Good November in ASBIS

Good November in ASBIS

ASBISc Enterprises Plc, a leading distributor of IT products on emerging markets of Europe, the Middle East and Africa, according to the preliminary estimations, in November 2018 had consolidated revenues at the level of approx. USD 201 million, compared to USD 190 million in November 2017, which is an increase by approx. 6%.

Limassol, Cyprus; Warsaw, Poland; 21 December 2018 -  Siarhei Kostevitch, CEO and Chairman of the Board of Directors ASBISc Enterprises Plc, commented: “We have closed November with good sales, despite the serious deterioration of the market sentiment during the month. We have prepared the company for the final month of the year which we expect to deliver good results. We have recorded large sales increases throughout the year, which is why this year will be one of the best in the Company's history. ASBIS wins this year with a very good organization, a great product offering and a flexible approach to customer expectations. Despite our scale of operations, we are able to react quickly to market changes, which gives us an advantage over our competitors. We will continue this strategy.
 

For additional information, please contact:  

Iwona Mojsiuszko

8Sense Public Relations

Tel. +48 502 344 992

E-mail iwona.mojsiuszko@8sensepr.pl          

 

About ASBISc Enterprises Plc

ASBISc Enterprises Plc is one of the leading distributors of IT industry products in the emerging markets of Europe, the Middle East and Africa (EMEA): Central and Eastern Europe, the Baltic republics, the former Soviet Union, the Middle East and North Africa, combining a wide range geographical operations with a wide portfolio of products distributed in the "one-stop-shop" model.

ASBISc Enterprises Plc is based in Cyprus and specializes in the distribution of computer hardware and software, mobile solutions, IT components and peripherals, and a wide range of IT products and digital equipment. The Company was established in 1990, selling to 60 countries worldwide currently. 

The Group distributes products of many vendors, and manufactures and sells private-label products: Prestigio (smartphones, tablets, external storage, leather-coated USB accessories, GPS devices, Car-DVRs, Multi-boards etc.), Canyon (MP3 players, networking products and other peripheral devices) and Perenio („IoT”).

ASBIS has subsidiaries in 24 countries, about 1,500 employees and 30,000 customers.

The Company’s stock has been listed on the Warsaw Stock Exchange since October 2007 under the ticker symbol “ASB” (ASBIS).

For more information, also visit the Company’s website at www.asbis.com or investor.asbis.com

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.