Telefonaktiebolaget L M Ericsson Class B
ERIC B: XSTO (SWE)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| LOCK|$X | LOCK|wj | LOCK|v?Z?<Qd |
Ericsson Earnings: Currency Headwinds Hit Revenue but Margins Impress; Maintaining SEK 95 Valuation
Ericsson reported 2% year-over-year organic sales growth; however, a SEK 5 billion currency headwind caused reported sales to drop 6% during the second quarter. The 13% adjusted EBITA margin was up from 7% the previous year.
