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Re: Tuff-Stuff post# 496502

Thursday, 01/31/2013 4:48:35 AM

Thursday, January 31, 2013 4:48:35 AM

Post# of 648882
ERIC UP overseas<>Ericsson (ERIC): Q4 net loss 6.26B ($986M) krona vs profit of 1.49B krona a year earlier, due to an already announced 8B krona writedown of ST-Ericsson chip JV. EBIT +17% to 4.8B krona vs consensus of 4.3B krona. Revenue +5% to 66.94B krona, boosted by 51% jump in North America. Gross margin rises to 31.1% from 30.2% vs forecasts of 30.8%. Expects improved profitability in H2 as it focuses on increasing high-margin sales.

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