Continuation of the double-digit growth of revenue in May

June 21, 2018


Continuation of the double-digit growth of revenue in May

ASBISc Enterprises Plc, a leading distributor of IT products on emerging markets of Europe, the Middle East and Africa, according to preliminary estimations, in May 2018 had consolidated revenues at the level of approx. USD 161 million, compared to USD 92 million in May 2017, which is an increase by approx. 75%.

Limassol, Cyprus, 21 June 2018 - Siarhei Kostevitch, CEO and Chairman of the Board of Directors ASBISc Enterprises Plc, commented: “May is another month of double-digit growth of our revenue. This confirms that our strategy and its consistent implementation deliver the expected results. The increase in revenues was visible  on all markets of our operations, however, as usual, our sales in the region of the former Soviet Union had the largest share. The strong demand on smartphones was coupled with significant increases in sales of several product lines. We see the continuation of this trend now which allow us to be optimistic for the future periods.” 


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Iwona Mojsiuszko

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About ASBISc Enterprises Plc

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. Established in 1990, the Company has a presence in Central and Eastern Europe, the Baltic States, the Former Soviet Union, the Middle East and North Africa, selling to 60 countries worldwide. 

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, Multiboards etc.) and Canyon (MP3 players, networking products and other peripheral devices).

ASBIS has subsidiaries in 24 countries, about 1,300 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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