ELKO Grupa
Interim information

ELKO Group Interim Report January-March 2024

Continued solid profitability even in a stagnant market environment.

Riga, 2024-05-21 10:20 CEST -- January – March 2024 highlights

• Revenue USD 251.2 million (EUR 231.3 million), a decrease of 23.5% year-on-year
• Gross profitability 7.6%, an increase compared to 6.8% in the same period in 2023
• Gross profit USD 19.1 million (EUR 17.6 million), down by 14.4% year-on-year
• Net profit USD 2.0 million (EUR 1.9 million), down by 56.4% 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 13 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