Financial Times FT.com

Ericsson earnings unhurt by turmoil

STOCKHOLM, Oct 20 - Ericsson posted stronger-than-expected third-quarter earnings on Monday, benefiting from heavy network traffic and emerging unscathed from the financial turmoil roiling world markets.

Ericsson, which had been scheduled to unveil quarterly earnings next Friday, made an operating profit of SKr5.7bn ($772.5m) excluding restructuring charges.

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