Ericsson : Excellent margin improvement, despite China and supply chain difficulties
>Q3 2021 results better than expected, despite lower sales - Ericsson's Q3 2021 results, reported yesterday, beat expectations, thanks to a marked improvement in margins and despite the drop in sales as a result of: 1/ market share losses in China (related to Chinese reprisals following Huawei's ban in Sweden), and 2/ disruptions in the supply chain. Sales thus came in at SEK 56.3bn, below the consensus of SEK 58.1bn, or a decline of 1% on cc. The sales decline in Chi...Ericsson provides communications technology and services. Co.'s services, software and infrastructure – especially in mobility, broadband and the cloud – enable the telecom industry and other sectors to do business, increase efficiency, improve the user experience and capture new opportunities. Co. has more than 110,000 professionals and customers in more than 180 countries. Co. provides support for networks with more than 2.5 billion subscribers. Co.'s core business areas are called Radio, Core and Transmission and Telecom Services. Co. divides its operations into three business segments: Networks, Global Services and Support Solutions.
Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.