OverviewSuggest Edit

Ericsson is a technology company that provides and operates telecommunications networks, television and video systems, and related services. The Company's portfolio comprises mobile and fixed network infrastructure, telecom services, software, broadband and multimedia solutions for operators, enterprises and the media industry. Ericsson's segments include Networks, IT and Cloud and Media. The Networks segment includes various generations of radio networks, as well as small cells and microwave products. The focus in the IT and Cloud segment is to help telecom operators and selected enterprises through the digital transformations ahead. The Media segment is focused on delivering software-based solutions for television and media.

TypePublic
Founded1876
HQKista, SE
Websiteericsson.com
Employee Ratings3.5

Latest Updates

Employees (est.) (Dec 2018)95,359(-5%)
Job Openings1,203
Revenue (FY, 2018)KR210.8 B(+5%)
Share Price (Sept 2019)$8.3

Key People/Management at Ericsson

Börje Ekholm

Börje Ekholm

President, CEO and Director
Ronnie Leten

Ronnie Leten

Chair of the Board of Directors
Fredrik Jejdling

Fredrik Jejdling

Executive Vice President and Head of Business Area Networks and Head of Segment Networks
Helena Stjernholm

Helena Stjernholm

Board of Director - Director
MajBritt Arfert

MajBritt Arfert

Senior Vice President, Chief People Officer and Head of Group Function People
Jon Fredrik Baksaas

Jon Fredrik Baksaas

Board of Director - Director
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Ericsson Office Locations

Ericsson has offices in Kista, Karlskrona, Kumla, Lindholmen and in 121 other locations
Kista, SE (HQ)
Torshamnsgatan 21
Karlskrona, SE
Ölandsgatan 1
Lindholmen, SE
11 Lindholmspiren
Linköping, SE
Datalinjen 3
Luleå, SE
Laboratoriegränd 11
Lund, SE
Mobilvägen 12
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Ericsson Financials and Metrics

Ericsson Revenue

Ericsson's revenue was reported to be kr210.84 b in FY, 2018
SEK

Revenue (FY, 2018)

210.8b

Gross profit (FY, 2018)

68.2b

Gross profit margin (FY, 2018), %

32.3%

Market capitalization (24-Sept-2019)

25.1b

Closing stock price (24-Sept-2019)

8.3

Cash (31-Dec-2018)

38.4b
Ericsson's current market capitalization is $25.1 b.
Annual
SEKFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Revenue

227.4b228.0b246.9b222.6b201.3b210.8b

Revenue growth, %

0%8%(10%)(10%)

Cost of goods sold

151.0b145.6b161.1b156.2b156.8b142.6b

Gross profit

76.4b82.4b85.8b66.4b44.5b68.2b
Quarterly
SEKQ1, 2017Q2, 2017

Revenue

46.4b49.9b

Cost of goods sold

39.9b36.0b

Gross profit

6.4b13.9b

Gross profit Margin, %

14%28%
Annual
SEKFY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Cash

41.0b40.2b37.0b35.9b38.4b

Accounts Receivable

77.9b71.1b68.1b63.2b

Inventories

28.2b28.4b30.3b25.0b

Current Assets

201.8b189.5b175.8b154.8b161.2b
Quarterly
SEKQ1, 2017Q2, 2017

Cash

33.0b21.4b

Accounts Receivable

65.7b62.5b

Inventories

33.9b34.2b

Current Assets

174.5b157.8b
Annual
SEKFY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Net Income

11.1b13.7b1.9b(35.1b)

Inventories

(2.9b)(366.0m)(613.0m)4.0b

Accounts Payable

1.3b(2.7b)2.8b2.4b

Cash From Operating Activities

18.7b20.6b14.0b9.6b9.3b
Quarterly
SEKQ1, 2017Q2, 2017

Net Income

(10.9b)(996.0m)

Depreciation and Amortization

5.4b2.2b

Inventories

(3.6b)(1.1b)

Accounts Payable

626.0m41.0m
SEKY, 2018

Revenue/Employee

2.2m

Financial Leverage

3.1 x
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Ericsson Operating Metrics

FY, 2014FY, 2015FY, 2016

Patents Issued

37 k39 k42 k
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Ericsson Acquisitions / Subsidiaries

Company NameDateDeal Size
*REDBACK NETWORKSDecember 19, 2006$2.10 b

Ericsson Revenue Breakdown

Embed Graph

Ericsson revenue breakdown by business segment: 63.6% from Networks, 12.2% from Managed Services, 20.4% from Digital Services and 3.9% from Other

Ericsson revenue breakdown by geographic segment: 11.7% from North East Asia, 27.9% from Europe & Latin America, 24.6% from North America, 12.5% from Middle East & Africa, 15.2% from South East Asia, Oceania & India and 8.1% from Other

Ericsson Online and Social Media Presence

Embed Graph

Ericsson News and Updates

Ericsson, Samsung gain share in network gear as ZTE slumps

Ericsson increased its share of the mobile networks market in the second quarter, while Samsung Electronics jumped into fourth place, data from industry research firm Dell'Oro showed.

