Core Insights - The company achieved a new long-term profit margin level in Q3, driven by strong performance in core network business and a 9% increase in cloud software and services sales [1][2] - The company’s 5G solutions have been recognized for their leadership position by Gartner and Omdia, with a focus on AI-native and hardware-agnostic software architecture [1][2] - The company anticipates stable organic sales in enterprise business for Q4, with a steady RAN market overall [1] Financial Highlights - Reported sales amounted to 56.2 billion Swedish Krona, with an adjusted total revenue decrease of 4.2 billion Swedish Krona due to unfavorable currency effects [2] - Adjusted gross margin improved to 48.1%, up from 46.3% year-over-year, while reported gross margin was 47.6%, compared to 45.6% [2][3] - Adjusted EBITA reached 15.8 billion Swedish Krona, with a profit margin of 28.1%, including a capital gain of 7.6 billion Swedish Krona from the divestment of the iconectiv business [2][3] - Net income was 11.3 billion Swedish Krona, with diluted earnings per share of 3.33 Swedish Krona, reflecting a significant increase from 1.14 Swedish Krona [2][4] Year-to-Date Performance - For the first nine months of 2025, net sales decreased by 9%, with organic sales down by 2% [3] - Total revenue for the same period decreased by 5%, while gross margin remained stable at 47.6% [3][5] - Adjusted EBITA margin improved significantly to 27.6%, compared to 10.0% in the previous year [4][5]