Ericsson: 2024 EPS only just positive
(CercleFinance.com) - Ericsson reported EPS of 0.
01 SEK for 2024, compared with a loss of 7.94 SEK per share in 2023, and will propose a dividend up by more than 5% to 2.85 SEK per share at its AGM.
The Scandinavian network equipment supplier increased its adjusted EBITA by 27% to 27.2bn SEK, giving an margin that is up 2.9 points to 11% on sales down 6% to almost 248bn SEK (-5% organic).
Q4 marks a strong end to 2024 for Ericsson. We have made good progress against our strategic plan and generated solid free cash flow, it said.
The boom in programmable networks for differentiated performance has continued to develop, and customers are increasingly recognizing the benefits of making mobile networks accessible via APIs, management adds.
Copyright (c) 2025 CercleFinance.com. All rights reserved.
01 SEK for 2024, compared with a loss of 7.94 SEK per share in 2023, and will propose a dividend up by more than 5% to 2.85 SEK per share at its AGM.
The Scandinavian network equipment supplier increased its adjusted EBITA by 27% to 27.2bn SEK, giving an margin that is up 2.9 points to 11% on sales down 6% to almost 248bn SEK (-5% organic).
Q4 marks a strong end to 2024 for Ericsson. We have made good progress against our strategic plan and generated solid free cash flow, it said.
The boom in programmable networks for differentiated performance has continued to develop, and customers are increasingly recognizing the benefits of making mobile networks accessible via APIs, management adds.
Copyright (c) 2025 CercleFinance.com. All rights reserved.