ASBIS RECORDED A VERY HIGH SEPTEMBER 2021

ASBISc Enterprises Plc, a leading Value-Added Distributor, developer and supplier of IT and IoT products, solutions and services in the growing markets of Europe, Middle East and Africa, according to the preliminary estimations, in September 2021 had consolidated revenues at the level of approx. USD 244 million, compared to USD 231 million in September 2020, representing an increase of approx. 5%. 

Costas Tziamalis, Management Board Member and IR and Risk Director of ASBISc Enterprises Plc, commented: “September 2020 was one of the strongest months in terms of sales last year. Despite this, we generated higher revenues in September 2021, which we consider a big success given the current circumstances, which is overall unstable situation with pandemic, shortages and the price growths in all products.. Our profitability is not falling, because of our very good product portfolio and our dominant market position in many of our markets. The current shortages observed do not affect our results which in September, once again exceeded our expectations. We are already in the fourth quarter, which is the best for our industry, and we are very satisfied with the current level of revenues.” 

Costas Tziamalis added: “The products that recorded the highest increase in sales in September 2021 were CPUs, Accessories and Smartphones, which seem to be mostly demanded especially following the introduction of the new series of products by the world’s leader, Apple; of which we are the official distributor in 11 of our markets.”

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 IT, 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.     Prestigio (smart devices and accessories, innovative solutions for business and education, etc.)
    b.     Canyon (smart watches, power banks, accessories for computers and mobile devices)
    c.      Perenio (IoT platform, IoT routers, applications and peripherals for smart office/ home, smart health).
3.     Complex solutions sales projects to large enterprises via extensive networks of System Integrators and Value Add Resellers.</sup> 

^{ASBIS was founded in 1990 in Belarus, 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 2,000 employees and about, 20 000 active customers in 56 countries worldwide. In 2020, the Group delivered sales of nearly USD 2.4 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}