PRESS RELEASE - 21 April 2023. Limassol, Cyprus

ASBISc Enterprises Plc, a leading Value Add Distributor, developer, and provider of ICT, IoT products, solutions, and services to the markets of Europe, the Middle East, and Africa (EMEA), according to the preliminary estimations, in March 2023 had consolidated revenues at the level of approx. USD 269 million, compared to USD 209 million in March 2022, an increase of approx. 29% and an increase of about 17% compared to February 2023.

March 2023 was the best March in the history of the company in terms of monthly sales. 

Costas Tziamalis, Deputy CEO of ASBIS Group,commented:“Our very high March revenues prove that the ASBIS strategy is right and its implementation is proceeding according to plan. Of course, March 2022 was the first month of the war in Ukraine, so last year's revenues were relatively low, but this year we not only topped that base, but also generated a record monthly revenue ever achieved in March. It is a great success that we are very happy about. So we continue our activities. We have a clear goal ahead of us, i.e. the implementation of an ambitious forecast for 2023.” 

Costas Tziamalis added:“When it comes to our sales in March 2023, Kazakhstan was the clear leader in sales, followed by Ukraine, Slovakia and UAE. Ukraine recorded the largest increase in sales, but this is due to the very low comparison base last year. Poland also did very well in March, increasing sales compared to March 2022. The best-selling product categories in March were: smartphones, processors and laptops.”

For additional information, please contact:  

Iwona Mojsiuszko
8Sense Public Relations
Tel. +48 502 344 992

About ASBISc Enterprises Plc 

ASBIS Group is a leading Value Add Distributor, developer and provider of ICT, 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. 

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.     Cron Robotics (building own solutions in the robotics segment, including cobots).
    d.     Lorgar (accessories for gaming and streaming)
    e.     Perenio (IoT platform, IoT routers, applications and peripherals for smart office/ home, smart health).
    f.     Prestigio (smart devices and accessories, innovative solutions for business and education, etc.)
    d.     Prestigio Solutions (innovative technological solutions for business and education)
3.     Complex solutions sales projects to large enterprises via extensive networks of System Integrators and Value Add Resellers. 

ASBIS was founded in 1990 in Belarus, since 1995 operates from Cyprus. Company has 2 main distribution centers in the world located in the Czech Republic and the United Arab Emirates and 2 regional distribution centers (Georgia, South Africa), subsidiaries in 28 countries, more than 2,200 employees and about, 20 000 active customers in 60 countries worldwide. In 2022, the Group delivered sales of close to USD 2.7 billion.

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

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