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Ericsson reports a 61% jump in Q1 net profit to $430.7M, driven by North American sales growth.
Ericsson reported a 61% increase in Q1 net profit to $430.7 million, with sales up 3% to $5.6 billion.
The company's strong performance was driven by a 20% sales surge in North America ahead of potential U.S. tariffs.
Despite global trade tensions, CEO Börje Ekholm highlighted Ericsson's resilience due to its diversified production.
The company's earnings beat expectations, with core earnings rising 44% year-over-year to $636 million.
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Ericsson reporta un salto del 61% en el beneficio neto del Q1 a $430.7M, impulsado por el crecimiento de ventas en América del Norte.