ASBIS closed the best June in history, increase in revenues by nearly 30% YoY

July 21, 2023


ASBIS closed the best June in history, increase in revenues by nearly 30% YoY

PRESS RELEASE - 21 July 2023. Limassol, Cyprus

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 June 2023 had consolidated revenues at the level of approx. USD 267 million, compared to USD 207 million in June 2022, an increase of approx. 29%.

Costas Tziamalis, Deputy CEO of ASBIS Group, commented: “We closed the best June in our history. It was not only nearly 30% higher than last year's June, but also 12% higher than the record-breaking June in 2021. This is a remarkable achievement, especially since the second quarter of the year is usually the weakest in the entire calendar year. The growth leaders were: Kazakhstan, Ukraine and Slovakia. Poland also did very well compared to last year. We are not slowing down, we are still dynamically developing our operations in the countries of the Caucasus, but we are also strong in some countries of Central and Eastern Europe, such as Slovakia, where we have a leading position.”  

Costas Tziamalis added: “As for our sales in June the best-selling product categories were: smartphones, processors and laptops, in particular MacBooks.”

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