Ericsson reported a 7% decline in sales year on year for the second quarter of 2024 on an organic basis to 59.8 billion Swedish krona (5.6 billion US dollars). Börje Ekholm, CEO, said: “We expect market conditions to remain challenging this year, as the pace of India investments slow, however our sales will benefit during the second half from contract deliveries in North America.”
Source: Ericsson report
No comments:
Post a Comment