Image
Swedish kit vendor Ericsson managed to grow its revenues for a change in the last quarter of 2024, with the RAN business cycle becoming a bit more favourable.
“Q4 marks a strong end to 2024 for Ericsson,” opened Ericsson CEO Börje Ekholm in his comments on the latest numbers. Under different circumstances, 2% year-on-year organic sales growth may elicit a more nuanced reaction, but this marks a significant inflection point for a company that has seen sales declines in many of its previous quarters. So we won’t begrudge Ekholm his relief at turning the corner.
