Another successful November for ASBIS, on track to meet 2023 forecast

10:56 - 29 December 2023

Technology

Limassol-based ASBISC Enterprises PLC, according to the preliminary estimations, had consolidated revenues of around $305 million in November, up 11% from $275m in November 2022.

The revenues generated in November 2023 were on a comparable level to the record-breaking revenues achieved in the Group's history in November 2021 ($306m).

Siarhei Kostevitch, CEO of ASBIS Group, commented: “The result for this year's November is considered very good. We practically matched our sales with the record-breaking November of 2021. This signifies not only a strategically composed product portfolio but also that our sales efforts in individual markets are yielding the intended results. We continue to expand our portfolio, strengthen our sales network by, among other things, opening new Apple stores, and increase warehouse space in distribution centers, which is essential with our growing sales. We are also confident in meeting the revenue forecast for 2023."

He added: “When it comes to our sales in November 2023, we didn't observe significant changes among the sales leaders. The top-performing countries were: Kazakhstan, Slovakia, Ukraine and United Arab Emirates. Poland continues to perform exceptionally, achieving close to a 30% year-on-year revenue growth in November.”

Another successful November for ASBIS, on track to meet 2023 forecast

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