ASBISc looking to book record breaking profits this year

ASBISc recently announced the projected sales revenues for the year 2023 to be between $3.0 billion and $3.2 billion, with net profit after tax to be between $78 million and $82 million, translating the year to be a record year in the Group’s history, especially at the profit level.

Forecasted values result from the company’s strategy including – but not limited to – a greater focus on computing and consumer electronic products, including our own brands, thru Retail, e-Tail and SMB routes to market as well as our solutions for Data Centers to medium and large enterprises in the geo where we operate.

Costas Tziamalis, Deputy CEO of ASBIS Group, commented “After a difficult, but very good 2022 for us, ASBIS entered 2023 very strong, with plans for further growth and development. Thanks to the consistent implementation of our strategy and great determination in action, we have turned the difficult past year into a kind of springboard, thanks to which we will also grow in the coming years. We forecast that we will again exceed $3 billion in revenue, and our profits will be even higher than a year ago. We have already started this very intense year for us, in which we are developing not only many new markets, but also further strengthening the development of our own brands, including the division related to robotics – ASBIS Robotic Solutions. We are convinced that we have all the right ammunition in our hands, which we will use with great commitment this year, taking ASBIS to new heights.”

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