Ericsson reported Q4 revenues of SEK65.2bn, corresponding to a decrease of 11.4% yoy. On a comparable basis (comparable units and currency), however, the decline was 15%. The Middle East, NE Asia and SE Asia were the only areas to show substantial yoy growth (respectively +5%, +8% and +25%), the latter being the only region to display growth on a yearly basis. Networks fell by 13.1% yoy (SEK32.4bn), Global Services by 4.1% (SEK29.4bn) and Support Solutions by 39.5% (SEK3.4bn). The gross margi
26 Jan 2017
Little enthusiasm for 2017
Sign up to access
Get access to our full offering from over 30 providers
Get access to our full offering from over 30 providers
Little enthusiasm for 2017
Telefonaktiebolaget LM Ericsson Class B (ERIBR:HEL) | 0 0 0.2% | Mkt Cap: 179,329m
- Published:
26 Jan 2017 -
Author:
Charles Bordes -
Pages:
3
Ericsson reported Q4 revenues of SEK65.2bn, corresponding to a decrease of 11.4% yoy. On a comparable basis (comparable units and currency), however, the decline was 15%. The Middle East, NE Asia and SE Asia were the only areas to show substantial yoy growth (respectively +5%, +8% and +25%), the latter being the only region to display growth on a yearly basis. Networks fell by 13.1% yoy (SEK32.4bn), Global Services by 4.1% (SEK29.4bn) and Support Solutions by 39.5% (SEK3.4bn). The gross margi