Wollte nur wieder einmal ein kleines lebenszeichen "meiner" aktie reinstellen.
PS. sony-ericsson macht sich auch schön langsam rentabel.
Der hammer wäre, würde dieses joint venture, an die börse gebracht werden......
mfg
ath
21.07.2006 09:01
Ericsson Q2 profit beats expectations; reiterates outlook UPDATE
(Updates with explanation behind outlook, margin details, Sony Ericsson)
STOCKHOLM (AFX) - LM Ericsson AB (Nachrichten/Aktienkurs) reported slightly better-than-expected second-quarter headline profits, despite weaker than forecast sales, underpinned by operating margins.
Profits after financials came in at 8.291 bln skr compared with SME's consensus forecast of 7.931 bln, and 8.488 bln a year earlier.
Sales increased 15 pct to 44.166 bln skr, against market expectations of 44.797 bln skr.
The company reiterated its full-year outlook for the global mobile network systems market of 'moderate' growth, which is measured in US dollars.
The company said its outlook refers only to the GSM/WCDMA market, which represents over 80 pct of the total global market. It did not refer to the CDMA market, weakness in which was the main cause behind rival Lucent Technologies Inc's recent profit warning.
Ericsson also reiterated that it expects the professional services market to show 'good growth' in 2006 compared with last year.
The second-quarter operating margin dipped to 18.7 pct from 21.6 pct, but was ahead of analysts forecasts of 17.4 pct.
Ericsson said the operating margin increased 1.8 percentage points from the first quarter because of continued cost rationalisation and a strong performance by its Sony Ericsson joint venture.
Excluding amortisation of tangible assets at Marconi, second-quarter operating margin amounted to 19.6 pct.
Second-quarter operating profit was 8.253 bln skr, down 1 pct from a year earlier but ahead of the market's forecast for 7.807 bln.
Gross margin amounted to 42.0 pct, versus analysts forecasts of 42.9 pct, and 45.9 pct a year earlier. Ericsson said the fall reflects the increased proportion of managed services business in its overall sales, as well as the integration of Marconi.
Ericsson's chief executive Carl-Henric Svanberg said ongoing consolidation in the telecommunications business is 'natural' and is being driven by the need for critical mass in research and development, marketing and supply. He said Ericsson's strategy remains based on organic growth and bolt-on acquisitions, adding the company is well positioned to gain market share.
Analysts said the result was bolstered by Sony Ericsson's 1.0 bln skr contribution, which was 200 mln skr more than expected and up from 400 mln skr a year ealier.
Sony Ericsson's forecast-beating results were released last week after analysts' consensus forecasts for Ericsson had been compiled.
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