• CEE’s largest IT and consumer electronics distributor (WSE: ABE) recorded a clear increase in its financial results in the 1^st quarter of the financial year 2025/2026 (Q1 FY 25/26) and sees very good prospects with regard to such factors as deliveries for tenders carried out by its trading partners, being a beneficiary of digital transformation and the growing importance of cyber security or artificial intelligence (AI).
  
• The Management Board recommended the payment of a dividend of PLN 6.45 (+115% y/o/y) for the financial year 2024/2025, and the Supervisory Board gave a positive opinion on this proposal; the final decision on profit distribution will be taken by shareholders at the General Meeting.

Listed on the mWIG40 of the Warsaw Stock Exchange, the Lower Silesia-based AB Group – the largest IT distributor in Poland and the CEE region, and No. 5 in Europe – in October–December 2025 (Q1 FY 2025/2026) achieved PLN 94.6 million in net profit (+42% y/o/y) and PLN 138.8 million in EBITDA (+30% y/o/y), with a growth of revenue to nearly PLN 5.5 billion (+8.5% y/o/y) and an increase in margins. Looking at the last reported four quarters, AB Group recorded increases at every level of the income statement, increasing its revenue by more than PLN 0.5 billion to almost PLN 15.4 billion and achieving PLN 321.1 million in EBITDA and PLN 201.8 million in net profit. At the same time, AB Group continued the constant improvement of its operational processes by reducing the industry-important SG&A cost ratio to 1.7% in the past quarter and maintaining it on an LTM basis at the industry-leading low level of 2.1%. At the end of December, AB Group had over PLN 269 million in cash, high credit limits and a very low net debt to EBITDA ratio (below 0.4).

– This is our 77^th quarter as a listed company and, as you can see, we have been able to pursue a strong growth trajectory by capitalising on the market advantages built on safety, sustainability and reliability for 36 years and by listening to and creating market needs. Thanks to its strategic positioning, AB Group has great opportunities for further growth, – points out Andrzej Przybyło, President of the Management Board of AB S.A.

– We make use of operational leverage and the greatest operational efficiency in the industry. We maximise the use of working capital, keep costs in check and automate processes. Given the large projects in the previous and current quarter, trade receivables and inventories naturally increased, and yet our entire net financial debt before IFRS16 was PLN 127 million, which was even a smaller amount than the quarterly EBITDA. Together with the operational strength that has been built up, this means that AB Group is ready to take advantage of the business opportunities we currently see ahead of us, – emphasises Grzegorz Ochędzan, Vice President of Finance at AB S.A.

AB Group notices a market upturn in both the execution of public tenders and in demand coming from other market segments, including corporate investments.

– Factors such as the dynamic development of artificial intelligence, increasing cyber security expenses or the advancing digital transformation realistically translate into market demand today – both for hardware and end-to-end IT solutions. An additional impulse is provided by the replacement of infrastructure following the end of Windows 10 support, as well as continued demand pressure for components, including RAM and SSDs. In such an environment, the strongest players in the value chain are the natural beneficiaries of the ongoing changes, – says Zbigniew Mądry, Vice President of Operations at AB S.A., who has been recommended as President of the Management Board for the new term in the CEO succession process.

There is also a positive outlook for sales opportunities for Apple hardware, of which AB Group is the largest distributor in Poland, Czech Republic and Slovakia. This year, as many as 15 launches are planned by this manufacturer with a revised calendar of market novelties flattening the seasonality of sales. The continued expansion of the product range in the Apple ecosystem, including IoT / smart home or Vison Pro glasses, as well as the announced launches of more affordable devices, outstanding user loyalty (as many as 92% of iPhone owners remain loyal to the brand when replacing their smartphone) and Apple’s still relatively low market share in Poland towards Western Europe are all factors that definitely favour the growth of sales.

AB Group’s long-term strong financial performance has translated into steadily increasing dividends paid for five years in a row, resulting in the inclusion of AB S.A. in the WSE’s dividend indexes – WIGdiv and WIGdivplus – in December 2025. In mid-February this year, the Management Board recommended the payment of a dividend of PLN 6.45 per share from the profit of the financial year 2024/2025 (+115% y-o-y) and the Supervisory Board gave a positive opinion on the Management Board’s proposal, with the final decisions on the distribution of the profit of the financial year 2024/2025 to be taken by the shareholders at the General Meeting.

– AB has consistently followed the path of long-term growth and shareholder value creation, with the scale of cash generation already making it increasingly possible to reconcile the priority of financial security and organic growth with the distribution of profits directly to shareholders. Apart from the issue of active share buyback, we also have the ambition to pay high dividends, which we communicated in the dividend policy adopted by the Management Board last September, – says President Andrzej Przybyło.

Stock market analysts have recently kept up their positive recommendations for AB Group, and four brokerage houses have placed AB in their top picks for 2026, further confirming the company’s investment attractiveness. Furthermore, AB Group has continuously been voted Distributor of the Year in the prestigious Context survey for 11 years and has received the highest number of industry awards, which confirm its leading quantitative and qualitative position of the business. AB Group has also been regularly evaluated in EcoVadis ratings since 2020, maintaining its position among the outstanding distribution companies in terms of ESG criteria. Its commitment to responsible development is also confirmed by the title of ‘Best IT Company in Technology Responsibility and Sustainability’, awarded by the IT Reseller magazine. In turn, AB Group’s overall activities and prospects were recognised in February this year by the jury of the Polish Economic Society’s Azymuty competition.

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AB Group is the largest IT and consumer electronics distributor in Poland and the CEE region, ranked in the European TOP5 and the global TOP13. The AB Group offers the widest product portfolio on the market, including leading global technology manufacturers such as Apple (the largest distributor of this vendor in Poland, Czech Republic and Slovakia), Microsoft, Intel, HP Inc., Hewlett Packard Enterprise (HPE), Lenovo, Samsung, Dell, Canon, and Xiaomi, to the largest customer base in the region. It is a leading provider of cloud services, end-to-end e-commerce and value-added distribution (VAD) solutions. It also develops the distribution of household appliances and audio-video equipment, being one of the leading distributors in Poland. The company boasts the best logistics facilities and business efficiency in the industry.

AB Group manages its own brands – TB, Optimus and Triline – as well as its franchise networks: Alsen (Poland), Comfor (Czech Republic and Slovakia), Premio (Czech Republic), and Triline (Czech Republic), along with Optimus (integrators – Poland), Kakto (household appliances and audio-video equipment – Poland), Digimax (mobile and smart home solutions – Czech Republic and Slovakia). With around 2 000 retail outlets, it is the largest industry franchise network in the CEE region.

The company’s history dates back to 1990, and since 2006 the AB S.A. has been listed on the WSE’s primary market, having been promoted to the mWIG40 index in 2024. As of December 2025, AB S.A. is included in the WIGdiv and WIGdivplus indexes. For more information on AB Group, visit www.ab.pl.