Ericsson was founded in 1876 and is headquartered in Stockholm, SE
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Key People/Management at Ericsson
Majbritt Arfert
Senior Vice President, Chief Human Resources Officer and Head of Group Function Human Resources (Since April 1, 2017)
Fredrik Jejdling
Executive Vice President (Since November 7, 2017) and Head of Business Area Networks (Since April 1, 2017)
Chris Houghton
Senior Vice President and Head of Market Area North East Asia (Since April 1, 2017)
Peter Laurin
Senior Vice President and Head of Business Area Managed Services (Since April 1, 2017)
Carl Mellander
Senior Vice President, Chief Financial Officer and Head of Group Function Finance and Common Functions (April 1, 2017)
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 (14-Jun-2018) | 25.6 b |
Closing share price (14-Jun-2018) | 7.8 |
Cash (30-Jun-2017) | 21.4 b |
EV | 34.5 b |
Ericsson's current market capitalization is $25.6 b.
Annual
| 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 |
Quarterly
| 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% |
Annual
| 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 |
Quarterly
| 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 |
Annual
| SEK | FY, 2014 | FY, 2015 | FY, 2016 |
|---|---|---|---|
Net Income | 11.1 b | 13.7 b | 1.9 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 b | 20.6 b | 14 b |
Quarterly
| SEK | Q1, 2017 | Q2, 2017 |
|---|---|---|
Net Income | (10.9 b) | (996 m) |
Depreciation and Amortization | 5.4 b | 2.2 b |
Inventories | (3.6 b) | (1.1 b) |
Accounts Payable | 626 m | 41 m |
| SEK | Y, 2017 |
|---|---|
EV/EBIT | -28 x |
EV/CFO | 34.5 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 | (26 ) |
Ericsson Operating Metrics
Show all operating metricsEricsson Revenue Breakdown
Ericsson revenue breakdown by business segment: 5.6% from Support Solutions, 45.7% from Global Services and 48.7% from Networks
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Ericsson Online and Social Media Presence
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Ericsson News and Updates
June 12, 2018
5G is coming this year amid mobile data explosion
Europe might fall behind North America in 5G adoption within half a decade.
June 12, 2018
5G on a Roll, Cellular IoT Deployments Ramping Up - Ericsson Mobility Report
WASHINGTON, June 12, 2018 /PRNewswire/ --
3.5 billion IoT cellular connections predicted for 2023
5G commercial launches this year; North America seen leading the 5G uptake
20 percent of global mobile data traffic will be on 5G networks in 2023
Commercial...
June 12, 2018
Ericsson doubles its 2023 forecast for IoT connections
STOCKHOLM (Reuters) - Ericsson has almost doubled its forecast for connected cellular Internet of Things (IoT) in 2023 to 3.5 billion, the mobile telecom gear maker said on Tuesday.
June 09, 2018
Verizon names tech chief CEO, prioritizes 5G network over content
(Reuters) — Verizon named Chief Technology Officer Hans Vestberg as its new CEO on Friday, surprising analysts and signaling the largest U.S. wireless company’s priority is building the next-generation 5G network, not expanding further into media content. Vestberg, 52, joined Verizon a year ago afte…
June 08, 2018
Verizon went with a relative newcomer over a company veteran to replace its CEO — and that may signal a shift in the company's long-term strategy
Hans Vestberg, chief technology officer at Verizon, will step into the role of CEO in August, replacing seven year veteran Lowell McAdam.
Vestberg previously ran telecom company Ericsson AB, before an ouster in 2016.
Vestberg and Verizon veteran John Stratton were the two top contenders for the CE…
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