Brief: Ericsson Q2 EBIT Down At Sek 5,919 Mln
BRIEF-Ericsson Q2 EBIT Down At Sek 5,919 Mln July 14 (Reuters) - Telefonaktiebolaget LM Ericsson ERICb.ST:
Q2 EBIT SEK 5,919 MILLION
Q2 EBITA SEK 6,277 MILLION
Q2 ADJUSTED EBIT SEK 6,520 MILLION VERSUS. IBES ESTIMATE SEK 6,414 MILLION
Q2 NET SALES SEK 52,691 MILLION VERSUS. IBES ESTIMATE SEK 53,682 MILLION
Q2 EPS SEK 1.22
Q2 ADJUSTED GROSS MARGIN 48.4%
Q2 GROSS MARGIN 45.8%
Q2 EBITA MARGIN 11.9%
Q2 NET INCOME SEK 4,076 MILLION
ADJUSTED GROSS MARGIN WAS 48%, UP BY 2 PERCENTAGE POINTS AFTER NORMALIZING FOR ONE-OFF BENEFIT OF IPR SETTLEMENT LAST YEAR
WE EXPECT SOME PRESSURE ON NETWORKS ADJUSTED GROSS MARGIN IN Q3 DUE TO HIGHER VOLUMES OF NETWORK ROLLOUT PROJECTS.
ERICSSON SEES Q3 NETWORKS SALES GROWTH TO BE ABOVE 3-YEAR AVERAGE SEASONALITY.
Q2 NETWORKS SALES DECLINED BY -8% TO SEK 33.0 B
ERICSSON SEES Q3 NETWORKS ADJUSTED. GROSS MARGIN TO BE IN THE RANGE OF 48% TO 50%.
SALES IN MARKET AREA AMERICAS DECLINED BY -1%
ERICSSON SEES Q3 CLOUD SOFTWARE AND SERVICES SALES GROWTH TO BE BROADLY SIMILAR TO 3-YEAR AVERAGE SEASONALITY.
NETWORKS SALES DECREASED BY -4%* MAINLY REFLECTING LOWER IPR LICENSING REVENUES
GROSS MARGIN AND GROSS INCOME WERE NEGATIVELY IMPACTED BY LOWER IPR LICENSING REVENUES
RESTRUCTURING CHARGES FOR 2026 ARE EXPECTED TO BE AT ELEVATED LEVELS
Source text: ID:nWkr7k3CsT
Further company coverage: [ERICb.ST]
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