ASBIS sets another record for best May ever

ASBIS Group (WSE: ASB) - 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 preliminary estimates, in May 2024 had consolidated revenues at the level of approx. USD 228 million, compared to USD 224 million in May 2023, an increase of approx. 2%. Thus, ASBIS set a new May record, surpassing last year's monthly sales result.

Siarhei Kostevitch, CEO of ASBIS Group, commented: “We have managed to beat our record from May last year, making May 2024 the best May in our history. This is truly a massive achievement within the Group, given the challenges we currently face. The countries with the highest sales in May remain stable with Kazakhstan leading the way, with other markets like the UAE, Slovakia and Ukraine follow very closely. Poland also performed exceptionally well, with sales in the country dynamically increasing.”

Siarhei Kostevitch, added: " Looking at product categories, the most popular in May were smartphones, processors, laptops and other accessories”.