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Ericsson announced that it earned 6.695 million kronor (710 million euros) to September, 4% less than in the same period last year.
The gross profit of the company in the first three quarters of the year stood at SEK 59,150 million, representing an increase of 3% in annual terms.
Operating costs increased by 6% between January and September, up to 48.212 million crowns due largely to the rise of 12% in costs for sales and administration.
Ericsson's turnover rose 8% year on year, reaching 173.352 million kroons between January and September, according to the balance released by the company.
Earnings per share amounted to SEK 2 per share, compared to 2.27 crowns comparison period.
In the last quarter, the benefit of Ericsson shot up 19%, when revenues rose 3%, gross profit fell 1% and net operating profit grew 31%.
The gross profit of the company in the first three quarters of the year stood at SEK 59,150 million, representing an increase of 3% in annual terms.
Operating costs increased by 6% between January and September, up to 48.212 million crowns due largely to the rise of 12% in costs for sales and administration.
Ericsson's turnover rose 8% year on year, reaching 173.352 million kroons between January and September, according to the balance released by the company.
Earnings per share amounted to SEK 2 per share, compared to 2.27 crowns comparison period.
In the last quarter, the benefit of Ericsson shot up 19%, when revenues rose 3%, gross profit fell 1% and net operating profit grew 31%.