ASBIS in a very good shape ready for a challenging IV quarter

September 21, 2018


ASBIS in a very good shape ready for a challenging IV quarter

ASBISc Enterprises Plc, a leading distributor of IT products on emerging markets of Europe, the Middle East and Africa, according to the preliminary estimations, in August 2018 had consolidated revenues at the level of approx. USD 188 million, compared to USD 133 million in August 2017, which is an increase of approx. 41%.

Limassol, Cyprus, Warsaw, Poland, 21 September 2018 - Siarhei Kostevitch, CEO and Chairman of the Board of Directors ASBISc Enterprises Plc, commented: “The high growth in revenues continues and this leaves the management team extremely satisfied. The countries of the Former Soviet Union are recording the highest increase in sales among all the countries in which we operate. The demand for the products we offer remains robust and the company is able to gain market share. We expect that this trend will continue throughout the entire third quarter. It is very important for the group that European markets, especially Central and Eastern Europe, and the Middle East and Africa, also are doing well in terms of revenue growths. Our efforts to enhance our product portfolio pays off and we are entering the busiest period in our industry in terms of sales, strengthened and prepared for even harder work. We are expecting that significant growth of our revenue will continue throughout the year”.


For additional information, please contact:

Iwona Mojsiuszko

8Sense Public Relations

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About ASBISc Enterprises Plc

ASBISc Enterprises Plc is one of the leading distributors of IT industry products in the emerging markets of Europe, the Middle East and Africa (EMEA): Central and Eastern Europe, the Baltic republics, the former Soviet Union, the Middle East and North Africa, combining a wide range geographical operations with a wide portfolio of products distributed in the "one-stop-shop" model.

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. The Company was established in 1990, selling to 60 countries worldwide currently.

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, Multi-boards etc.), Canyon (MP3 players, networking products and other peripheral devices) and Perenio („IoT”).

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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