Good beginning of the second half of the year for ASBIS

August 21, 2018


Good beginning of the second half of the year for 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 July 2018 had consolidated revenues at the level of approx. USD 158 million, compared to USD 94 million in July 2017, which is an increase of approx. 67%.

Limassol, Cyprus, 21 August 2018 - Siarhei Kostevitch, CEO and Chairman of the Board of Directors ASBISc Enterprises Plc, commented:The second half of the year has begun with a continuation of double-digit increases in our revenues. We operate dynamically using all the possibilities to increase our market share in the countries we operate. However, we focus not only on the volume, but also on the margin, for which we work on improving starting from the third quarter of this year. Similarly to the entire first half of the year, we achieved the largest growth on our strategic markets, that is in the countries of the former Soviet Union. We expect that strong growths will continue throughout the year, having seen the strong demand in our markets. The European markets, especially in Central and Eastern Europe, together with the Middle East and Africa region, are equally on a significant growth trend , are also key for us.


For additional information, please contact:  

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



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 1,300 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 or 

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