ASBIS REVENUES IN APRIL 2022 AS EXPECTED

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 April 2022 had consolidated revenues at the level of approx. USD 143 million, compared to USD 225 million in April 2021. 

Costas Tziamalis, Deputy CEO of ASBIS Group, commented: “April and May are historically the weakest months of the year in terms of sales in our industry. In addition, in April we had Easter and Ramadan, which excluded some sales days on our markets. Despite this, the achieved result is in line with our assumptions for the achievement of our forecasted numbers ”.

Costas Tziamalis, added: “In line with our declarations, ASBIS is intensifying its activities in the markets in which it has been present for years, and which so far have not been of key focus for us. We are already observing that countries such as Azerbaijan and Georgia are growing very nicely. Ukraine is also slowly starting its business activities. We see a significant increase in sales in April, compared with March,  but still far from the levels that we recorded a year earlier. The highest sales in April were recorded in Kazakhstan and Slovakia with the UAE market being on holidays due to the holiday season in April ”.

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.      Aeno (small home appliances).
    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).
    d.     Prestigio (smart devices and accessories, innovative solutions for business and education, etc.)
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 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}