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ERIC Telefonaktiebolaget LM Ericsson News Story

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Brief: Ericsson Q3 Adjusted EBIT At SEK 15.45 Bln, Above Estimates

Oct 14 (Reuters) - Telefonaktiebolaget LM Ericsson ERICb.ST:

Q3 ADJUSTED EBIT SEK 15,454 MILLION VERSUS. ESTIMATE SEK 14,100 MILLION

Q3 EBITA SEK 15,516 MILLION

Q3 EBIT SEK 15,151 MILLION

Q3 EBITA MARGIN 27.6%

Q3 GROSS MARGIN 47.6%

Q3 NET SALES SEK 56,239 MILLION VERSUS. ESTIMATE SEK 55,710 MILLION

Q3 EPS SEK 3.33

Q3 NET INCOME SEK 11,300 MILLION

Q3 ADJUSTED GROSS MARGIN 48.1%

ON NETWORKS: SEES Q4 SALES GROWTH TO BE BROADLY SIMILAR TO 3-YEAR AVERAGE SEASONALITY

RESTRUCTURING CHARGES FOR 2025 ARE EXPECTED TO REMAIN AT ELEVATED LEVELS

ON NETWORKS: SEES Q4 ADJUSTED GROSS MARGIN TO BE IN RANGE OF 49%-51%

AMORTIZATION OF INTANGIBLE ASSETS IS EXPECTED TO BE AROUND SEK -0.5 B. PER QUARTER

WE EXPECT ENTERPRISE ORGANIC SALES TO STABILIZE IN Q4 AND RAN MARKET TO REMAIN BROADLY STABLE

STRONG Q3 CASH POSITION OFFERS SCOPE FOR INCREASED SHAREHOLDER DISTRIBUTIONS

ON DISTRIBUTION: RECOMMENDATION ON SCALE, MECHANISM TO BE INCLUDED IN Q4 REPORT

IN LATIN AMERICA SALES DECLINED SIGNIFICANTLY AS RESULT OF CONTINUED INTENSE COMPETITION AND LOWER CUSTOMER NETWORK INVESTMENTS

MARKET AREA AMERICAS SALES DECLINED BY -8%* YOY

Source text: ID:nWkr1XnJZS

Further company coverage: [ERICb.ST]

 (Gdansk Newsroom)

 ((gdansk.newsroom@thomsonreuters.com; +48 58 7696600;))

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