Ericsson will report first quarter gross margin higher than level achieved in fourth quarter

Press release  |  Apr 01, 2004 07:30 (GMT +00:00)

The main reason for the improvement is better than anticipated benefits of cost of sales reduction activities.

The sales outlook for the first quarter remains unchanged. Sales are expected to show a sequential decrease due to seasonality but to show moderate growth year-over-year.

First quarter results will be announced 07.30 a.m. CET, on April 23, 2004.