The consolidated financial results of ABC Data for H1 2017 once again exceeded market expectations. They are a consequence of a consistently implemented strategy of concentrating the business on high-margin transactions. Thanks to, among other things, such an approach to the pursued business activity, ABC Data generated a record margin of 6.3% in the first half of the year. There are many indications that the company will not only meet the forecasts given in May, but that it will also share the profit for 2017 with its shareholders.
You will find the full article at the website of Puls Biznesu. We encourage you to read it.
The financial results of the ABC Data Group for H1 2017 exceeded market expectations. According to the assumptions and forecasts of the Management Board, the company generated a record margin of 6.3%, PLN 1,914 million of consolidated revenues, and EBITDA in the amount of PLN 15.2 million. Such high margins put ABC Data in the forefront of the global distributors selling IT equipment and services. The results of the company confirm that its strategy of focusing on high margin transactions brings the expected results.
You will find the full article on the ITReseller website. We encourage you to read it.
Bringing the Xiaomi brand to the foreign markets, further strengthening of its position in Poland and the development of the Mi Zones are at present one of the most important objectives set by ABC Data in cooperation with the Chinese brand. Andrzej Kuźniak, Vice-President of the Management Board of ABC Data, in an interview for the Mobility magazine, discusses the cooperation of ABC Data with one of the largest smartphone manufacturers in the world.
You will find the full interview in the September issue of the Mobility magazine and on the Mobilitynews.pl website. We encourage you to read the interview.
ABC Data announced its financial results for H1 2017. The company still wants to focus on improving the profitability of the Group by giving up low-margin contracts. It also maintains the annual financial forecasts and continues to count on the increase of the scale of operations, among other things, thanks to the cooperation with Xiaomi. According to the Management Board of ABC Data, the payment of the advance dividend for 2017 is “very likely”.
You will find the full article and video commentary of the President of the Management Board of ABC Data, Ilona Weiss, on the Bankier.pl website. We encourage you to read the article and watch the footage.
The Management Board of ABC Data announced that the financial condition for the payment of the advance dividend for 2017 has been fulfilled. In the first half of the year, the company generated an individual net profit of PLN 22.4 million, with revenues of PLN 1.469 billion. One of the most important conditions for the advance payment on the dividend for the current year was earning a net profit of PLN 10.021 million after three quarters of 2017. Another condition was that the amount of the advance would not exceed half of the company’s individual net profit for H1 2017.
You will find the full article on the CRN.pl website. We encourage you to read it.