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Ericsson reports continued solid performance
Third quarter summary
Net sales SEK 31.8 (28.0) b., nine months SEK 92.5 (81.5) b.
Gross margin 47.1% (35.9%)1)
Operating margin 22.7% (5.2%)2)
Income after financial items SEK 7.0 (1.1) b.2)
Net income SEK 4.8 (-3.9) b., nine months SEK 13.0 (-11.0) b.
Earnings per share SEK 0.30 (-0.25), nine months SEK 0.82 (-0.69)
Ericsson awarded GSM contract by Dishnet Wireless for the northern and eastern circles in India
Ericsson has signed a contract with Dishnet Wireless Limited in India to deploy a complete turnkey GSM/GPRS/EDGE network infrastructure and equipment for the northern and eastern circles in India. The circles account for nearly half of India's population. The contract is to be rolled out over a period of two years.
Sony Ericsson reports continued growth in sales and profit
Tokyo and Stockholm -- Sony and Ericsson today announced the consolidated financial summary for the third quarter ended September 30, 2004 of Sony Ericsson Mobile Communications AB (Sony Ericsson), the 50:50 joint venture of Sony and Ericsson.
Units shipped in the quarter reached 10.7 million, a 51% increase compared to the same period last year. Sales for the quarter were Euro 1,678 million, representing a year-on-year increase of 29%. Income before taxes was Euro 136 million and net income was Euro 90 million, which represent year-on-year improvements of Euro 97 million (249%) and Euro 28 million (45%) respectively.
Units shipped in the quarter reached 10.7 million, a 51% increase compared to the same period last year. Sales for the quarter were Euro 1,678 million, representing a year-on-year increase of 29%. Income before taxes was Euro 136 million and net income was Euro 90 million, which represent year-on-year improvements of Euro 97 million (249%) and Euro 28 million (45%) respectively.
Ericsson chosen by TeliaSonera as sole supplier for 2G and 3G mobile systems in Denmark
TeliaSonera has selected Ericsson as sole supplier for its future-proof GSM and WCDMA network, enabling high capacity mobile services for consumers and enterprises in Denmark. Ericsson will deliver GSM, GPRS, EDGE and WCDMA equipment, network rollout and related services to TeliaSonera.
Omvandling av B-aktier till A-aktier i Ericsson
I den första omvandlingsomgången har 265.519.834 B-aktier i Ericsson omvandlats till lika många A-aktier.
Conversion of B-shares to A-shares in Ericsson
265,519,834 B-shares in Ericsson have been converted to the same number of A-shares in the first conversion round.
Ericsson acquires the French systems integration company Audilog
Ericsson has today announced the acquisition of the French company Audilog, specialized in systems integration in the area of network management.