Ericsson Q4 numbers flat again, shares down again

Swedish kit vendor Ericsson delivered flat Q4 and full-year numbers but insists the foundations have been laid for future growth.
The top-line for Ericsson was that its quarterly sales were up 1% and full-year ones were up 3%. Net income was down 39% for the quarter, however, with EBIT margin almost halving. In an interview with Telecoms.com, Ericsson EVP and Head of Networks Fredrik Jejdling explained that a combination of the provision for another US fine, the write-off of some bad deals at it