Ericsson has beaten the consensus with its Q1 19 publication, outperforming the expectations for the fifth quarter in a row, and fuelling the momentum of the company. The results are driven by solid activity in North America, which is expected to remain strong in Q2, as well as by the South Korean 5G investment. Management has reiterated its 2020 target despite the margin narrowing slightly in 2019 due to market share developments.
17 Apr 2019
Still surfing on the 5G momentum
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Still surfing on the 5G momentum
Telefonaktiebolaget LM Ericsson Class B (ERIBR:HEL) | 0 0 0.2% | Mkt Cap: 179,329m
- Published:
17 Apr 2019 -
Author:
Hugo Paternoster -
Pages:
3
Ericsson has beaten the consensus with its Q1 19 publication, outperforming the expectations for the fifth quarter in a row, and fuelling the momentum of the company. The results are driven by solid activity in North America, which is expected to remain strong in Q2, as well as by the South Korean 5G investment. Management has reiterated its 2020 target despite the margin narrowing slightly in 2019 due to market share developments.