Home › Ericsson maintains dividend after FY loss, to sell part of media division
 

Keywords :   


Ericsson maintains dividend after FY loss, to sell part of media division

2018-01-31 07:35:00| Telecompaper Headlines

(Telecompaper) Ericsson saw its net loss swell to SEK 35 billion in 2017 as the company wrote down assets and took charges for widescale lay-offs and restructuring. However, the company maintained its annual dividend at SEK 1 per share and said it expects a smaller contraction in the network equipment market this year as it benefits from cost reductions. It also agreed to sell part of its media business.

Tags: part media sell loss

Category:Telecommunications

Latest from this category

All news
»
28.09Eastern North Pacific Tropical Weather Outlook
28.09Atlantic Tropical Weather Outlook
28.09Post-Tropical Cyclone Helene Public Advisory Number 21
28.09Tropical Storm Joyce Public Advisory Number 5
28.09Summary for Tropical Storm Joyce (AT1/AL112024)
28.09Post-Tropical Cyclone Helene Public Advisory Number 21
28.09Tropical Storm Joyce Forecast Discussion Number 5
28.09Tropical Storm Joyce Wind Speed Probabilities Number 5
More »