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 (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
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

-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 )
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Ericsson Operating Metrics

FY, 2014FY, 2015FY, 2016

Patents Issued

37 k39 k42 k
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Ericsson Revenue Breakdown

Embed Graph

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

5G is coming this year amid mobile data explosion

Europe might fall behind North America in 5G adoption within half a decade.

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...

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.

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…

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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