ASBIS continues its double-digit growth of revenue

ASBIS continues its double-digit growth of revenue

ASBISc Enterprises Plc, a leading distributor of IT products on emerging markets of Europe, the Middle East and Africa, according to the preliminary estimations, in October 2018 had consolidated revenues at the level of approx. USD 170 million, compared to USD 138 million in October 2017, which is an increase by approx. 23%.

Limassol, Cyprus; Warsaw, Poland; 21 November 2018 - Siarhei Kostevitch, CEO and Chairman of the Board of Directors ASBISc Enterprises Plc, commented: “Another month finished and the group has shown significant growth rates which leaves the management team very satisfied. The group has invested, throughout the year, in the right business model and together with the right product mix has managed to achieve unique growth. ASBIS is a unique organization that can adapt very quickly to conditions and, despite its size, flexibly respond to market needs. That is why this year we worked very hard to strengthen our position on the markets of our activity. This brings the expected results. Thanks to this and thanks to the implementation of an effective strategy, we are still growing.”


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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, selling to 60 countries worldwide currently.

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, Multi-boards etc.), Canyon (MP3 players, networking products and other peripheral devices) and Perenio („IoT”).

ASBIS has subsidiaries in 24 countries, about 1,500 employees and 30,000 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 or


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