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Esprinet (based in Vimercate Italy; Borsa Italiana: PRT), is the holding of a Group engaged in the "B2B" distribution of technology products at the top of the market in Italy and Spain. The 2018 turnover of € 3.6 billion places Esprinet among the top 50 Italian industrial groups and the top 10 distributors worldwide. Thanks to a business model based on the coexistence of different sales channels tailored to the specific characteristics of 39.000 reseller clients, Esprinet markets about 1000 brands and over 63,000 products available in 130,000 square meters of managed warehouses. Through the V-Valley division, Esprinet is able to distribute value-added products, services and IT solutions. The Group's activities also cover Portugal, and the production and sales of the named brands "Celly" (smartphones accessories) and "Nilox" (IT accessories and outdoor technology).

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The deployment of some of the initiatives that are part of the strategic plan presented to the financial community last June showed a strong acceleration during the third quarter and we start to see some preliminary positive feedback from customers on the "Customer Satisfaction" improvement program now fully in place. The "Advanced Solution" business line, which withstood a lot of development efforts since the beginning of the year, grew +12% and we are actively pursuing the opening of new distribution contracts especially in Spain and Portugal.
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