Ericsson

Ericsson Q1 net profit fell 79% YoY to SEK 887 million, driven by SEK 3.8 billion restructuring charges. Net sales dropped 10% to SEK 49.3 billion, offset by a SEK 7.8 billion currency headwind and 6%

European equities were largely flat on Friday, with Stoxx 600 down 0.1%, FTSE 100 down 0.1%, DAX unchanged, CAC 40 up 0.2%. Investors remained cautious ahead of potential US‑Iran talks and a tentative