Craft

Ericsson

Stock Price

KR91.1

2024-10-29

Market Capitalization

KR303.3 B

2024-10-29

Revenue

KR263.4 B

FY, 2023

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 through four segments: Networks, Cloud Software & Services, Enterprise Wireless Solutions, and New Businesses. The Networks segment develops, sells, licenses, and delivers hardware, software, and services to support digital transformation for the next generation of mobile services. The Cloud Software & Services segment offers business and operations support systems, cloud core, cognitive network solutions, network management and automation, and managed network services. The Enterprise Wireless Solutions segment specializes in private networks and wireless. The New Businesses segment provides mobile financial services, security and risk management, and an operations and maintenance system.
Type
Public
Status
Active
Founded
1876
HQ
Stockholm, SE | view all locations
Website
https://www.ericsson.com/en
Cybersecurity rating
ESG rating
60-79 out of 100|View all ESG data
Sectors

Key People

  • Börje Ekholm

    Börje Ekholm, President and Chief Executive Officer, Board Member

  • Erik Ekudden

    Erik Ekudden, Senior Vice President, Chief Technology Officer

  • MajBritt Arfert

    MajBritt Arfert, Senior Vice President, Chief People Officer

  • Stella Medlicott

    Stella Medlicott, Senior Vice President, Chief Marketing and Communications Officer

Operating MetricsView all

Patents

60K

FY, 2021

5G Networks

158
12.1%

FY, 2023

Countries Covered

180

FY, 2023

LocationsView all

166 locations detected

  • Stockholm, Stockholms län HQ

    Sweden

    Torshamnsgatan 21

  • Austin, TX

    United States

    1703 W 5th St #600

  • Bellevue, WA

    United States

    3535 Factoria Blvd SE # 300

  • Boise, ID

    United States

    1100 W Idaho St Floor 8

  • Lewisville, TX

    United States

    2535 State Hwy 121 #103

  • Los Gatos, CA

    United States

    536 N Santa Cruz Ave

and 160 others

Ericsson Financials

Summary Financials

Revenue (Q3, 2024)
kr61.8B
Gross profit (Q3, 2024)
kr30.5B
Net income (Q3, 2024)
kr3.9B
Cash (Q3, 2024)
kr37.3B
EBIT (Q3, 2024)
kr5.7B
Enterprise value
$309.5B

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