PRESS RELEASE - 29 March 2023. Limassol, Cyprus

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),announced that the Board of Directors of ASBISc Enterprises decided today to recommend to the upcoming Annual General Meeting of Shareholders the payment of the final dividend from profits for 2022 in the amount of USD 0.25 per share. This means that, together with the interim dividend, the amount of dividend from profits for 2022 may amount to USD 0.45 per share, i.e. it will be the highest dividend paid to shareholders in the history of ASBIS.

On December 1, 2022, the Company paid shareholders an interim dividend of USD 0.20 per share from 2022 net profit.

The dividend covers all 55,500,000 shares of the Company. The Company decided not to pay dividend out of the treasury stock. 

Serhei Kostevitch, CEO of ASBIS Group, commented: “ASBIS has been paying dividends continuously for 7 years, and we consider this is an important element of our policy of appreciating the company's shareholders. Despite the difficulties and uncertainties at the beginning of the year, we closed a really very good year, especially in terms of profitability, which is why we decided to recommend a dividend at a record high level. When determining the level of the dividend, we also took into account the investments that await us this year - further expansion of our emerging Central Asian markets, strengthening our position in Western Europe, entering the African markets and, of course, intensive development of ASBIS Robotic Solutions. I am convinced that this year will also be good for us, which will also benefit our shareholders.”

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 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. 

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.     Lorgar (accessories for gaming and streaming)
    e.     Perenio (IoT platform, IoT routers, applications and peripherals for smart office/ home, smart health).
    f.     Prestigio (smart devices and accessories, innovative solutions for business and education, etc.)
    d.     Prestigio Solutions (innovative technological solutions for business and education)
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 2 main distribution centers in the world located in the Czech Republic and the United Arab Emirates and 2 regional distribution centers (Georgia, South Africa), subsidiaries in 28 countries, more than 2,200 employees and about, 20 000 active customers in 60 countries worldwide. In 2022, the Group delivered sales of close to USD 2.7 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: 

Disclaimer: The information contained in each press release posted on this site was factually accurate on the date it was issued. While these press releases and other materials remain on the Company's website, the Company assumes no duty to update the information to reflect subsequent developments. Consequently, readers of the press releases and other materials should not rely upon the information as current or accurate after their issuance dates.