Over 50-percent. increase of ASBIS revenues in march 2018

April 20, 2018

Over 50-percent. increase of ASBIS revenues in march 2018

ASBISc Enterprises Plc, a leading distributor of IT products on emerging markets of Europe, the Middle East and Africa, according to preliminary estimations, in March 2018 had consolidated revenues at the level of approx. USD 165 million, compared to USD 106 million in March 2017, which is an increase by approx. 56%.

March is another month of dynamic growth in ASBIS revenues, which confirms that we are stronger than ever. We are happy to see all major product lines increase their sales in all countries of operations. In March, we managed to implement very large orders for the supply of IT products, which, combined with the continuous demand for Apple products, have led such growth rates - said Siarhei Kostevitch, CEO and Chairman of the Board of Directors ASBISc Enterprises Plc.

    

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 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. Established in 1990, the Company has a presence in Central and Eastern Europe, the Baltic States, the Former Soviet Union, the Middle East and North Africa, selling to 60 countries worldwide.

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, Multiboards etc.) and Canyon (MP3 players, networking products and other peripheral devices).

ASBIS has subsidiaries in 24 countries, about 1,100 employees and 32,000 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

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