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By Supantha Mukherjee

<\/strong>Ericsson<\/a> beat quarterly core earnings forecasts on Tuesday, sending its shares up 8% as global demand for telecoms equipment for 5G networks offset more market share losses in mainland China.

The Swedish company has been losing business in China since Sweden banned China's Huawei from its 5G rollout. China now accounts for a low single digit proportion of group revenue, down from more than 11% before the Swedish ban, Ericsson said.

However, that has been offset by robust demand elsewhere.

\"We have seen North America continue to grow very strongly and we grew there by 16% in the quarter in constant currency,\" Chief Financial Officer Carl Mellander said.

While a resurgent Nokia has been increasing competition in several markets, Ericsson was also able to grow in Europe and Latin America in its fiscal fourth quarter.

China had an early start in rolling out 5G networks - which promises faster speeds and development of technologies such as remote surgery - but other countries are catching up. Ericsson has so far signed 170 5G contracts.

\"We think we are still relatively early in the 5G rollout if you look on the globe, so we will continue to see good demand for 5G going forward,\" CEO Börje Ekholm told a conference call.

The company's quarterly adjusted operating earnings rose to 11.9 billion Swedish crowns ($1.28 billion) from 11 billion a year ago, beating analysts' mean forecast of 10.30 billion, according to Refinitiv data.

Excluding restructuring charges, operating earnings rose to 12.3 billion crowns.

While Ericsson's total quarterly revenue rose 2% to 71.3 billion crowns, beating estimates of 68.33 billion crowns, sales in mainland China declined by 1.8 billion crowns.

Mainland China will likely see a drop in revenue for at least one more quarter, Mellander said.

First-quarter earnings will also take a hit from Ericsson's court battle with Apple over royalty payments and it expects first-quarter patent revenue to be 1-1.5 billion crowns, down from 2.4 billion crowns in the fourth quarter.

The company, which reported its highest ever quarterly cash flow, has been broadening its 5G portfolio through acquisitions, spending more than $7 billion in buying two companies.

\"M&A is part of our policy arsenal for value creation... we can expect to see some more M&A activity,\" Mellander said.
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爱立信在预测5 g抵消中国的需求问题

瑞典公司已经失去了在中国的业务自瑞典禁止中国华为5 g推出。中国现在占集团收入的一个较低的个位数上比例,从11%以上在瑞典禁令之前,爱立信说。

  • 更新2022年1月25日03:53点坚持
阅读: 100年行业专业人士
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由Supantha穆克吉

 爱立信周二击败季度核心盈利预估,令其股价涨8%,全球电信设备5 g网络需求抵消在中国大陆更多的市场份额的损失。

瑞典公司已经失去了在中国的业务自瑞典禁止中国华为5 g推出。中国现在占集团收入的一个较低的个位数上比例,从11%以上在瑞典禁令之前,爱立信说。

然而,抵消了强劲的需求。

“我们看到北美继续增长非常强烈,我们增长了16%的季度货币不变,“首席财务官卡尔melland说道。

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虽然复苏的诺基亚已经在几个市场日益激烈的竞争,爱立信也能够生长在欧洲和拉丁美洲在第四财季。

中国已经提前开始推出5 g网络——承诺更快速度和远程手术等技术的发展,但其他国家正在迎头赶上。爱立信目前签署了170 5 g合同。

“我们认为我们仍然相对较早的5 g推出地球上,所以我们会继续看到好的需求5克,”首席执行官Borje Ekholm在电话会议上说。

公司的季度调整后的营业利润升至119亿瑞典克朗(12.8亿美元)从一年前的110亿年,超过分析师平均预测的103亿年,根据Refinitiv数据。

不计重组费用,营业利润升至123亿克朗。

而爱立信的季度总营收增长2%,至713亿克朗,超出预期的683.3亿克朗,在中国大陆销售下降了18亿克朗。

中国大陆可能会看到至少一个季度收入下降,melland说道。

第一季度收益还将受到爱立信的冲击与苹果的官司特许使用金和专利,预计第一季度收入1 - 1.5克朗,从第四季度24亿克朗。

该公司公布了有史以来最高的季度现金流,通过收购扩大其5 g组合,支出超过70亿美元购买两家公司。

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“并购是我们政策阿森纳价值创造的一部分……我们可以期待看到更多的并购活动,”melland说道。
  • 发表在2022年1月25日上午11点坚持
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\"\"
<\/span><\/figcaption><\/figure>
By Supantha Mukherjee

<\/strong>Ericsson<\/a> beat quarterly core earnings forecasts on Tuesday, sending its shares up 8% as global demand for telecoms equipment for 5G networks offset more market share losses in mainland China.

The Swedish company has been losing business in China since Sweden banned China's Huawei from its 5G rollout. China now accounts for a low single digit proportion of group revenue, down from more than 11% before the Swedish ban, Ericsson said.

However, that has been offset by robust demand elsewhere.

\"We have seen North America continue to grow very strongly and we grew there by 16% in the quarter in constant currency,\" Chief Financial Officer Carl Mellander said.

While a resurgent Nokia has been increasing competition in several markets, Ericsson was also able to grow in Europe and Latin America in its fiscal fourth quarter.

China had an early start in rolling out 5G networks - which promises faster speeds and development of technologies such as remote surgery - but other countries are catching up. Ericsson has so far signed 170 5G contracts.

\"We think we are still relatively early in the 5G rollout if you look on the globe, so we will continue to see good demand for 5G going forward,\" CEO Börje Ekholm told a conference call.

The company's quarterly adjusted operating earnings rose to 11.9 billion Swedish crowns ($1.28 billion) from 11 billion a year ago, beating analysts' mean forecast of 10.30 billion, according to Refinitiv data.

Excluding restructuring charges, operating earnings rose to 12.3 billion crowns.

While Ericsson's total quarterly revenue rose 2% to 71.3 billion crowns, beating estimates of 68.33 billion crowns, sales in mainland China declined by 1.8 billion crowns.

Mainland China will likely see a drop in revenue for at least one more quarter, Mellander said.

First-quarter earnings will also take a hit from Ericsson's court battle with Apple over royalty payments and it expects first-quarter patent revenue to be 1-1.5 billion crowns, down from 2.4 billion crowns in the fourth quarter.

The company, which reported its highest ever quarterly cash flow, has been broadening its 5G portfolio through acquisitions, spending more than $7 billion in buying two companies.

\"M&A is part of our policy arsenal for value creation... we can expect to see some more M&A activity,\" Mellander said.
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