The telecom equipment manufacturer Ericsson, one of the year's heavier winners on the Stockholm Stock Exchange, reports an unexpectedly strong result for the third quarter. Successes in the USA lie behind the upswing, according to Ericsson CEO Börje Ekholm. The share surges 8-9 percent at the stock exchange opening.
TechnologyThe telecom equipment manufacturer Ericsson achieves an unexpectedly strong result for the third quarter. The stock surges 7-8 percent on the stock exchange. Successes in the USA lie behind the upswing, but also significant cost savings, according to Ericsson CEO Börje Ekholm.
TechnologyThe construction sector is the climate villain that accounts for a large part of Sweden's emissions. Stopping construction or renovation is of course not an option – but new smart solutions are emerging. The construction of new homes north of Stockholm surprised and managed to halve emissions.
SwedenDespite the massive loss of 11.9 billion kronor, Ericsson reports a better result than what stock experts had expected for the second quarter of the year. The company sees a tough year ahead, requiring new cost savings. We are looking at all costs, says Vice CEO Fredrik Jejdling to TT.
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