Ericsson financial information restated for IFRS 15

Content : Press releases; HashTags : #Ericsson

  • New accounting standard IFRS 15 effective as of January 1, 2018
  • Ericsson discloses restated financial information for full year 2016 and each quarter of 2017
  • The standard impacts timing of recognition of revenue and costs, while no impact on cash flow
  • 2020 financial targets and near-term planning assumptions unchanged

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