ASBIS recorded 49-proc. sales growth in January 2020

ASBISc Enterprises Plc, a leading distributor of IT products on emerging markets of Europe, the Middle East and Africa, and producer of brands: Prestigio, Canyon and Perenio, according to the preliminary estimations, in January 2020 had consolidated revenues at the level of approx. USD 175 million, compared to USD 117 million in January 2019, which is an increase by approx. 49%.

Siarhei Kostevitch, CEO and Chairman of the Board of Directors ASBISc Enterprises Plc, commented: “The year 2020 started very well for ASBIS. Already in the first month we worked out 49 percent of revenue growth compared to the same period last year, however, we must remember that the beginning of last year was a period of slowdown in IT business. We are very happy about this growth, which means that after a very successful end of 2019, ASBIS is still in very good shape and is generating an increase in sales. This year promises to be quite interesting for us, we expect it to be another good year for our entire Group"

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}

^{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 and currently selling to 60 countries worldwide.}

^{The Group distributes products of many vendors, and manufactures and sells own brands products: Prestigio (smartphones, tablets, external storage,, GPS devices, car-DVRs, multi-boards etc.), Canyon (power banks, networking products and other peripheral devices), Perenio („IoT”) and Atlantech (servers, data storage, data center solutions).}

^{ASBIS has subsidiaries in 26 countries, more than 1,700 employees and about 30,000 customers. In 2018, sales reached almost USD 2.1 billion.}

^{The Company’s stock has been listed on the Warsaw Stock Exchange since October 2007 under the ticker symbol “ASB” (ASBIS).}

^{For more information, also visit the Company’s website at www.asbis.com or investor.asbis.com}