Weaker sales lower Ericsson's share
Weaker-than-expected sales lowered Ericsson's share on the Tuesday stock exchange. Outgoing CEO Börje Ekholm's warning of rising component costs in the coming quarters contributed to pressure on the price.
At closing, the share's fall was summed up to 12.6 percent on the Stockholm Stock Exchange.Ericsson's future
Higher prices announced when Ekholm checks out
Börje Ekholm's last quarterly report as CEO and President of Ericsson is not well received. The share falls and the company announces that they must work on price increases in the future.
Ericsson's CFO Lars Sandström points out to Nyhetsbyrån Direkt that there is hard work that needs to be done during the second half of 2026, but also in the coming years. And it is not enough to work on internal measures.
- It is also about working on price towards the customer, and it often takes a little longer, Sandström tells the news agency.
Christer Gardell, whose activist fund Cevian is the fifth largest shareholder in Ericsson, is nevertheless positive about the report.
– During Börje's time as CEO, Ericsson has undergone organizational tightening and is today a clearly better company than when he took office, he tells EFN.
Ericsson: Higher profitability but lower sales
Telecom giant Ericsson's profit was higher than expected in the second quarter, according to this morning's interim report.
The operating margin – that is, profitability – was 13.1 percent, compared to the expected 12.4 percent.
Sales decreased at the same time to 52.7 billion, coming in lower than analysts had expected.
– Our results in the second quarter show the strength of our portfolio and our disciplined implementation of the strategy, says Börje Ekholm, CEO and President.
This is the last quarter with Börje Ekholm as CEO. Per Narvinger will take over in the fall. Lars Söderfjell, head of equities at the Bank of Åland, believes that Ekholm is leaving a strong Ericsson behind. He tells DI.
– Unusually undramatic for an Ericsson report, says Lars Söderfjell to the newspaper.
The share falls sharply when the stock exchange opens. After a few minutes of trading, the price was down 9 percent.
Weaker-than-expected sales lowered Ericsson's share on the Tuesday stock exchange. Outgoing CEO Börje Ekholm's warning of rising component costs in the coming quarters contributed to pressure on the price.
At closing, the share's fall was summed up to 12.6 percent on the Stockholm Stock Exchange.Ericsson's future
Higher prices announced when Ekholm checks out
Börje Ekholm's last quarterly report as CEO and President of Ericsson is not well received. The share falls and the company announces that they must work on price increases in the future.
Ericsson's CFO Lars Sandström points out to Nyhetsbyrån Direkt that there is hard work that needs to be done during the second half of 2026, but also in the coming years. And it is not enough to work on internal measures.
- It is also about working on price towards the customer, and it often takes a little longer, Sandström tells the news agency.
Christer Gardell, whose activist fund Cevian is the fifth largest shareholder in Ericsson, is nevertheless positive about the report.
– During Börje's time as CEO, Ericsson has undergone organizational tightening and is today a clearly better company than when he took office, he tells EFN.
Ericsson: Higher profitability but lower sales
Telecom giant Ericsson's profit was higher than expected in the second quarter, according to this morning's interim report.
The operating margin – that is, profitability – was 13.1 percent, compared to the expected 12.4 percent.
Sales decreased at the same time to 52.7 billion, coming in lower than analysts had expected.
– Our results in the second quarter show the strength of our portfolio and our disciplined implementation of the strategy, says Börje Ekholm, CEO and President.
This is the last quarter with Börje Ekholm as CEO. Per Narvinger will take over in the fall. Lars Söderfjell, head of equities at the Bank of Åland, believes that Ekholm is leaving a strong Ericsson behind. He tells DI.
– Unusually undramatic for an Ericsson report, says Lars Söderfjell to the newspaper.
The share falls sharply when the stock exchange opens. After a few minutes of trading, the price was down 9 percent.
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