Crisis? What crisis? That’s the first thing that comes to mind when analyzing the financial results announced by one of the biggest Polish distributors. How is it possible that despite the announced industry crisis, the strong are getting even stronger? Today, ABC Data published its financial results for 2017. Indeed, the Warsaw-based distributor has something to be proud of.
The article in its integrity is available at Mobilitynews.pl. We encourage you to read it.
In 2017, the Warsaw-based distributor raised its EBITDA by 48%, doubled its net profit and achieved a 6.1% sales margin. Such good results put ABC Data on an equal footing with the most effective IT distributors in the world. The financial results of ABC Data in 2017 are even more impressive given the fact that, as per assumptions, they were generated at lower sales revenues than in previous years.
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2017 was a very fruitful year for ABC Data, sums up Ilona Weiss, President of the Management Board, in her interview for Parkiet TV. ABC Data doubled its net results and significantly increased its EBITDA, which is a great success in such a variable and difficult market environment characterized by increased competition. Ilona Weiss assures, however, that the Group will manage to cope even in the most difficult conditions. The best proof is the fact that last year, ABC Data Group once again generated one of the highest margins in the global IT distribution market, that is 6.1%.
The article in its integrity is available at Parkiet.com. We encourage you to read it.
According to Ilona Weiss, President of the Management Board of ABC Data, in the coming years, the importance of cloud computing, and hence the cloud platform of the distributor, will grow. That’s why it is probable that it will soon become the third, most important, pillar of the company’s activity. Even this year, the ABC Data Cloud platform should become available to the customers from all the countries in which ABC Data directly operates.
The article in its integrity is available at CRN.pl. We encourage you to read it.
In 2017, ABC Data increased its EBITDA by 48% and doubled its net profit compared to 2016. Achieving such results was possible thanks to effective implementation of ABC Data development strategy, focus on high-margin transactions, further development of the e-commerce channel, and value-added distribution. ABC Data achieved a sales margin of 6.1%, which is one of the best results in the global IT distribution industry.
The article in its integrity is available at ITReseller.pl. We encourage you to read it.