These Efforts Will Help Ericsson Reduce Costs, Improve Efficiency
Earlier in this series, we learned that Ericsson (ERIC) wants to expand its operating and gross margins over the next few years. Ericsson’s long-term ambition is to reach below 100 working capital days compared to the 105 days it had in 2017. With a focus on cost reductions as well as discipline toward capex and mergers and acquisitions, Ericsson aims to drive positive free cash flow.