It estimated restructuring charges would amount to 6-8 billion crowns in 2017, of which it would book 2 billion in the first quarter.
Ericsson said it would also take provisions of an estimated 7-9 billion crowns in the first quarter, related to certain large customer projects.
Swedish telecoms equipment maker Ericsson said on Tuesday it would take provisions, write-downs and restructuring charges this year, most of it in the first quarter, and announced a new organisational structure and business focus.
Ericsson said in a separate statement it had appointed Fredrik Jejdling, currently head of the Network Services division, as head of the new Networks division.
Ericsson said in a statement it would write down assets in the first quarter, with an estimated impact on operating income of 3-4 billion crowns ($342-$456 million).
0 comments:
Post a Comment