Ericsson reported Q3 18 sales of SEK53.8bn, up 9% yoy and corresponding to a +1% organic increase. The gross margin reached 36.5%, a 940bp increase yoy (26.9% in Q3 17) and +170bp sequentially (versus 34.8% in Q2 18). The operating margin was 6.0% in Q3 17 versus -7.4% in Q3 17 and +0.3% in Q2 18. For the 9M, operating profit reached SEK0.2bn and corresponded to a 2.1% margin. The cash flow for operating activities was SEK2.0bn; leading to an increased cash position of SEK32bn (versus SEK24.1
19 Oct 2018
The recovery's momentum led by 5G is now accelerating
Sign up to access
Get access to our full offering from over 30 providers
Get access to our full offering from over 30 providers
The recovery's momentum led by 5G is now accelerating
Telefonaktiebolaget LM Ericsson Class B (ERIBR:HEL) | 0 0 0.2% | Mkt Cap: 179,329m
- Published:
19 Oct 2018 -
Author:
Lionel Pellicer -
Pages:
3
Ericsson reported Q3 18 sales of SEK53.8bn, up 9% yoy and corresponding to a +1% organic increase. The gross margin reached 36.5%, a 940bp increase yoy (26.9% in Q3 17) and +170bp sequentially (versus 34.8% in Q2 18). The operating margin was 6.0% in Q3 17 versus -7.4% in Q3 17 and +0.3% in Q2 18. For the 9M, operating profit reached SEK0.2bn and corresponded to a 2.1% margin. The cash flow for operating activities was SEK2.0bn; leading to an increased cash position of SEK32bn (versus SEK24.1