>>> Ericsson on the tape

* ERICSSON ERICb.ST SAYS ‍FIRST RESULTS FROM ACCELERATED COST REDUCTION ACTIVITIES AND CONTRACT REVIEWS ARE ALREADY VISIBLE AND THERE IS GOOD TRACTION IN ONGOING PORTFOLIO REVIEW​
* ERICSSON ERICb.ST SAYS ‍ROBUST PLANS IN PLACE WITH A TARGET OF SALES OF SEK 190 - 200 B. WITH 37 - 39% GROSS MARGIN AND AT LEAST 10% OPERATING MARGIN, EXCLUDING RESTRUCTURING, BY 2020 FOR GROUP​
* ERICSSON ERICb.ST SAYS ‍RESTRUCTURING CHARGES FOR FULL YEAR 2018 ARE ESTIMATED TO SEK 5 - 7 B.​
* (ERICb.ST) - ERICSSON ERICb.ST SAYS ‍BUT SINCE THERE ARE EXECUTION RISKS IN ALL PLANS AND WE START FROM A WEAKER STARTING POINT THAN ORIGINALLY PLANNED FOR, WE PREFER TO BE CAUTIOUS​