Ericsson
| Type | Public |
| HQ | Stockholm, SE |
| Founded | 1876 |
| Size (employees) | 94,499 (est)-10% |
| Website | ericsson.com |
Ericsson was founded in 1876 and is headquartered in Stockholm, SE
Report incorrect company information
Viewing summary data as a guest
Sign up for free to see all dataKey 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)
Report incorrect company information
Ericsson Office Locations
Ericsson has offices in Stockholm, Plano, Dubai, Kyiv and in 45 other locations
Stockholm, (HQ)
Torshamnsgatan 21, 164 40 Kista
Kista,
21 Torshamnsgatan
Lindholmen,
11 Lindholmspiren
Tirana,
Rr. Murat Toptani, 6th Floor
Flores,
1070 Caracas
Retiro,
174 Av. del Libertador
Report incorrect company information
Ericsson Financials and Metrics
Ericsson Revenue
Ericsson's revenue was reported to be kr201.30 b in FY, 2017 which is a 9.6% decrease from the previous period.
| SEK | |
|---|---|
Revenue (FY, 2017) | 201.3b |
Revenue growth (FY, 2016 - FY, 2017), % | (9.6%) |
Gross profit (FY, 2017) | 44.5b |
Gross profit margin (FY, 2017), % | 22.1% |
Net income (FY, 2017) | (35.1b) |
EBIT (FY, 2017) | (38.1b) |
Market capitalization (4-Dec-2018) | 28.1b |
Closing stock price (4-Dec-2018) | 8.4 |
Cash (31-Dec-2017) | 35.9b |
EV | 25.2b |
Ericsson's current market capitalization is $28.1 b.
- Source: SEC Filings
Annual
Quarterly
| SEK | Q1, 2017 | Q2, 2017 |
|---|---|---|
Revenue | 46.4b | 49.9b |
Cost of goods sold | 39.9b | 36.0b |
Gross profit | 6.4b | 13.9b |
Gross profit Margin, % | 14% | 28% |
- Source: SEC Filings
Annual
| SEK | FY, 2014 | FY, 2015 | FY, 2016 | FY, 2017 |
|---|---|---|---|---|
Cash | 41.0b | 40.2b | 37.0b | 35.9b |
Accounts Receivable | 77.9b | 71.1b | 68.1b | 63.2b |
Inventories | 28.2b | 28.4b | 30.3b | 25.0b |
Current Assets | 201.8b | 189.5b | 175.8b | 154.8b |
Quarterly
| SEK | Q1, 2017 | Q2, 2017 |
|---|---|---|
Cash | 33.0b | 21.4b |
Accounts Receivable | 65.7b | 62.5b |
Inventories | 33.9b | 34.2b |
Current Assets | 174.5b | 157.8b |
Annual
| SEK | FY, 2014 | FY, 2015 | FY, 2016 | FY, 2017 |
|---|---|---|---|---|
Net Income | 11.1b | 13.7b | 1.9b | (35.1b) |
Inventories | (2.9b) | (366.0m) | (613.0m) | 4.0b |
Accounts Payable | 1.3b | (2.7b) | 2.8b | 2.4b |
Cash From Operating Activities | 18.7b | 20.6b | 14.0b | 9.6b |
Quarterly
| SEK | Q1, 2017 | Q2, 2017 |
|---|---|---|
Net Income | (10.9b) | (996.0m) |
Depreciation and Amortization | 5.4b | 2.2b |
Inventories | (3.6b) | (1.1b) |
Accounts Payable | 626.0m | 41.0m |
| SEK | Y, 2017 |
|---|---|
EV/EBIT | -0.7 x |
EV/CFO | 2.6 x |
Revenue/Employee | 1.8m |
Debt/Equity | 0.3 x |
Debt/Assets | 0.1 x |
Financial Leverage | 2.6 x |
P/E Ratio | (0.8) |
Ericsson Operating Metrics
Show all operating metricsEricsson Revenue Breakdown
Ericsson revenue breakdown by business segment: 20.4% from Digital Services, 12.2% from Managed Services, 63.6% from Networks and 3.9% from Other
Ericsson revenue breakdown by geographic segment: 15.2% from South East Asia, Oceania & India, 12.5% from Middle East & Africa, 24.6% from North America, 27.9% from Europe & Latin America, 11.7% from North East Asia and 8.1% from Other
Report incorrect company information
Ericsson Online and Social Media Presence
8.37k Twitter followers
Ericsson has 8.37k Twitter Followers. The number of followers has increased 0.2% month over month and increased 2% quarter over quarter
Report incorrect company information
Ericsson News and Updates
August 23, 2018
Ericsson, Samsung gain share in network gear as ZTE slumps
Ericsson
increased its share of the mobile networks market in the second
quarter, while Samsung Electronics jumped into
fourth place, data from industry research firm Dell'Oro showed.
