07.02.2013 14:55:00
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Telefonaktiebolaget LM Ericsson -- Moody's changes outlook on Ericsson's A3 rating to negative
Frankfurt am Main, February 07, 2013 -- Moody's Investors Service has today affirmed the A3 senior unsecured and (P)Baa1 senior subordinate ratings of Telefonaktiebolaget LM Ericsson ("Ericsson") and changed to negative from stable the outlook on the ratings. The outlook change was triggered by Ericsson's weak margin performance through 2012 and the cautious outlook for a near-term recovery in profitability.