Competition in electronics retailing has remained stiff in Q2/23 as in Q1/23 with players reducing inventories. Verkkokauppa.com sees a slowdown in demand also in B-to-B, which has likely led to players putting these products in sale for the consumer markets. Self-help measures start to aid profitability from Q2 onward. No visibility to the biggest seasons (back-to-school and Christmas), so guidance will remain intact and loose. It will take more time to improve materially.

https://research.sebgroup.com/corporate/reports/121349

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