Ericsson has reported that group organic sales in Q2 declined by -9 per cent YoY. Segment Networks sales declined by -13 per cent, while segment Enterprise sale
Ericsson (ERIC) reported that its first-quarter net income declined to 1.6 billion Swedish kronor from 2.9 billion kronor, prior year. EPS decreased to 0.45 kronor from 0.
Committed to reaching lower end of long-term target of 15-18% EBITA margin and generating Free Cash Flow before M&A of 9%-12% of sales by 2024 Acceleration of.