco South Eastern Europe S.A. transcript (Q1 FY2026) → Summary generated from the call transcript; every figure above is stated by management on the record.

Earnings Call History

EarningsCalls.dev has 6 Asseco South Eastern Europe S.A. earnings call transcripts on record, spanning February 17, 2025 to July 27, 2026. Based on this history, Asseco South Eastern Europe S.A. reports quarterly. The most recent call on file is dated July 27, 2026. The full list is below — each row opens the complete, free-to-read transcript.

Ticker

ASE

Exchange

WSE

Country

PL

Sector

Information Technology

Industry

IT Services

Calls on record

6

First call

February 17, 2025

Most recent

July 27, 2026

Reporting cadence

quarterly