According to CEO Ondřej Vlček, the organic growth in the volume of invoicing and the level of profitability were in line with the outlook. “Invoicing volume was USD 483.7 million (approx. CZK 11.6 billion) and increased by 0.2 percent at current exchange rates, with organic growth of 6.9 percent, which is in line with our full-year forecast of mid-point units ,” he stated.
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The consumer segment and the small and medium business segment contributed $446.7 million and $25.3 million, respectively, to total sales. Adjusted EBITDA margin decreased to 52.9 percent. It was influenced by high investments in customer acquisition and retention, in the Digital Trust Services (DTS) segment and the acquisition of SecureKey.
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In March, Avast announced that it was suspending its operations in Russia and Belarus, which will have the effect of slowing organic revenue growth this year. The company focused on offering its integrated Avast One solution, which combines antivirus technology, a virtual private network and identity protection tools.
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At the beginning of August, the British Antimonopoly Authority (CMA) tentatively approved the takeover of Avast by the American software company NortonLifeLock for USD 8.6 billion (CZK 208.6 billion). The office will issue a final decision on September 8.
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Program anti-virus advanced set
Avast is a Czech multinational antivirus company that has been operating on the market since 1988. In the late 1980s, two Czech computer enthusiasts, Eduard Kučera and Pavel Baudiš, created a program they called anti-virus advanced set (AVAST). It became very popular during its existence.
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One of the reasons is certainly the fact that the company offers it for home and non-commercial use for free. The program is equipped with a great user interface that is very intuitive. You can easily search for viruses and spyware on the hard disk directly from the program window, but there is also the option of scheduling an automatic disk scan or a resident shield that monitors the security of the operating system in the background during normal work.
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Avast Free Antivirus
Photo: archive of the manufacturer
The main advantage of the antivirus is primarily the low operating requirements, which, unlike some competing solutions, do not unnecessarily reduce the performance of the entire computer. This will be especially appreciated by owners of older PCs that are not as powerful.
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Avast products are used by over 435 million users worldwide, largely free of charge. The firm says it employs more than 1,700 people and that it blocks 1.5 billion cyberattacks every month.
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