Stronger krona and AI costs impact Ericsson's profitability

Ericsson's sales were lower than expected, with profitability pressured by a stronger Swedish krona, which reduced profit by over 2 billion, and rising input costs due to the AI boom.

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svenska-dagbladetSwedish123d ago

Stärkt krona kostar Ericsson över 2 miljarder

Ericssons försäljning var lägre än väntat. Och lönsamheten pressas när AI-boomen skapar stigande insatskostnader. Mest påverkar den starkare kronan som sänker vinsten över 2 miljarder. – Vi har kraftig motvind valutamässigt, säger telekomjättens vice vd Per Narvinger.

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Stronger krona and AI costs impact Ericsson's profitability

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Stärkt krona kostar Ericsson över 2 miljarder

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