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5-day change | 1st Jan Change | ||
| 56.78 SEK | +1.50% |
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-1.08% | -10.03% |
| May. 03 | European Equities Traded in the US as American Depositary Receipts Rise in Friday Trading, Set to Close Week Lower | MT |
| May. 03 | Ericsson: 5G agreement with DNB in Malaysia | CF |
STOCKHOLM (Reuters) - Sweden's Ericsson on Friday reported fourth-quarter core earnings that missed expectations for the third quarter in a row, as sales of 5G equipment slowed in high-margin markets such as the United States.
The company's quarterly adjusted operating earnings excluding restructuring charges fell to 9.3 billion Swedish crowns ($902 million) from 12.8 billion crowns a year earlier. Analysts' mean forecast for core earnings was 11.22 billion, according to Refinitiv data.
($1 = 10.3095 Swedish crowns)
(Reporting by Supantha Mukherjee in Stockholm, editing by Terje Solsvik)
| 1st Jan change | Capi. | |
|---|---|---|
| -10.03% | 17.53B | |
| -6.73% | 191B | |
| +16.51% | 85.99B | |
| +62.04% | 67.25B | |
| +12.95% | 58.93B | |
| +29.12% | 31.88B | |
| +12.02% | 20.35B | |
| +65.01% | 20.24B | |
| +8.27% | 17.62B | |
| +18.18% | 11.32B |
ERICSSON 
