Ericsson (ERIC) reported that its fourth-quarter net income attributable to owners of the parent company improved to 7.52 billion Swedish kronor or 2.26 kronor per share from last year's 4.43 billion kronor or 1.33 kronor per share, driven by the stronger operating income.
Reported operating income improved to 11.0 billion kronor from 6.1 billion kronor in the previous year. Operating income, excluding restructuring charges, was 11.0 billion kronor up from 6.5 billion kronor in the prior year. The improvement was mainly driven by improved gross margin as well as lower SG&A expenses.
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September 11, 2026 16:26 ET Consumer prices data was the main news on the economic front in the U.S. this week. In Europe, the latest interest rate decision from the European Central Bank was the focus along with the revised second quarter economic growth data for the euro area. In Asia, the monthly foreign trade data from China drew attention.