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Ericsson returns to organic revenue growth in 2018, Q4 sales grow 4% on 5G demand

2019-01-25 08:00:00| Telecompaper Headlines

(Telecompaper) Ericsson reported continued losses for the fourth quarter and 2018, due to restructuring charges and writedowns, but maintained its dividend and said it returned to organic revenue growth for the first time since 2013. Quarterly revenues rose 10 percent to SEK 63.8 billion and were up 4 percent on an organic basis. Over the full year, sales increased 3 percent and were 1 percent higher excluding changes in currencies and scope. 

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Category:Telecommunications

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