Asbis expanded Magnat reach to 39 markets. Asbis stock fell 2.37 percent.

Published on 10/08/2026 at 11:17 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

August revenue was USD 604 million, up 91.00 percent year over year. Asbis stock costs EUR 43.34 on October 8, 2026 versus EUR 44.39.

Asbis, CY1000031710, Illustration mit AI erstellt.

Asbis stock fell 2.37 percent to EUR 43.34 at Lang & Schwarz on October 8, 2026, while the company had expanded its Magnat distribution reach to 39 markets. ASBIS reported the agreement on September 28, 2026, adding the German audio brand to its portfolio through its partnership with Premium Audio Company.

Magnat expands the consumer portfolio

The agreement covers 39 countries across Europe, Asia, the Middle East and Africa, including Poland. Magnat became the fourth Premium Audio Company brand distributed by ASBIS, joining Klipsch, Onkyo and Integra.

For Asbis, the deal broadens the consumer distribution arm beyond core information technology products. The release describes a portfolio spanning loudspeakers, subwoofers, amplifiers, network receivers and turntables, giving the company another category in which to use its regional sales network.

August revenue sets the growth benchmark

ASBIS reported estimated consolidated revenue of USD 604 million for August 2026, compared with USD 316 million in August 2025. That represents growth of 91.00 percent year over year, although the company said the estimate may differ from the final result.

The figure gives the Magnat expansion a useful operating backdrop: ASBIS is adding consumer products while its broader distribution business is scaling sharply. The August comparison is preliminary, so the next reported quarter will show how much of the sales acceleration reached profit.

Stock trades below the prior close

The Lang & Schwarz quote stood at EUR 43.34 on October 8, 2026 at 11:10 a.m. CEST, down 2.37 percent versus the prior close of EUR 44.39 on October 7, 2026. On the Warsaw Stock Exchange, ASBISc Enterprises Plc was last at PLN 186.90 at 10:56 a.m. CEST on October 8, 2026, while its 52-week range was PLN 26.66 to PLN 198.60 and market capitalization was PLN 10.4 billion.

The further course of trading is shown by the continuously updated real-time quote of Asbis stock.