Ericsson reported Q4 revenues of SEK57.2bn, corresponding to a decrease of 12.3% yoy on a reported basis, while on a comparable basis (comparable units and currency) the decline was 7%. North East Asia (-30%), South East Asia, Oceania & India (-21%), Middle East & Africa (-16%) and Europe & Latin America (-8%) were the biggest down-movers, while North America displayed some growth (+2%). By new business unit, Networks fell by 14% yoy (SEK36.2bn), Digital Services by 8.6% (SEK12.9b
31 Jan 2018
Weak quarter despite some shy improvement in Networks
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Weak quarter despite some shy improvement in Networks
Telefonaktiebolaget LM Ericsson Class B (ERIBR:HEL) | 0 0 0.2% | Mkt Cap: 179,329m
- Published:
31 Jan 2018 -
Author:
Charles Bordes -
Pages:
3
Ericsson reported Q4 revenues of SEK57.2bn, corresponding to a decrease of 12.3% yoy on a reported basis, while on a comparable basis (comparable units and currency) the decline was 7%. North East Asia (-30%), South East Asia, Oceania & India (-21%), Middle East & Africa (-16%) and Europe & Latin America (-8%) were the biggest down-movers, while North America displayed some growth (+2%). By new business unit, Networks fell by 14% yoy (SEK36.2bn), Digital Services by 8.6% (SEK12.9b