To: P2V who wrote (1611 ) 5/18/1998 6:19:00 PM From: P2V Read Replies (1) | Respond to of 5390
ERICSSON'S 1997 OPERATING EXPENSES Ericsson announced in their 1998 first quarter report operating expenses in a new format. R&D and other technical expenses, selling expenses and administrative expenses were given on separate lines with corresponding figures for first quarter 1997. Below you will find Ericssons operating expenses for each quarter 1997 in accordance with the reporting structure for first quarter 1998. Operating expenses, isolated quarters (MSEK) 97Q1 97Q2 97Q3 97Q4 98Q1 ------------------------------------------------------------------ R&D and Other Technical expanses 5,146 6,252 5,798 7,046 5,937 Selling expenses 3,817 5,330 4,720 6,597 5,306 Administrative expenses 1,658 1,890 1,645 2,562 2,016 ------------------------------------------------------------------ Operating expenses 10,621 13,472 12,163 16,205 13,259 Ericsson's 100,000 employees are active in more than 130 countries. Their combined expertise in fixed and mobile networks, mobile phones and infocom systems makes Ericsson a world-leading supplier in telecommunications. FOR FURTHER INFORMATION, PLEASE CONTACT Johan Fant, Senior Vice President, Corporate Financial Control Tel. +46 8 719 3707 or +46 70 540 4011 Karin Almqvist Liwendahl, Director, Investor Relations Tel. +46 8 719 5340 or +46 70 590 5340 Per Bengtsson, Vice President, Investor Relations, Ericsson Inc. Tel. +1 212 685 4030 or +1 201 757 3527 ---------------------------------------------------------------- CHANGES TO YOUR SUBSCRIPTION? Cancel your subscription, or have this newsletter delivered to a different E-mail address? If so, just point your web browser atericsson.se for more details.