ELKO Group Interim Report January-June 2024

In the second quarter, most of ELKO geographies show a positive trend

January – June 2024 highlights

• Revenue USD 500.9 million (EUR 463.3 million), a decrease of 13.3% year-on-year
• Gross profitability 7.6%, an increase compared to 7.3% in the same period in 2023
• Gross profit USD 38.2 million (EUR 35.3 million), down by 9.1% year-on-year
• Net profit USD 3.2 million (EUR 2.9 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 14 countries in Europe and Central Asia.