In the second quarter of this year, the gross margin on sales at ABC Data increased to 6.7%, which means an improvement both year-on-year and quarter-on-quarter this year. The average margin for the full H1 2017 was 6.3%, compared to 5.1% the year before. According to the company, this is a result of the elimination of low-margin transactions and an effective management of sales profitability in the broadline area and strengthening the VAD sector. Last year’s acquisition of S4E also contributed to the increase of the Group’s margin.
You will find the full article on the CRN.pl website. We encourage you to read it.
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.