Telefonaktiebolaget LM Ericsson

Financial performance

• Reported net sales decreased by 10% YoY to SEK 49.3 billion (55.0), with a negative currency impact of SEK 7.8 billion. Organic sales growth was 6%*.
• Gross income was SEK 23.3 billion (26.5), with a gross margin of 47.2% (48.2%).