Asbis IT estimates approx. USD 306 mln revenue in November, against USD 305 mln last year

Listed IT equipment distributor Asbis estimates that it had consolidated revenues of approximately USD 306 million in November, up from USD 305 million in the prior year period, the company said in a market filing and a press release.


"We are strongly focused on delivering the highest possible results this year and being as close as possible to our ambitious financial forecast. In November, we matched the best November in our history, i.e. our revenue was equal to the revenue generated in November 2021," said the group's CEO Serhei Kostevitch, quoted in the press release.

"(...) We are mobilising all our resources to deliver on our plan, mindful of the extremely unfavourable situation in some of our main markets. We also have plans for further growth in 2025, which promises to be interesting and intense," he added.

CEO Kostevitch reported that the countries with leading sales in November were those where the group has been strong for years, namely Kazakhstan, Ukraine and the United Arab Emirates.

"Just behind these countries were Slovakia and Poland. Ukraine, Slovakia and Poland generated the highest sales growth. The best-selling product categories were smartphones, processors and laptops, especially MacBooks," he added.

Asbis Group is a leading value-added distributor, developer and provider of ICT and IoT products, solutions and services in the growing markets of Europe, the Middle East and Africa (EMEA).

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