Ericsson has reported that organic sales were stable in Q1, with strong growth in market area Americas offset by declines in other market areas. Reported sales were SEK 55 billion (€4.97bn).

Net income was SEK 4.2 billion, and free cash flow before M&A stood at SEK 2.7 billion.

Börje Ekholm, President and CEO, commented: “We sustained solid momentum in Q1, despite a challenging and fast changing macro backdrop, and our results highlight our competitiveness. Our solid execution contributed to a strong 48.5 per cent adjusted gross margin and 12.6 per cent adjusted EBITA margin. We extended our technology leadership position further and are on track to offer a portfolio of 130 radios this year that support programmable networks. In Q1, we announced the first Asia Pacific programmable network, including deployment of 5G Advanced, with Telstra.”

“Looking ahead, we remain confident of our strong position in Mobile Networks and expect Enterprise to stabilise during 2025. In the evolving global trade landscape and macro volatility, we continue to focus on controlling what we can control and delivering to our customers. We are not immune, but we are resilient, with well diversified production close to the customer and the flexibility to adapt to changing conditions over time,” added Ekholm.

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Categories: Articles, Business, Results

Tags: ericsson, Telstra