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Archive

February 27, 2018

ASBIS Results In Q4 2017: Almost 50% Growth In Revenues And Net Profitability Year-On-Year

For the twelve months of 2017 revenues grew by USD 346 million y-o-y, i.e. 30%, to USD 1.485 billion, as compared to USD 1.139 billion in 2016.

November 07, 2017

ASBIS Results In Q3 2017: Revenues Growth Of 35% To $ 372 Million And 51% Growth In Net Profit After Tax Exceeding U.S.$ 2 Million

For the nine months of 2017 the company posted revenues of u.s.$ 943 million and npat of u.s.$ 3 million. Financial forecast for the year 2017 sustained

August 08, 2017

ASBIS Results in H1 2017: Double Digit Growth of Revenues, Stable Gross Profit Margins and Expenses Under Control Result in Net Profit after Tax Exceeding U.S.$ 1 million, a 63% Increase Year-on-Year.

Cash flows remain very strong with a positive number in “cash from operating activities” of U.S.$ 10 million for 2Q2017 and more than U.S.$ 14 million improvement in 1H2017 year-on-year. Financial forecast for the year 2017 sustained.

May 09, 2017

ASBIS Results in Q1 2017: double digit growth on all levels of business.

Revenues in Q1 2017 grew by almost 17%, EBITDA 19% and NET Profit after tax grew 37% and reached USD 551 thousand. Further improvements expected in next quarters. Financial forecast for the year 2017 sustained.

February 28, 2017

ASBIS Results in Q4 2016: increased gross profit margin and controlled expenses allowed increase in Q4 2016 NPAT by 29.23% year-on-year despite flat revenues.

2016 net result y-o-y improvement exceeds U.S.$ 21 million, reaching U.S.$ 4,636 and delivering the forecast. Further improvement expected in 2017.

November 08, 2016

ASBIS Results in Q3 2016: good trends continued. Gross profit margin soared to 6.11% and resulted in nine times higher net profit.

Further improvement expected in Q4 together with delivery of budgeted numbers.

August 11, 2016

ASBIS Results in H1 2016

Significant improvement in gross profit margin and strict cost controls resulted in delivery of budgeted numbers.

May 12, 2016

ASBIS Results in Q1 2016: strong increase in gross and decrease in expenses resulted in profits.

Delivery according to plans indicating achievement of forecasts.

February 26, 2016

ASBIS Results in Q4 2015: strong increase in revenues and gross margin allowed to produce significant profits.

Further improvement expected in 2016.

November 17, 2015

ASBIS Group named in the Top Ten IT distributors by IT Europa

According to the latest ‘Distributors in Europe – the top 500’ database report published by IT Europa on November 2nd, 2015, ASBIS Group is a Top Ten IT distributor.

November 05, 2015

ASBIS results in Q3 2015: increase in revenues and gross profit with significant cost reductions.

Company returns to profitability. Further improvement expected in Q4 2015.

August 06, 2015

ASBIS Results in Q2 and H1 2015: major cost reductions but revenues and gross profit still under pressure.

Improvement and profits expected in the second half of the year.

May 07, 2015

ASBIS Group in Q1 2015: lower market demand and one-off events negatively affected margins and led to a loss.

Improvement expected in Q2 and profits for the second half of the year.

February 26, 2015

ASBIS Group in Q4 2014: significantly increased net profit after tax despite market turbulence in Russia and Ukraine

ASBIS significantly improved its net profitability in Q4 2014 compared to all previous quarters of 2014 and to Q4 2013

February 26, 2015

ASBIS Group in Q4 2014: significantly increased net profit after tax despite market turbulence in Russia and Ukraine

ASBIS significantly improved its net profitability in Q4 2014 compared to all previous quarters of 2014 and to Q4 2013

November 19, 2014

ASBIS starts distribution of BlackBerry Z3 smartphone

New BlackBerry budget smartphone to be delivered to ASBIS partners in Ukraine, Latvia, Lithuania and Kazakhstan at the beginning of December, 2014

November 06, 2014

ASBIS Group in Q3 2014: higher revenues and lower costs result in profit. Crisis in main markets persists, leading to downward revision of forecast

ASBIS saw its Q3 2014 results much improved compared to the previous quarters of 2014, as revenues, gross profit, gross profit margin and NPAT have grown

November 06, 2014

ASBIS Group in Q3 2014: higher revenues and lower costs result in profit. Crisis in main markets persists, leading to downward revision of forecast

ASBIS saw its Q3 2014 results much improved compared to the previous quarters of 2014, as revenues, gross profit, gross profit margin and NPAT have grown

September 18, 2014

Prestigious accolade from government of Cyprus awarded to ASBIS

The contribution of ASBIS to the development of Cyprus was honored at the ‘CIPA International Investment Awards 2014’ held under the auspices of the President of the Republic

August 07, 2014

ASBIS Group in 1st half of 2014: minimization of losses and solid fundamentals to come out of the crisis stronger and profitable

ASBIS saw its Q2 2014 and H1 2014 financial results still affected by the situation in Ukraine and Russia

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