Ericsson to pay 80 million euros after settling damages claim with Nokia_老虎社区_美港股上老虎

Ericsson to pay 80 million euros after settling damages claim with Nokia

Reuters2021-05-12

STOCKHOLM, May 12 (Reuters) - Telecoms gear maker Ericsson

has reached an agreement with Finland's Nokia

to pay a settlement of 80 million euros ($97.0 million), it said on Wednesday.

Ericsson said the settlement would impact operating profit (EBIT) by 80 million euros and cashflow by 26 million euros in the second quarter.

"The amount reflects uncertainty, risk, expense, and potential distraction from business focus associated with a potentially lengthy and complex litigation," it said in a statement.

The Swedish company added that the remainder of the settlement amount would be made in similar installments in 2022 and 2023 respectively, impacting cash-flow.

免责声明：本文观点仅代表作者个人观点，不构成本平台的投资建议，本平台不对文章信息准确性、完整性和及时性做出任何保证，亦不对因使用或信赖文章信息引发的任何损失承担责任。

invest4value
·2021-05-12
Glad that it's settled.
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invest4value
·2021-05-12
Glad that it's settled.
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WildFoE
·2021-05-12
[Anger]
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Jayb2w
·2021-05-12
PleaseReply and commetn
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- chubzchubx:
  comment back plz
  2021-05-12
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- Brugelion:
  Back
  2021-05-12
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- chubzchubx回复Brugelion:
  hello
  2021-05-13
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Naux
·2021-05-12
like and comment
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- chubzchubx:
  comment back plz
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投资J
·2021-05-12
wow nokia strong!!
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