July 16 news, recently, Ericsson released the second quarter 2022 performance report data, in the second quarter of 2022, Ericsson achieved net sales of 62.5 billion Swedish kronor (about 4.016 billion yuan), a year-on-year increase of 14%; Comparable unit and currency-adjusted net sales (organic sales) increased 5% year over year.
In the second quarter of 2022, Ericsson’s gross margin was 42.1% (compared to 43.4% in Q2 2021), and gross margin excluding restructuring charges was 42.2% (compared to 43.4% in Q2 2021).
In terms of net profit, Ericsson achieved a net profit of SEK 4.7 billion in the second quarter of 2022 (compared to SEK 3.9 billion in Q2 2021), a year-on-year increase of 19%.
Ericsson President and CEO Borje Ekholm said: “The strong business momentum continued in the second quarter. The rollout of 5G networks and increased market share contributed to a 5% increase in organic sales in the quarter. At the same time, Ericsson has restructured its group to strengthen the execution of our strategy to become a leading provider of mobile infrastructure and create a new Enterprise Wireless Solutions division. In the future, consumers, businesses and societies will be digitized in unprecedented ways through 5G. With our strategy, we believe we can seize these opportunities for further growth.
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