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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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Telia maintains dividend after growth in underlying EBITDA, cash flow in 2018

2019-01-25 07:31:00| Telecompaper Headlines

(Telecompaper) Telia Company reported fourth-quarter sales up 4.9 percent to SEK 22.21 billion, helped by its takeover of Get and TDC's activities in Norway from October. Service revenues in local currencies, excluding acquisitions and disposals, declined 2.5 percent, as market conditions remained difficult in its biggest market Sweden, offsetting growth in other countries. Adjusted EBITDA rose 3.3 percent to SEK 6.74 billion but was down 5.5 percent in local currencies, after adjusting for acquisitions and disposals. 

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Ericsson sees first organic growth in 5 years as sales surge

2019-01-25 01:00:00| Total Telecom industry news

Swedish network equipment provider Ericsson has posted a strong set of full year financials, showing the first organic growth in revenues for 5 years. Sales revenues grew by 3 per cent in 2018, to stand at 205.4 billion Swedish Krona ($22.6 billion). Ericsson saw its strongest growth in Q4 2018…read more on TotalTele.com »

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Eurozone's economic outlook darkens as growth risks increase

2019-01-24 19:59:31| BBC News | Business | UK Edition

European Central Bank chief Mario Draghi is more cautious about eurozone growth - likely to push rate rises into the distance.

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APV Engineered Coatings Experiences Record Growth in 2018

2019-01-24 11:00:00| Coatings World Breaking News

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