STEADY REVENUES OF ASBIS IN FEBRUARY

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 February 2024 had consolidated revenues at the level of approx. USD 236 million, compared to USD 230 million in February 2023, an increase of approx. 2%. February 2024 also showed about 5% improvement in revenues, compared to January 2024. 

Siarhei Kostevitch, CEO of ASBIS Group, commented: "In February 2024, we assess the month as stable in terms of revenue. Following a very strong last year during which we experienced a very dynamic sales growth, February has delivered revenues according to expectations year on year. Our aim is to generate sales growth in 2024, which will also translate into a stronger foundation for the future. Currently, we are working on forecasting the financial results for 2024, which we will publish as soon as we have a clearer picture of market factors, that may impact our results." 

Siarhei Kostevitch, added: "In February 2024, we practically did not observe any significant changes among the sales leaders. These were Kazakhstan, Slovakia the United Arab Emirates and Ukraine. Poland once again found itself at the forefront of monthly revenue growth, ranking in TOP10 countries of year-on-year in February. The best-selling products in February 2024 were smartphones, processors, and laptops."