The largest IT and consumer electronics distributor in Poland and the CEE region has delivered record growth and a record third quarter of the financial year. AB Group (WSE: ABE) points to positive growth prospects, supported by increasing investment in IT technologies across the public sector and businesses. Key growth drivers include value-added projects, the execution of large-scale tenders, the development of artificial intelligence (AI), IT infrastructure modernization and growing cybersecurity spending.

In the third quarter of FY2025/2026 (April–June 2026), AB Group increased its net profit by two-thirds year on year to nearly PLN 56 million, while EBITDA rose by 63% YoY to more than PLN 96 million. The increase in margins was achieved alongside strong revenue growth, with revenue reaching nearly PLN 4.6 billion (+44% YoY). As a result, during the first three quarters of the current financial year, AB Group achieved clearly double-digit growth rates, translating into more than PLN 191 million in net profit and nearly PLN 306 million in EBITDA on revenue of PLN 13.6 billion.

– Our market position and unique capabilities in delivering large-scale and demanding projects enable us to effectively capitalize on emerging growth opportunities, while the results we have achieved are the outcome of consistent business development. We are entering the next period with a strong market position, a proven operating model and solid foundations supporting the AB Group’s long-term growth, – says Zbigniew Mądry, CEO of AB S.A.

AB Group has once again demonstrated not only its operational strength, but also its financial strength. This was confirmed by the implementation of an AI laboratory project which, in terms of the scale of deliveries and financing involved, was among the most demanding projects carried out in the CEE region in recent years.

Despite the need to secure the supply of large volumes of computers and other equipment, which required additional debt financing, the net debt-to-EBITDA ratio increased only to 1.4 at the end of June. A strong balance sheet and sound financial foundations provide a solid basis for stable financing, including for demanding and prestigious projects of this scale.

– We still have significant capacity to finance further growth. At the same time, we are seeing tangible results from our expertise in credit risk management. Credit limits for AB partners provided by leading financial institutions allow us to scale the business safely, enabling us to successfully handle even the largest projects. Our balance sheet remains exceptionally healthy and reflects both our growth dynamics and our solid foundations, – points out Grzegorz Ochędzan, Vice President for Finance at AB S.A.

The outlook for the IT market remains favorable. Research and advisory firm Gartner has already raised its global IT market growth forecasts twice this year, with data centers, cloud solutions and infrastructure supporting artificial intelligence deployments remaining among the fastest-growing areas. These trends are also reflected in AB Group’s results, with strong growth in sales of servers, networking equipment, storage solutions and computers. Additional momentum for the market comes from investments in the public sector, as well as growing business needs related to cybersecurity, IT infrastructure modernization and the implementation of AI solutions. All indications are that in the coming quarters, demand will continue to be supported by infrastructure replacement following the end of Windows 10 support, as well as the ongoing supply gap in components such as RAM and SSDs. Positive prospects are also visible in the potential for further growth in Apple hardware sales, for which AB Group is the largest distributor in Poland, the Czech Republic and Slovakia.