WARSAW, March 19 (Reuters) - Eastern Europe's top software maker Asseco Poland's net profit grew 11 percent in 2010 to 415.1 million zlotys ($144 million), as a one-off tax reversal outweighed acquisition costs and goodwill write-offs.
The group's profit in the fourth quarter stood at 99.9 million zlotys, according to Reuters calculations, slightly beating analysts' expectations of a profit of 97 million.
Last month, Asseco CEO said the company might surprise with 2011 net profit growth and has as much as $250 million to spend on takeovers, planning to continue its buying spree.
The group's multi-year takeover record diversified its client portfolio away from the original banking industry and helped it to weather the worst of recent financial storm. Nevertheless margins suffered, especially at Asseco's foreign units.
Asseco also mulls entering the Nasdaq after it bought Nasdaq-listed Formula Systems . ($1=2.874 Zloty) (Reporting by Patryk Wasilewski; Editing by Manash Goswami) (Created by Manash Goswami)