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ASBIS supplies a wide range of IT products to its customers all over UAE. To find out retail store near you visit ASBIS Resellers section

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News Archive

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 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

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

May 08, 2014

ASBIS Group in Q1 2014: revenues and profitability affected by the crisis in Ukraine, but fundamentals remain strong and group forecasts a net profit in 2014

ASBIS saw its Q1 2014 results significantly affected by the situation in Ukraine, which also affected the situation in Russia

February 27, 2014

ASBIS Group in Q4 2013: own brands sales at all-time high improve profitability. Y2013 net profit forecast exceeded.

ASBISc Enterprises Plc, a leading distributor of IT products in emerging markets of Europe, the Middle East and Africa, has reported a successful Q4 2013. In the period, the Company continued focusing on improving its cash flows, gross profit margins and profitability, by refining its product portfolio and increasing sales of own brands. For 2013, the Company posted revenues of USD 1.92bn, with net profit exceeding USD 12.71m.

November 07, 2013

ASBIS Group in Q3 2013: record sales of own brands result in increased gross profit margins and better profitability at all levels

ASBISc Enterprises Plc reported a successful Q3 2013: revenues grew by 1.1%, to USD 438.24m, the gross profit margin grew by 36.1%, to 6.4%, from 4.7% in Q3 2012, leading the company’s profitability to grow on all levels

August 07, 2013

ASBIS Group in H1 2013: profits grow faster than revenues thanks to higher gross profit margin and increased own brand sales

ASBISc Enterprises Plc reported a successful H1 2013

May 09, 2013

ASBIS Group in Q1 2013: Investment in own brands paying off with strong growth of revenues and profitability

The main driver of Company's growth was the strong development of own brand sales together with robust results on all product lines the group has focused on

February 27, 2013

ASBIS Group results for 2012

Stronger market position and record-high revenues group achieved financial forecasts for Y2012 through increased revenues and dynamic growth in own brands

November 07, 2012

ASBIS in Q3 2012: Four-fold Growth in Net Profit Thanks to Higher Revenues, Effective Hedging and Strict Cost Controls

ASBISc Enterprises Plc, a leading distributor of IT products in emerging markets of Europe, the Middle East and Africa, closed Q3 2012 with very good results. The company posted revenues in the period of USD 433.5 million, 20.62% higher than in Q3 2011, EBITDA of USD 5.8 million, 69.8% higher than the year before, and a net profit of USD 2 million, four times higher than in Q3 2011.

August 09, 2012

ASBIS in H1 2012: Successful Q2 2012 Supported H1 2012 Results. Increased Revenues and Decreased Expenses Resulted in Strong Growth in Profits

Revenues increased by 20.76% in Q2 and 14.17% in H1 2012, to USD 744.9 million for the first six months of the year. As a result, net profit grew to USD 2.55 million

February 28, 2012

ASBIS in Q4 2011: Financial Forecasts Surpassed Thanks to Strong Growth in Gross and Net Profit

In Q4 2011 gross profit rose 34.94% to USD 29.428 million and Net profit of USD 8.276 million showed impressive 332.35% growth

May 11, 2011

ASBIS in Q1 2011: Increase in Revenues, Profits on All Levels

Revenues grew by 5,63%, ebitda higher by 76% and gross profit margin increased by 19.08%, to 5.56%

March 31, 2011

ASBISc Enterprises PLC published Annual Report 2010

ASBISc Enterprises Plc, a leading distributor of IT products in emerging markets of Europe, the Middle East and Africa, published its Annual Report for year 2010.

February 23, 2011

ASBIS in Q4 2010: Strong Increase in Revenues Indicates Bright Future

USD 477M revenues and USD 1.9M net profit in Q4 allowed to regain profitability in 2010 and produce forecasts for 2011

November 09, 2010

ASBIS in Q3 2010: Strong Increase in Revenues and Profits Heralds Bright Future

Revenues grew by 23.67% y-o-y, net profit exceeded u.s.$ 1.3 million2009

August 11, 2010

ASBIS in H1 2010: Significant Increase in Revenues and Gross Profit but Results Affected by Steep Currency Movements

ASBISc Enterprises Plc posted revenues of USD 270 million for the second quarter of 2010, 16.6% higher than in Q2 2009.

May 06, 2010

ASBIS in Q1 2010: significant increase in revenues, confirm recovery and brighter future

ASBIS posted revenues of USD 331 million for the first quarter of 2010 – 39% higher than in Q1 2009.

March 30, 2010

ASBISc Enterprises PLC published Annual Report 2009

ASBISc Enterprises Plc, a leading distributor of IT products in emerging markets of Europe, the Middle East and Africa, published its Annual Report for year 2009.

February 24, 2010

ASBIS Q4 2009: Strong Revenues Indicate Recovery

Press-release: The company back on track to reach levels from before the crisis

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