Ericsson jumps on Q3 beat, scope for distribution hike amid strong cash

Telefonaktiebolaget LM Ericsson

14/10/2025 08:06

** Shares in Ericsson ERICb.ST rise 10% after the Swedish telecoms equipment maker posted quarterly results above estimates, while signalling a potential hike in shareholder distribution

** It posts its adjusted EBIT for Q3 at 15.45 billion Swedish crowns  ($1.62 billion) against 14.10 billion expected by analysts on average

** The company also flags a "strong cash position" that could help raise its distribution

** Jefferies analysts point to a "healthy" gross margin progression in the Networks unit, where the number rose to 50%, leading to an overall gross margin of 48.1%, above estimates

** "We regard the strengthening gross margin trend across divisions as positive", Jefferies says

** "Overall, Ericsson still beat and based on 4Q guidance we see low single-digit upgrades for the full year", J.P.Morgan says

** Shares in Finnish peer Nokia NOKIA.HE up 1%

** Ericsson shares set for best day since October 2024

($1 = 9.5282 Swedish crowns)

 (Reporting by Boleslaw Lasocki)

 ((boleslaw.lasocki@thomsonreuters.com; +48 58 769 66 00;))