Finishing the year in style, another record of monthly revenues for ASBIS in December 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 December 2020 had consolidated revenues at the level of approx. USD 343 million, compared to USD 265 million in December 2019, representing an increase of approx. 29%. 

Siarhei Kostevitch, CEO and Chairman of the Board of Directors ASBISc Enterprises Plc, commented:“December 2020 exceeded our expectations and was the best month in terms of revenues in our history. Thus, we broke the record from a month ago, when our revenues amounted to USD 302 million. The entire year 2020 will also be record-breaking in terms of both revenues and profits. Now our focus is already on 2021, which started very well for us. The company is capitalizing on its core strength and building new foundations for the future. We have entered in 2021 stronger than ever and we plan to continue our success. We are not slowing down, on the contrary, we are ready for further, dynamic development of our sales. 

Siarhei Kostevitch added: “In December, all our product lines recorded high increases in revenues. The products that were the biggest growth drivers were smartphones, processors and accessories. In smartphones, the most wanted was the iPhone 12 series, the latest Apple models, which was proven bestseller in the markets where we are the main distributor of this company's products.”

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 56 countries worldwide.}

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

^{ASBIS has subsidiaries in 27 countries, more than 1,800 employees and about 20,000 customers. In 2019, sales exceeded USD 1.9 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}