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Old 10-22-2009, 11:58 PM
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Post Ericsson reports fall in Q3 profits

Swedish telecoms equipment firm Ericsson has today reported a worse-than-expected 71.5% fall in profits in the July to September period.The Stockholm-based group said net profit was 810 million kronor (£71.2 million), compared with a 2.84 billion kronor in the same period a year earlier. In the same period, sales were down by 5.6% to [...]

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