Ericsson Nikola Tesla 9-month revenues up 16% year-on-year

Tuesday 29 October 2019 | 17:01 CET | News
Ericsson Nikola Tesla reported sales revenue of HRK 1.25 billion in the first nine months of 2019, up by 16 percent year-over-year. Operating profit was up 9.9 percent to HRK 89.9 million, while profit before tax increased by 11.2 percent to HRK 93.5 million. Net profit increased by 29.6 percent, to HRK 80.8 million. 

Thank you for visiting Telecompaper

Sign up below to get access to the rest of this article and all the telecom news you need.

  • Register free and gain access to even more articles from Telecompaper. Register here
  • Subscribe and get unlimited access to Telecompaper’s full coverage, with a customised choice of news, commentary, research and alerts.


Already registered?

Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Categories: General
Companies: Ericsson / Ericsson Nikola Tesla
Countries: Croatia (Hrvatska)
::: add a comment

Add comment

We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.


Ericsson Nikola Tesla re-elects Kovacevic as president

Published 27 Dec 2019 09:58 CET | Croatia (Hrvatska)
Gordana Kovacevic, president of Ericsson Nikola Tesla (ENT), has been granted a mandate by the supervisory board for a new term ...

Ericsson Nikola Tesla and King ICT win Croatia 112 tender

Published 24 Sep 2019 11:01 CET | Croatia (Hrvatska)
A consortium consisting of Ericsson Nikola Tesla and King ICT signed with Croatia's Ministry of Interior a three-year agreement ...

Ericsson Nikola Tesla to develop A1 network in Croatia

Published 24 Sep 2019 10:59 CET | Croatia (Hrvatska)
Croatian operator A1 Hrvatska is continuing its cooperation with long-term partner Ericsson Nikola Tesla by signing an exclusive ...

Ericsson Nikola Tesla H1 sales grow 8%

Published 25 Jul 2019 13:54 CET | Eastern Europe
Croatian telecom equipment manufacturer Ericsson Nikola Tesla reported sales revenue of HRK 821.7 million in the first half of ...

Ericsson Nikola Tesla to expand HT Eronet's LTE network

Published 15 Jul 2019 12:38 CET | Bosnia and Herzegovina
Ericsson is the single vendor of HT Eronet's wireless access network. Due to radio system equipment, which is 5G and IoT-ready, ...