Ericsson unveils its first India experience centre in Gurugram

Swedish telecommunications company Ericsson on Wednesday launched its first experience centre in India that allows visitors to interact with subject experts and see how evolving technology ecosystems will drive the transformation of businesses and societies.

Microwave Radio Market Excellent Growth by 2023| Comprehensive Study on Key Players: Ericsson, Huawei Technologies, NEC

Microwave Radio Market Latest Developments by Type, by End-Users/Application, by Region - Forecast and Business Outlook Posted via Industry Today. Follow us on Twitter @IndustryToday

Telecom IoT 2018 Global Market Key Players – AT&T, China Mobile, Deutsche Telekom, Ericsson – Analysis and Forecast to 2025

WiseGuyRerports.com Presents “Global Telecom IoT Market Size, Status and Forecast 2018-2025” New Document to its Studies Database Posted via Industry Today. Follow us on Twitter @IndustryToday

Telecom Managed Services Market 2018: Global Analysis By Key Players – Amdocs, AT&T, CenturyLink, Cisco, Ericsson AB

Wiseguyreports.Com Publish New Market Research Report On -“Telecom Managed Services Market - Global Industry Analysis, Size, Share, Trends, Growth and Forecast 2018 - 2023” Posted via Industry Today. Follow us on Twitter @IndustryToday

Telecom Outsourcing Market 2018: Global Analysis By Key Players – Ericsson, Huawei, Nokia Networks, IBM, NEC, Cisco

Wiseguyreports.Com Publish New Market Research Report On -“Telecom Outsourcing Market - Global Industry Analysis, Size, Share, Trends, Growth and Forecast 2018 - 2023” Posted via Industry Today. Follow us on Twitter @IndustryToday
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Ericsson Blogs

Talking closed loop assurance with Verizon’s Amit Kapoor

At the recent OSS/BSS User Group event, Dez Blanchfield spoke to Amit Kapoor, Head of Virtual Network Services at Verizon, about several hot industry topics.

The three benefits and triggers for VoLTE

Many benefits can be expected when virtualizing your network, so why is the pace of transformation so slow? Using the VoLTE service as an example, we look at immediate business opportunities and ways to implement this in your organization.

Swisscom: making data driven decisions utilizing analytics

As 5G starts to become a reality around the world and as the global transition takes place, the need for network performance and customer experience become even more important for operators internationally. However the question remains, how do service providers ensure that they are addin…

Deploy VoLTE for a better user experience and get ready for 5G voice

Do you know how to improve your voice services offering to improve customer experience using all the benefits of VoLTE? Did you know that to launch 5G smartphones, you also need to have deployed VoLTE first to also enable 5G voice?

Digital engagements will drive the new role of BSS

It’s no surprise to say that BSS is considered to be one of the biggest bottlenecks for digital transformation. Business transformations and an increased complexity are making it harder to maintain business and grow new business with traditional BSS solutions. The challenges create a for…

Verizon’s Vickie Lonker on the importance of partnering

At our recent OSS/BSS User Group conference, 61 operators and more than 250 delegates met to share experiences and insights into hot topics and discuss product and service updates. Before delivering her keynote presentation, Vickie Lonker, VP of Enterprise Products at Verizon, spoke to i…
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Ericsson Frequently Asked Questions

  • When was Ericsson founded?

    Ericsson was founded in 1876.

  • Who are Ericsson key executives?

    Ericsson's key executives are Börje Ekholm, Ronnie Leten and Fredrik Jejdling.

  • How many employees does Ericsson have?

    Ericsson has 95,359 employees.

  • What is Ericsson revenue?

    Latest Ericsson annual revenue is kr210.8 b.

  • What is Ericsson revenue per employee?

    Latest Ericsson revenue per employee is kr2.2 m.

  • Who are Ericsson competitors?

    Competitors of Ericsson include Nokia, Aviat Networks and Quortus.

  • Where is Ericsson headquarters?

    Ericsson headquarters is located at Torshamnsgatan 21, Kista.

  • Where are Ericsson offices?

    Ericsson has offices in Kista, Karlskrona, Kumla, Lindholmen and in 121 other locations.

  • How many offices does Ericsson have?

    Ericsson has 147 offices.