Our vision is a Networked Society, where every person and every industry is empowered to reach their full potential. At Ericsson, we strive to connect everyone and everything,. Because by being connected, people can take active part in the emerging global collaboration that is the Networked Society.
Ericsson is the world’s leading provider of technology and services to telecom operators. With more than 110,000 professionals, and customers in 180 countries, we combine global scale with technology and services leadership. Our services, software and infrastructure – especially in mobility, broadband and the cloud – are enabling the communications industry and other sectors to do better business, increase efficiency, improve their users’ experience and capture new opportunities. It is our job to take the lead in enabling this, and we are shaping our decisions around that. By enabling the Networked Society, we make a real difference to people’s lives, and the world we live in.
Ericsson is the world’s leading provider of technology and services to telecom operators. With more than 110,000 professionals, and customers in 180 countries, we combine global scale with technology and services leadership. Our services, software and infrastructure – especially in mobility, broadband and the cloud – are enabling the communications industry and other sectors to do better business, increase efficiency, improve their users’ experience and capture new opportunities. It is our job to take the lead in enabling this, and we are shaping our decisions around that. By enabling the Networked Society, we make a real difference to people’s lives, and the world we live in.
Company Growth (employees)
Ericsson is headquartered in Stockholm, SE
Key People at Ericsson
Börje Ekholm
President & CEO
Jan Frykhammar
Executive Vice President
Ulf Ewaldsson
SVP, CTO
Nina Macpherson
SVP, CLO
Helena Norrman
SVP, Chief Marketing and Communications Officer
Ericsson Office Locations
Ericsson has offices in Stockholm, Paris, Ottawa, Ontario and in 135 other locations
Stockholm, SE (HQ)
Torshamnsgatan 21, 164 40 Kista
Ericsson Data and Metrics
Ericsson Financial Metrics
Ericsson's revenue was reported to be kr49.9 b in Q2, 2017
SEK
Revenue (Q2, 2017) | 49.9 b |
Gross profit (Q2, 2017) | 13.9 b |
Gross profit margin (Q2, 2017), % | 28% |
Net income (Q2, 2017) | (996 m) |
EBIT (Q2, 2017) | (1.2 b) |
Market capitalization (19-Sep-2017) | 18.6 b |
Closing share price (19-Sep-2017) | 5.7 |
Cash (30-Jun-2017) | 21.4 b |
EV | 27.5 b |
Ericsson's current market capitalization is $18.6 b.
| SEK | FY, 2013 | FY, 2014 | FY, 2015 | FY, 2016 |
|---|---|---|---|---|
Revenue | 227.4 b | 228 b | 246.9 b | 222.6 b |
Revenue growth, % | 0% | 8% | (10%) | |
Cost of goods sold | 151 b | 145.6 b | 161.1 b | 156.2 b |
Gross profit | 76.4 b | 82.4 b | 85.8 b | 66.4 b |
| SEK | Q1, 2017 | Q2, 2017 |
|---|---|---|
Revenue | 46.4 b | 49.9 b |
Cost of goods sold | 39.9 b | 36 b |
Gross profit | 6.4 b | 13.9 b |
Gross profit Margin, % | 14% | 28% |
| SEK | FY, 2014 | FY, 2015 | FY, 2016 |
|---|---|---|---|
Cash | 41 b | 40.2 b | 37 b |
Accounts Receivable | 77.9 b | 71.1 b | 68.1 b |
Inventories | 28.2 b | 28.4 b | 30.3 b |
Current Assets | 201.8 b | 189.5 b | 175.8 b |
| SEK | Q1, 2017 | Q2, 2017 |
|---|---|---|
Cash | 33 b | 21.4 b |
Accounts Receivable | 65.7 b | 62.5 b |
Inventories | 33.9 b | 34.2 b |
Current Assets | 174.5 b | 157.8 b |
| SEK | FY, 2014 | FY, 2015 | FY, 2016 |
|---|---|---|---|
Net Income | 11.1 b | 13.7 b | 1.9 b |
Accounts Receivable | 1.2 b | 7 b | 5.9 b |
Inventories | (2.9 b) | (366 m) | (613 m) |
Accounts Payable | 1.3 b | (2.7 b) | 2.8 b |
| SEK | Q1, 2017 | Q2, 2017 |
|---|---|---|
Net Income | (10.9 b) | (996 m) |
Depreciation and Amortization | 5.4 b | 2.2 b |
Accounts Receivable | 2.4 b | 450 m |
Inventories | (3.6 b) | (1.1 b) |
| SEK | Y, 2017 |
|---|---|
P/E Ratio | (19.1) |
EV/EBIT | -22.3 x |
EV/CFO | 27.5 k x |
Revenue/Employee | 457.6 k |
Debt/Equity | 0.2 x |
Debt/Assets | 0.1 x |
Financial Leverage | 2.2 x |
Ericsson Operating Metrics
Show all operating metricsEricsson Market Value History
Ericsson Revenue Breakdown
Ericsson Median Salaries
Source: 1.6 k public H-1B filings from Ericsson
Market Position of Ericsson
Traffic Overview of Ericsson
Ericsson Online and Social Media Presence
Ericsson News and Updates
November 15, 2016
Nokia Says It’s Outperforming Ericsson in a Weak Telecoms Market
But shares are still down.
October 26, 2016
Ericsson Finally Has a New CEO
Three months after Hans Vestberg was ousted after criticism over his leadership and pay.
October 21, 2016
Ericsson’s Continued Fall Could Attract Acquirers
Weakness in the telecom equipment market could attract a buyer.
October 12, 2016
Ericsson warns of 94% dive in profit as sales fall
Shares in Ericsson have dived after the Swedish telecoms company warned profits would be down by 94% for the third quarter.
October 12, 2016
Ericsson issues profit warning
Third-quarter earnings fall as mobile broadband sales decline sharply at Swedish telecoms companySwedish telecoms company Ericsson warned that its third-quarter quarter profits would be “significantly lower” than expected following a sharp downturn in its mobile broadband business.Ericsson said effo…