Nordic Business Report-July 21, 2006-Ericsson reports 6-month operating profit of SEK14.9bn
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Swedish telecomms solutions provider Ericsson reported on Friday (21 July) an operating profit of SEK14.9bn on net sales of SEK83.3bn for the financial period January-June 2006.
Operating profit for the six-month period was unchanged compared to the corresponding period in 2005, while net sales increased from SEK69.9bn.
Operating profit for the quarter April-June 2006 amounted to SEK8.3bn on net sales of SEK44.2bn.
One Swedish krona (SEK) is worth approximately 0.07 British pounds (GBP).
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