August 22, 2018
Ericsson unveils its first India experience centre in Gurugram
Swedish telecommunications company Ericsson on Wednesday launched its first experience centre in India that allows visitors to interact with subject experts and see how evolving technology ecosystems will drive the transformation of businesses and societies.
August 21, 2018
Microwave Radio Market Excellent Growth by 2023| Comprehensive Study on Key Players: Ericsson, Huawei Technologies, NEC
Microwave Radio Market Latest Developments by Type, by End-Users/Application, by Region - Forecast and Business Outlook Posted via Industry Today. Follow us on Twitter @IndustryToday
August 20, 2018
Telecom IoT 2018 Global Market Key Players – AT&T, China Mobile, Deutsche Telekom, Ericsson – Analysis and Forecast to 2025
WiseGuyRerports.com Presents “Global Telecom IoT Market Size, Status and Forecast 2018-2025” New Document to its Studies Database Posted via Industry Today. Follow us on Twitter @IndustryToday
August 16, 2018
Telecom Managed Services Market 2018: Global Analysis By Key Players – Amdocs, AT&T, CenturyLink, Cisco, Ericsson AB
Wiseguyreports.Com Publish New Market Research Report On -“Telecom Managed Services Market - Global Industry Analysis, Size, Share, Trends, Growth and Forecast 2018 - 2023” Posted via Industry Today. Follow us on Twitter @IndustryToday
August 16, 2018
Telecom Outsourcing Market 2018: Global Analysis By Key Players – Ericsson, Huawei, Nokia Networks, IBM, NEC, Cisco
Wiseguyreports.Com Publish New Market Research Report On -“Telecom Outsourcing Market - Global Industry Analysis, Size, Share, Trends, Growth and Forecast 2018 - 2023” Posted via Industry Today. Follow us on Twitter @IndustryToday
Report incorrect company information
Ericsson Blogs
December 06, 2018
Deploy VoLTE for a better user experience and get ready for 5G voice
Do you know how to improve your voice services offering to improve customer experience using all the benefits of VoLTE? Did you know that to launch 5G smartphones, you also need to have deployed VoLTE first to also enable 5G voice?
December 05, 2018
Digital engagements will drive the new role of BSS
It’s no surprise to say that BSS is considered to be one of the biggest bottlenecks for digital transformation. Business transformations and an increased complexity are making it harder to maintain business and grow new business with traditional BSS solutions. The challenges create a for…
December 05, 2018
Verizon’s Vickie Lonker on the importance of partnering
At our recent OSS/BSS User Group conference, 61 operators and more than 250 delegates met to share experiences and insights into hot topics and discuss product and service updates. Before delivering her keynote presentation, Vickie Lonker, VP of Enterprise Products at Verizon, spoke to i…
November 30, 2018
5G deployment options to reduce the complexity
There is much more to introducing 5G than simply deploying New Radio (NR) technology. For a successful 5G launch, the operator needs to secure a network platform, that includes end-to-end (E2E) capabilities aligned across devices, RAN, core and management systems.
November 29, 2018
Digital BSS—how to seize revenue streams
I just returned from an amazing week in New York city for the Ericsson 2018 OSS/BSS User Group event, where Ericsson brought an astounding number of independent telco and operator clients and partners under one roof for the week, to share stories and insights.
November 28, 2018
Network slicing orchestration—automation from design to assurance
Automation and the ability to customize enhances service performance and customer satisfaction. Orchestration enables the automation of creation and delivery of services. Network slicing is a mechanism that allows operators to offer customized services with shorter time to market. Ericss…
Ericsson Company Life and Culture
Report incorrect company information
Ericsson Frequently Asked Questions
When was Ericsson founded?
Ericsson was founded in 1876.
Who are Ericsson key executives?
Ericsson's key executives are Majbritt Arfert, Fredrik Jejdling and Chris Houghton.
How many employees does Ericsson have?
Ericsson has 94,499 employees.
What is Ericsson revenue?
Latest Ericsson annual revenue is kr201.3 b.
What is Ericsson revenue per employee?
Latest Ericsson revenue per employee is kr2.1 m.
Who are Ericsson competitors?
Competitors of Ericsson include Aviat Networks, Fasmetrics and Advantel Networks.
Where is Ericsson headquarters?
Ericsson headquarters is located at Torshamnsgatan 21, 164 40 Kista, Stockholm.
Where are Ericsson offices?
Ericsson has offices in Stockholm, Plano, Dubai, Kyiv and in 45 other locations.
How many offices does Ericsson have?
Ericsson has 49 offices.