ASBIS RECORDS ANOTHER SUPER NOVEMBER, GROUP IS CONFIDENT IN MEETING FORECAST FOR 2023

December 22, 2023

ASBIS, INVESTOR, SHARES, COMPANY, REVENUE

ASBIS RECORDS ANOTHER SUPER NOVEMBER, GROUP IS CONFIDENT IN MEETING FORECAST FOR 2023

Press release. Limassol, Cyprus. 22 December 2023

ASBISC Enterprises PLC, a leading Value Add Distributor, developer, and provider of ICT, IoT products, solutions, and services to the markets of Europe, the Middle East, and Africa (EMEA), according to the preliminary estimations, in November 2023 had consolidated revenues at the level of approx. USD 305 million, compared to USD 275 million in November 2022, an increase of approx. 11%.The revenues generated in November 2023 were on a comparable level to the record-breaking revenues achieved in the Group's history in November 2021 (306 million USD). 

Siarhei Kostevitch, CEO of ASBIS Group,commented: “The result for this year's November is considered very good. We practically matched our sales with the record-breaking November of 2021. This signifies not only a strategically composed product portfolio but also that our sales efforts in individual markets are yielding the intended results. We continue to expand our portfolio, strengthen our sales network by, among other things, opening new Apple stores, and increase warehouse space in distribution centers, which is essential with our growing sales. We are also confident in meeting the revenue forecast for 2023." 

Siarhei Kostevitch,added:When it comes to our sales in November 2023, we didn't observe significant changes among the sales leaders. The top-performing countries were: Kazakhstan, Slovakia, Ukraine and United Arab Emirates. Poland continues to perform exceptionally, achieving close to a 30% year-on-year revenue growth in November.”

For additional information, please contact:  

Iwona Mojsiuszko
8Sense Public Relations
Tel. +48 502 344 992
E-mail iwona.mojsiuszko@8sensepr.pl

Disclaimer: The information contained in each press release posted on this site was factually accurate on the date it was issued. While these press releases and other materials remain on the Company's website, the Company assumes no duty to update the information to reflect subsequent developments. Consequently, readers of the press releases and other materials should not rely upon the information as current or accurate after their issuance dates.