ELKO Grupa
Interim information

ELKO Group Interim Report January-September 2024

ELKO Group continues to show steady improvement quarter by quarter. As the peak sales season approaches, ELKO is well-positioned to support growing demand and uphold its role as a trusted market leader.

Riga, 2024-11-21 17:19 CET -- January – September 2024 highlights

• Revenue USD 772.5 million (EUR 710.6 million), a decrease of 9 % year-on-year
• Gross profitability 7.5 %, an increase compared to 6.9 % in the same period in 2023
• Gross profit USD 57.7 million (EUR 53.1 million), an insignificant decrease of 0.8 % year-on-year
• Net profit USD 4 million (EUR 3.5 million), down by 51.3 % year-on-year 

About ELKO Group

The ELKO Group is one of the region's largest distributors of IT and consumer electronics products and solutions, representing 350 IT manufacturers. The company provides a wide range of products and services to more than 10 000 retailers, local computer manufacturers, system integrators and enterprises within various sectors in 14 countries in Europe and Central Asia.

More information:

www.elkogroup.com

LinkedIn: https://www.linkedin.com/company/elko-group

Facebook: https://www.facebook.com/elkogroup/

Twitter: @ELKO_Group

Instagram: elko_group

         Janis Kirsis
         Head of Treasury
         Akciju Sabiedrība "ELKO Grupa"
         4, Toma Street, Riga, LV-1003, Latvia
         + 371 6709 2357
         janis.kirsis@elkogroup.com