Ericsson's net increases 22% on Telecom network upgrades

Article Abstract:

Telecommunication equipment upgrades at Telefonaktiebolaget LM Ericsson of Sweden have aided in a 22 percent increase in third quarter net profit although gross margins have decreased slightly. The telecommunications equipment company has picked up more business from its biggest customers with orders this month worth $290 million.

Management dynamics, Management, Company business management

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Ericsson's profit increases 52%, but margin falls

Article Abstract:

Telefonaktiebolaget LM Ericsson of Sweden posted soaring net profits, up by 52 percent to 8.54 billion Kronor ($1.12 billion) in the fourth quarter. The telecommunications giant's profit increases were due to increased sales in emerging markets and North America. Gross margin fell to 44.2 percent from 45.6 percent a year earlier.

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Ericsson's net falls slightly despite 24% growth in sales

Article Abstract:

Telefonaktiebolaget LM Ericsson of Sweden posted steady profit of 4.58 billion Swedish Kronor ($607.8 million) from 4.62 billion Kronor last year. Sales growth was solid although revenues fell below financial projections. Revenues were pressured by the integration costs of the acquisition of Marconi Corp.

Company overview

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