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Provider: Wright Reports
Provider: Reuters Investment Profile

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Fitch affirms Ericsson at BBB+; Outlook Negative

Tuesday, 3 Dec 2013 09:29am EST 

Fitch Ratings:Says has affirmed Ericsson's Issuer Default Rating (IDR) and senior unsecured rating at 'BBB+.Says the Outlook on the IDR is Negative.Says in its view Ericsson's well dimensioned and solid operating profile is accompanied by acceptable financial performance and a strong balance sheet.Says margin headroom remains tight in the context of the ratings, underpinning the Negative Outlook, and Fitch would like to see further evidence of improving trends before taking any positive rating action. 

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