In a country with strict laws protecting offensive speech including hate speech under a general barrier of free speech, it would be a freedom ruling.
In a country with hate speech laws, it's a horrible ruling and a rather ominous portent.
Hate speech laws should be struck down in every country. While I don't approve of this way of doing it, I consider it to be a step in the right direction.
On which grounds? In some cases (I'm thinking of Germany), the ban on neo-Nazism speech IS in the Constitution, if I remember well.