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The company's net profit amounted to EUR 19.7 million, and gross profit to EUR 52.4 million.

In 2014, Elko Group posted EUR 972 million in turnover and EUR 5.4 million in losses.

The company's report says the economic conditions in key regions – C.I.S. countries – continues to be unfavorable and IT sector in the respective markets has declined significantly, however Elko Group managed to outpace the market in the C.I.S. region and, together with considerably increased operations in Central and Eastern Europe, Elko Group has managed to sustain sales at the same level comparing to prior year.

The IT market in the C.I.S. region has decreased by up to 30% while Elko Group sales in the region decreased just 14% to EUR 696 million. Due to EUR currency weakening, Elko Group's sales in the Baltic market dropped 6% to EUR 96 million, which was in line with overall market decrease.

Elko Group showed substantial growth of 37% in the Central and Eastern Europe region as the sales reached EUR 347 million.

Despite challenging market condition in the C.I.S. region, the management of Elko Group believes that the growth in the other markets as well as continuous development of IT solutions business in 2016 will allow to achieve similar sales and net profit as in 2015.

Elko Group was founded in 1993 and is one of the largest IT product wholesalers and IT solutions and services distributors in Eastern Europe, now also actively expanding to Central Asian market. Elko represents more than 120 IT vendors and sells their goods to more than 6,500 retailers, local computer producers and system integrators.