ASBIS HAS CLOSED A VERY GOOD DECEMBER AND CONTINUES TO GROW INTENSIVELY

January 22, 2024

ASBIS, INVESTOR, SHARES, COMPANY, REVENUE

ASBIS HAS CLOSED A VERY GOOD DECEMBER AND CONTINUES TO GROW INTENSIVELY

Press release. Limassol, Cyprus. 22 January 2024

ASBISC Enterprises PLC (WSE: ASB), a leading Value Add Distributor, developer, and provider of ICT, IoT products, solutions, and services to the markets of Europe, the Middle East, and Africa (EMEA), according to the preliminary estimations, in December 2023 had consolidated revenues at the level of approx. USD 328 million, compared to USD 303 million in December 2022, an increase of approx. 8%.

This signifies that the financial forecast for 2023 at the revenue level has been achieved. 

Siarhei Kostevitch, CEO of ASBIS Group,commented: “"December was intense for ASBIS. Our revenue forecast at the revenue level has been realized. However, we do not slow down. As always, we set ambitious plans for ourselves. We are actively expanding sales not only in Central and Eastern Europe and Asia but also in Africa and Western Europe, where we invest and expect significant business. We are also strengthening our capabilities, not only in terms of products but also in logistics. This will enable us to meet the increasing demand from our customers. Despite the market slowdown, this year may be another year of intensive development for ASBIS and the strengthening of our market position." 

Siarhei Kostevitch,added:In December 2023, we saw virtually no significant changes among sales leaders. They were: Kazakhstan, Slovakia, Ukraine and the United Arab Emirates. Poland was one of the leaders in the growth of our sales, generating over 70%. year-on-year revenue growth.”

For additional information, please contact:  

Iwona Mojsiuszko
8Sense Public Relations
Tel. +48 502 344 992
E-mail iwona.mojsiuszko@8sensepr.pl

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