ASBIS CONTINUES STRONG DOUBLE-DIGIT GROWTH OF REVENUES IN JUNE 2021

ASBISc Enterprises Plc, a leading Value-Added Distributor, developer and supplier of IT and IoT products, solutions and services in the growing markets of Europe, Middle East and Africa, according to the preliminary estimations, in June 2021 had consolidated revenues at the level of approx. USD 240 million, compared to USD 168 million in June 2020, representing an increase of approx. 43%. 

Serhei Kostevitch, CEO and Chairman of the Board of Directors ASBISc Enterprises Plc, commented: “June is another month of very high increases in our revenues. The strong increase in revenues confirm the dominant position of the Group and its ability to capitalize in all market conditions and take advantage of all granted opportunities.. These results are higher than our expectations and should they continue we shall amend the published forecast. 

Serhei Kostevitch added: “June was another month in which virtually all product lines recorded very high sales increases. The best-selling products were, processors, HDDs and smartphones. In June we also introduced  our latest product – Perenio Ionic Shield. It is a class I medical device against the known coronaviruses, i.e. it is a response to the present times. We have already completed the first orders, further commercialization is underway.”  

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} 

^{ASBIS Group is a leading Value Add Distributor, developer and provider of IT, IoT products, solutions and services to the markets of Europe, the Middle East and Africa (EMEA) with local operations in Central and Eastern Europe, the Baltic republics, the former Soviet Union, the Middle East and North Africa.} 

^{The business of ASBIS is based on three pillars:}

^{1. Distribution of hardware and software for Client Computing and Data Centers, consumer electronics thru:
    a.   Retail chains and e-tailers
    b.   Resellers to small and medium business
    c.   Large enterprises.}

^{2. Full stack in creation of world class products. From scientific research and development to design and engineering, firmware and software, production and marketing of IT and IoT products and solutions via own brands:}

    ^{a.     Prestigio (smart devices and accessories, innovative solutions for business and education, etc.)
    b.     Canyon (smart watches, power banks, accessories for computers and mobile devices)
    c.      Perenio (IoT platform, IoT routers, applications and peripherals for smart office/ home, smart health).}

^{3.     Complex solutions sales projects to large enterprises via extensive networks of System Integrators and Value Add Resellers.} 

^{ASBIS was founded in 1990 in Belarus, since 1995 operates from Cyprus. Company has two master distribution centers located in the Czech Republic and in the United Arab Emirates, subsidiaries in 27 countries, close to 2,000 employees and about, 20 000 active customers in 56 countries worldwide. In 2020, the Group delivered 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 news and information visit: www.asbis.com}