April another month of double-digit growth of ASBIS revenues

May 22, 2018

PRESS-RELEASE

April another month of double-digit growth of ASBIS revenues

ASBISc Enterprises Plc, a leading distributor of IT products on emerging markets of Europe, the Middle East and Africa, according to preliminary estimations, in April 2018 had consolidated revenues at the level of approx. USD 123 million, compared to USD 79 million in April 2017, which is an increase by approx. 55%.

Limassol, Cyprus, 22 April 2018 - Siarhei Kostevitch, CEO and Chairman of the Board of Directors ASBISc Enterprises Plc, commented:We are observing a continuous increase in the demand for products distributed by us. The strong revenues continue across all markets we operate, however the largest growth is observed in the FSU region. Additionally, CEE has continued its strong performance and made April another month of double-digit increases in our sales this year. It is undoubtedly a very satisfactory result which allow the management of our organization to feel proud, for managing the company to come out of the crisis much stronger.”

 

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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