December – the best month of 2018 in terms of sales at ASBIS

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 December 2018 had consolidated revenues at the level of approx. USD 204 million, compared to USD 214 million in December 2017, which is a decrease by approx. 5%.

December 2018 was the best month in terms of sales in whole 2018. 

Siarhei Kostevitch, CEO and Chairman of the Board of Directors ASBISc Enterprises Plc, commented: “It was a record year for ASBIS in terms of revenues and December was the best month of 2018 in terms of sales. Although the revenues were fractionally lower than same month last year due to the one off transaction of selling VGA cards, we are pleased with the results in 2018, when we recorded significant growths, despite the noticeable deterioration of sentiments in the markets we operate.”

„ASBIS is a robust organisation conducting business on very demanding markets, which we know very well. It was a year of hard work, which showed that we can win on very competitive markets thanks to our great product offer and our great team. We plan to continue our  business activities, flexible approach to customers’ expectations and ensure that we are on the winning side ” – added Siarhei Kostevitch

 
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,  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 1,500 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 www.asbis.com or investor.asbis.com}