PRESS RELEASE -21 September 2021; Limassol, Cyprus, and Warsaw, Poland

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 2021 had consolidated revenues at the level of approx. USD 243 million, compared to USD 206 million in August 2020, representing an increase of approx. 18%. 

Costas Tziamalis, Management Board Member and IR and Risk Director of ASBISc Enterprises Plc, commented: “August is usually still a month of the holiday slowdown in our industry, but this year sales was very high - it was the second, after March, the best month in terms of revenues this year. We have delivered a solid 18 percent an increase in revenues that we are extremely satisfied with and aligned with our plans. The months ahead will be very important to us, as we are entering the most intense and busy period for our industry. We are very well prepared for it and we look forward to it. 

Costas Tziamalis added: “The products with the highest growth rates in August 2021 were accessories and laptops, especially the MacBook Air. When it comes to the geographical structure of sales, the usual 5 strong countries with the highest revenues stood out: Russia, Ukraine, Kazakhstan, Slovakia and the Middle East. Poland was also doing very well, with a significant increase in sales in August when comparing it with the revenues generated by our Polish subsidiary in July and August last year, it can be seen that in August 2021 these revenues were almost doubled.”

For additional information, please contact:  

Iwona Mojsiuszko
8Sense Public Relations
Tel. +48 502 344 992

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, more than 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). 

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