ASBIS DELIVERS HIGH REVENUE IN AUGUST 2022 AND CONTINUES TO DEVELOP ITS PRODUCT OFFERING

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 August 2022 had consolidated revenues at the level of approx. USD 207 million, compared to USD 243 million in August 2021. 

Costas Tziamalis, Deputy CEO of ASBIS Group,commented: “ASBIS is not slowing down and generates very high revenues every month, which exceed our expectations. In August, Kazakhstan, Slovakia and the Middle East generated the highest sales. These directions are developing very well now. We are also developing our business in Adriatic and Balkans regions. In our opinion, all the markets in which we operate have good growth potential, however, in different segments. That is why we are constantly developing the product portfolio, both classic distribution and VAD. We are also looking for new product segments that will perfectly complement our business and will be well received in our distribution network.” 

Costas Tziamalis added: “When it comes to the most popular products in August, smartphones, processors and laptops were the best sellers. The new iPhone 14, together with the new Apple products have already debuted, and they will be available for sale in our markets in October. We very much look forward to it”.

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.} 

<sup>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.      Aeno (small home appliances).
    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).
    d.     Prestigio (smart devices and accessories, innovative solutions for business and education, etc.)
    e.     Lorgar (accessories for gaming and streaming)
3.     Complex solutions sales projects to large enterprises via extensive networks of System Integrators and Value Add Resellers.</sup> 

^{ASBIS was founded in 1990, 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, more than 2,200 employees and about, 20 000 active customers in 56 countries worldwide. In 2021, the Group delivered sales of close to USD 3.1 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}