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 & Cloud and Media. The Networks segment includes various generations of radio networks, as well as small cells and microwave products. The focus in IT & 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.

Type
Public
HQ
Stockholm, SE
Founded
1876
Size (employees)
105,852 (est)
Ericsson was founded in 1876 and is headquartered in Stockholm, SE
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Key People/Management at Ericsson

Majbritt Arfert

Majbritt Arfert

Senior Vice President, Chief Human Resources Officer and Head of Group Function Human Resources (Since April 1, 2017)
Fredrik Jejdling

Fredrik Jejdling

Executive Vice President (Since November 7, 2017) and Head of Business Area Networks (Since April 1, 2017)
Chris Houghton

Chris Houghton

Senior Vice President and Head of Market Area North East Asia (Since April 1, 2017)
Peter Laurin

Peter Laurin

Senior Vice President and Head of Business Area Managed Services (Since April 1, 2017)
Carl Mellander

Carl Mellander

Senior Vice President, Chief Financial Officer and Head of Group Function Finance and Common Functions (April 1, 2017)
Helena Norrman

Helena Norrman

Senior Vice President, Chief Marketing and Communications Officer and Head of Group Function Marketing & Corporate Relations (Since February 1, 2018)
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Ericsson Office Locations

Ericsson has offices in Flores, Plano, Dubai, Kyiv and in 44 other locations
Stockholm, SE (HQ)
Torshamnsgatan 21, 164 40 Kista
Kista, SE
21 Torshamnsgatan
Lindholmen, SE
11 Lindholmspiren
Tirana, AL
Rr. Murat Toptani, 6th Floor
Flores, AR
1070 Caracas
Retiro, AR
174 Av. del Libertador
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Ericsson Financials and Metrics

Ericsson Financials

Ericsson's revenue was reported to be kr222.61 b in FY, 2016 which is a 9.8% decrease from the previous period.
SEK

Revenue (Q2, 2017)

49.9 b

Gross profit (Q2, 2017)

13.9 b

Gross profit margin (Q2, 2017), %

27.9%

Net income (Q2, 2017)

(996 m)

EBIT (Q2, 2017)

(1.2 b)

Market capitalization (27-Oct-2017)

20.3 b

Closing share price (27-Oct-2017)

6.1

Cash (30-Jun-2017)

21.4 b

EV

29.2 b
Ericsson's current market capitalization is $20.3 b.
Annual
SEKFY, 2013FY, 2014FY, 2015FY, 2016

Revenue

227.4 b228 b246.9 b222.6 b

Revenue growth, %

0%8%(10%)

Cost of goods sold

151 b145.6 b161.1 b156.2 b

Gross profit

76.4 b82.4 b85.8 b66.4 b
Quarterly
SEKQ1, 2017Q2, 2017

Revenue

46.4 b49.9 b

Cost of goods sold

39.9 b36 b

Gross profit

6.4 b13.9 b

Gross profit Margin, %

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

Cash

41 b40.2 b37 b

Accounts Receivable

77.9 b71.1 b68.1 b

Inventories

28.2 b28.4 b30.3 b

Current Assets

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

Cash

33 b21.4 b

Accounts Receivable

65.7 b62.5 b

Inventories

33.9 b34.2 b

Current Assets

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

Net Income

11.1 b13.7 b1.9 b

Inventories

(2.9 b)(366 m)(613 m)

Accounts Payable

1.3 b(2.7 b)2.8 b

Cash From Operating Activities

18.7 b20.6 b14 b
Quarterly
SEKQ1, 2017Q2, 2017

Net Income

(10.9 b)(996 m)

Depreciation and Amortization

5.4 b2.2 b

Inventories

(3.6 b)(1.1 b)

Accounts Payable

626 m41 m
SEKY, 2017

EV/EBIT

-23.7 x

EV/CFO

29.2 k x

Revenue/Employee

457.6 k

Debt/Equity

0.2 x

Debt/Assets

0.1 x

Financial Leverage

2.2 x

P/E Ratio

(20.4 )
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Ericsson Operating Metrics

FY, 2014FY, 2015FY, 2016

Patents Issued

37 k39 k42 k
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Ericsson News and Updates

Ericsson develops a cunning plan for generating IoT revenue

Networking vendor Ericsson has been having a think about how service providers can make a few quid out of IoT.

Ericsson continues its search for silver linings

Swedish networking giant Ericsson reported continued sales declines in Q1 2018 but feels the grand plan is starting to show some positive results.

With 18,000 Job Cuts, Ericsson Trims Losses

Ericsson targets 5G, IoT growth in 2018 as the embattled company trims losses . The post With 18,000 Job Cuts, Ericsson Trims Losses appeared first on Computer Business Review.

ZTE woes may boost network rivals Ericsson and Nokia

STOCKHOLM/LONDON (Reuters) - Investors are warming to beleaguered mobile network makers Ericsson and Nokia as they begin to recover ahead of a once-a-decade uplift from a new business cycle and an unexpected boost from a U.S. ban on exports to low-cost Chinese rival ZTE.

Under scrutiny, Huawei downplays 5G while slating phone for mid-2019

With Huawei’s 5G sales growth prospects clouded by increasingly international concerns over network security, rotating chairman Eric Xu today downplayed the next-generation wireless technology at the company’s Analyst Summit in Shenzhen, China, reports the Financial Times. Xu surprised listeners by …
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