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Ericsson returns to profit in Q1 as organic sales growth strengthens to 7%

2019-04-17 10:22:00| Telecompaper Headlines

(Telecompaper) Ericsson reported a further strengthening in sales growth in the first quarter, with revenues up 7 percent on an organic basis compared to 4 percent in the previous quarter, thanks to expansion in the North American market. The company returned to a net profit, of SEK 2.4 billion, versus a loss of SEK 0.7 billion in the year-earlier period. 

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Category:Telecommunications

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