#Israel #financial report #Petach-Tikva #Eltek Ltd #PCB Technology

Eltek Ltd. Releases Its 2024 Annual Report

Eltek Ltd. (NASDAQ: ELTK), a recognized leader in the production of printed circuit boards (PCBs), has officially submitted its annual report for the year ending December 31, 2024. This essential document, filled with audited consolidated financial statements, has been filed with the U.S. Securities and Exchange Commission (SEC) and highlights the company's financial performance and strategic advancements during the preceding year.

Availability of the Report

The comprehensive report, which offers detailed insights into Eltek's operations and financial health, is available on the company's official website at www.nisteceltek.com. The annual report is accessible to the public, ensuring transparency for shareholders and stakeholders. Furthermore, Eltek is committed to providing hard copies of the annual report free of charge upon request, fostering open communication with its investors.

About Eltek Ltd.

Founded in 1970, Eltek Ltd. has established itself as a premier manufacturer and supplier of high-tech PCB solutions. The company's motto, "Innovation Across the Board," encapsulates its dedication to developing advanced technologies in PCB manufacturing. Notably, Eltek specializes in complex designs, providing high-density interconnect (HDI), multilayer, and flex-rigid boards aimed at the high-end market.

Being ISO-compliant and holding certifications such as AS-9100 and NADCAP Electronics showcases Eltek's commitment to quality standards that are particularly crucial in industries like defense, aerospace, and healthcare. Its esteemed clientele spans various sectors, serving notable companies across Israel, the United States, Europe, and Asia.

The changing landscape of technology demands continuous innovation, and Eltek has been at the forefront of these advancements through its commitment to research and development. The company’s headquarters, research, and production facilities are strategically located in Israel, complemented by its North American subsidiary and an extensive network of agents and distributors operating in Europe, India, South Africa, and South America.

2024 Financial Performance

While specific financial highlights from the report will be outlined in detail in the forthcoming financial summary, preliminary insights indicate that Eltek has experienced steady growth in both revenue and market reach. The technological advancements and increased demands for PCBs in various sectors have contributed to this positive trend, further solidifying Eltek’s standing as a vital player in the electronics industry.

Conclusion

As the landscape of technology continues to evolve, Eltek Ltd. remains firmly committed to enhancing its product offerings and maintaining exceptional service standards for its clients. The release of the 2024 annual report marks a critical milestone for Eltek, ensuring stakeholders are well-informed of the company's trajectory and innovations within the PCB market. Investors and interested parties are encouraged to review the full report available on Eltek’s website for further insights into its operations and financial outlook, reinforcing its position as a leader in the industry.

For additional information or inquiries regarding Eltek Ltd., interested parties can reach out to Ron Freund, Chief Financial Officer, at +972-3-939-5023 or via email at [email protected].