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.

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.