ASBIS PUBLISHES REVENUE FOR NOVEMBER 2022 AND SHOWS CERTAINTY ABOUT THE FORECAST'S REALIZATION

ASBISc Enterprises Plc, 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 November 2022 had consolidated revenues at the level of approx. USD 275 million, compared to USD 306 million in November 2021, representing a decrease of only approx. 10% YoY. 

Costas Tziamalis, Deputy CEO of ASBIS Group,commented: “Our revenues in November are in line with our expectations and confirm that ASBIS is confident about meeting the increased revenue and profitability forecast for 2022. The clear sales leader in November was Kazakhstan, followed by Slovakia and Ukraine, which is back on the podium after a difficult October. Poland is also doing very well, with a sales increase  compared to the same period last year. We have an ambitious sales plan for December, and we are ready to fulfill all orders from our customers.” 

Costas Tziamalis added: “In November, the best-selling product category was smartphones, and accessories ” 

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 ICT, 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.     Cron Robotics (building own solutions in the robotics segment, including cobots).
    d.     Perenio (IoT platform, IoT routers, applications and peripherals for smart office/ home, smart health).
    e.     Prestigio (smart devices and accessories, innovative solutions for business and education, etc.)
    f.     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}