NOVEMBER 2021 THE BEST MONTH IN THE HISTORY OF ASBIS, REVENUE BEATING EXPECTATIONS

 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 November 2021, in terms of revenues, it outperformed the exceptionally high November of last year and generated consolidated revenues at the level of approximately USD 306 million (compared to USD 302 million in November 2020). This implies that November this year, was the best November ever in terms of revenues not only in 2021, but in the entire history of ASBIS. 

Costas Tziamalis, Management Board Member and IR and Risk Director of ASBISc Enterprises Plc, commented:“November this year was the best in terms of revenues in our history. We managed to beat last year's November which was exceptionally good and outperformed the expectations of the market. Given the fact that last year November was hugely affected by the pandemic generated demand, we consider the result of November 2021 exceptionally good and beyond our expectations. This result allow us to be on target to reach our stretched forecast in revenues. All our companies operate at full speed, which will translate into our final financial results. 

Costas Tziamalis added: “The products that recorded the highest increase in sales in November 2021 were accessories, Solid State Drives and smartphones.”

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).
    d.      Aeno (small home appliances).
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}