Craft

Ericsson

Stock Price

KR56.8

2023-09-08

Market Capitalization

KR189.5 B

2023-09-08

Revenue

KR271.5 B

FY, 2022

Ericsson Summary

Company Summary

Overview
Ericsson (also known as Telefonaktiebolaget LM Ericsson) is a global provider of information and communication technology (ICT) to telecom operators. The company operates in four segments: Networks, Digital Services, Managed Services, and Emerging Business. The Networks segment develops, sells, licenses, and delivers hardware, software, and services to support digital transformation for the next generation of mobile services. The Digital Services provides solutions in the areas of business support systems, operational support systems, cloud communication, cloud core, and cloud infrastructure. The Managed Services segment offers Ericsson Operations Engine for managing and optimizing telecom networks. The Emerging Business segment is focused on new technologies, such as smart manufacturing, IoT connectivity, connected vehicles, security, and edge computing.
Type
Public
Status
Active
Founded
1876
HQ
Stockholm, SE | view all locations
Website
https://www.ericsson.com/en
Cybersecurity rating
ESG rating
50-59 out of 100|View all ESG data
Sectors

Key People

  • Börje Ekholm

    Börje Ekholm, President, Chief Executive Officer

  • Carl Mellander

    Carl Mellander, Senior Vice President, Chief Financial Officer, and Head of Group Function Finance and Common Functions

  • Erik Ekudden

    Erik Ekudden, Senior Vice President, Chief Technology Officer, and Head of Group Function Technology

  • MajBritt Arfert

    MajBritt Arfert, Senior Vice President, Chief People Officer, and Head of Group Function People

Operating MetricsView all

5G Networks

141
30.6%

FY, 2022

Countries (Research and Development)

15

FY, 2019

Enterprise Customer Markets (5G mmWave in Pipeline, US)

30

FY, 2019

LocationsView all

176 locations detected

  • Stockholm, Stockholms län HQ

    Sweden

    Torshamnsgatan 21

  • Alpharetta, GA

    United States

    1125 Sanctuary Pkwy

  • Austin, TX

    United States

    1703 W 5th St #600

  • Bellevue, WA

    United States

    3545 Factoria Blvd SE #300

  • Charlotte, NC

    United States

    11020 David Taylor Dr #110

  • Dublin, CA

    United States

    4120 Dublin Blvd #450

and 170 others

Ericsson Financials

Summary Financials

Revenue (Q2, 2023)
kr64.4B
Gross profit (Q2, 2023)
kr27.2B
Net income (Q2, 2023)
(kr597.0M)
Cash (Q2, 2023)
kr22.3B
EBIT (Q2, 2023)
kr1.0M
Enterprise value
$209.7B

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