ANOTHER RECORD OF ASBIS MONTHLY REVENUES - IN APRIL 2021 INCREASE BY 152% YOY

ANOTHER RECORD OF ASBIS MONTHLY REVENUES - IN APRIL 2021 INCREASE BY 152% YOY

PRESS RELEASE -20 May 2021; Limassol, Cyprus, and Warsaw, Poland

ASBISc Enterprises Plc, a leading distributor of IT and CE products on emerging markets of Europe, the Middle East and Africa, and producer of brands: Prestigio, Canyon and Perenio, according to the preliminary estimations, in April 2021 had consolidated revenues at the level of approx. USD 230 million, compared to USD 91 million in April 2020, representing an increase of approx. 152%. 

Serhei Kostevitch, CEO and Chairman of the Board of Directors ASBISc Enterprises Plc, commented:“April last year was the month when most of our markets were closed, so we felt the impact of the pandemic on our sales the most. The result of April this year represent the current dynamics of the company. We have always repeated that in the absence of pandemic we would have delivered more revenues. The low base of April last year has allowed the super growth rate of the current year.” 

Serhei Kostevitch added: “In April, all product lines recorded extremely high sales increases. The highest growth rates were recorded in accessories , processors, SSDs and smartphones.”

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 56 countries worldwide.

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

ASBIS has subsidiaries in 28 countries, more than 1,800 employees and about 20,000 customers. In 2020, the Group recorded record sales of nearly USD 2.4 billion.

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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