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Ericsson maintains organic growth at 7% in Q1, margins improve

Wednesday 17 July 2019 | 09:01 CET | News

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Ericsson maintained its organic sales growth at 7 percent in the second quarter, driven by a solid performance at its Networks division with growth in North America and Asia. Reported sales grew 10 percent to SEK 54.8 billion, helped by currency effects, and the gross margin rose to 36.6 percent from 34.8 percent a year ago. 

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Categories: Mobile & Wireless
Companies: Ericsson
Countries: World
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