It feels a relief that the replacement cycle for computers and mobile phones has started, if we have interpreted Verkkokauppa.com’s recent sales performance correctly. A lot of IT equipment was acquired during the pandemic years of 2020-21. The typical replacement cycle is 3-5 years but until this year the demand has been muted. Now we have had two quarters of double-digit growth, which we believe will continue in Q4 as well as next year.
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