The key element of care for increasing the Company’s value is implementation of the above strategy within the scope of operational activities, which are intended to lead to stable growth in revenue and profits. The next two years should be crucial for achieving this objective due to the accumulated capital in the form of many new and promising products created in the Group.
The Company will also seek to conclude favourable cooperation agreements with both supplier counterparties and customers of technologies and products created in the Group’s laboratories. Good relations with counterparties will, in the opinion of the Management Board, contribute to mutual success. Examples of such relations are partnership agreements concerning innovative projects, signed recently with Apator S.A. and NASK S.A.
An essential element of the increase in the value of the Company is the construction of its brand. We intend to continue to build the brand of Atende and the Atende Group through active participation in prestigious conferences, congresses and other events, while always emphasising our particular position in the hierarchy of high technology companies and that of a company with uncompromising business ethics. We intend to continue to support the University of Warsaw in organising the annual Science Festival and other pro-educational activities aimed at creating Polish IT potential from the ground up. We are also planning to support the leading cultural institutions and high culture projects, inter alia by retaining the patronage of the Polish Theatre in Warsaw and the Silesia Theatre in Katowice.
The Issuer will also take care of the shape of the Group’s structure, seeking synergies in cooperation between its companies. On 27 December 2019, an agreement was concluded for the sale of all shares of the Issuer in Sputnik Software, for the amount of PLN 16.2 million. The obtained funds can be used to finance the development or acquisition of companies which will, in a short run, bring strengthening of the Group’s market position and increase in the profits.
Both the Issuer and all companies of the Group intend to pay much attention to care for the employees, their continuing education and a good working culture. We are planning to continue to successfully select the most talented workers from the market and their development in line with the principle that the most important company capital is human capital.
The Issuer intends to continue to finance development in a secure manner, while attempting to limit itself solely to using its own resources. We believe that keeping debt at a low level is the key to financial stability of the Company. The expected effect of the strategy described above is a sustainable combination of a stable dividend policy with rational funding of initiatives oriented towards the growth of the Company’s value and consistent development of the brand’s value.