Ericsson reports Q4 net income (SK6.3B) vs. SK1.5B a year ago Reports Q4 revenue SK66.9B vs. SK63.7B a year ago. The company said, "During the year profitability was negatively impacted by operating losses in ST-Ericsson, the ongoing network modernization projects in Europe as well as the underlying business mix, with a higher share of coverage projects than capacity projects. With present visibility of customer demand, and with the current global economic development, underlying business mix is expected to gradually shift towards more capacity projects during the second half of 2013."
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