In December 2019, ASBIS records best month ever by beating the results of December 2018 by 36%

ASBISc Enterprises Plc, a leading distributor of IT products on emerging markets of Europe, the Middle East and Africa, and producer of brands: Prestigio, Canyon, Perenio and Atlantech, according to preliminary estimations, in December 2019 had consolidated revenues at the level of approx. USD 274 million, as compared to USD 201 million in December 2018, which is an increase by approx. 36%.

Siarhei Kostevitch, CEO and Chairman of the Board of Directors of ASBISc Enterprises Plc, commented:

“We are very pleased with the results achieved not only in December, but also in the whole of 2019. We have recorded very good financial results, despite the visible slowdown in the IT market. Thanks to the efforts of the whole team, in the last month of 2019 we've increased by 36% the revenues in comparison to December 2018, generating the best record sales in a month, throughout our 25 year history. I am very proud of the whole team that was able to quickly adapt to the market and work out such a fantastic result. Looking at our results, it is clear that our sales have exceeded the upper limit of financial forecast for 2019 we announced.”

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 and currently selling to 60 countries worldwide.} 

^{The Group distributes products of many vendors, and manufactures and sells own brands products: Prestigio (smartphones, tablets, external storage,, GPS devices, car-DVRs, multi-boards etc.), Canyon (power banks, networking products and other peripheral devices), Perenio („IoT”) and Atlantech (servers, data storage, data center solutions).}

^{ASBIS has subsidiaries in 26 countries, more than 1,700 employees and about 30,000 customers. In 2018, sales reached almost USD 2.1 billion.}

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