International Companies

Ericsson sees sales stabilising, shares spark

By Abigail Townsend

Date: Tuesday 16 Apr 2024

(Sharecast News) - Shares in Ericsson rallied on Tuesday, after the Swedish telecoms group posted above-forecast quarterly numbers and said it expected sales to stabilise in the second half.
Operating profits excluding restructuring charges rose 7% in the first three months of the year, to 4.3bn crowns (£315.7m). Analysts had expected...

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