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Ericsson books $3 bln impairment, says Q3 core profit fell 39%, ET Telecom

Ericsson said a preliminary reading showed its operating profit before amortisation and restructuring and impairment charges fell 39% in the third quarter to 4.7 billion crowns. Group sales adjusted for comparable units and currency translation effects fell 10%. Ericssons biggest division Networks saw organic sales drop 16%.
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