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.

Employee Rating

3.4More
TypePublic
HQStockholm, SE
Founded1876
Size (employees)94,499 (est)-10%
Websiteericsson.com
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 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
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Ericsson Financials and Metrics

Ericsson Revenue

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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.
Annual
SEKFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Revenue

227.4b228.0b246.9b222.6b201.3b

Revenue growth, %

0%8%(10%)(10%)

Cost of goods sold

151.0b145.6b161.1b156.2b156.8b

Gross profit

76.4b82.4b85.8b66.4b44.5b
Quarterly
SEKQ1, 2017Q2, 2017

Revenue

46.4b49.9b

Cost of goods sold

39.9b36.0b

Gross profit

6.4b13.9b

Gross profit Margin, %

14%28%
Annual
SEKFY, 2014FY, 2015FY, 2016FY, 2017

Cash

41.0b40.2b37.0b35.9b

Accounts Receivable

77.9b71.1b68.1b63.2b

Inventories

28.2b28.4b30.3b25.0b

Current Assets

201.8b189.5b175.8b154.8b
Quarterly
SEKQ1, 2017Q2, 2017

Cash

33.0b21.4b

Accounts Receivable

65.7b62.5b

Inventories

33.9b34.2b

Current Assets

174.5b157.8b
Annual
SEKFY, 2014FY, 2015FY, 2016FY, 2017

Net Income

11.1b13.7b1.9b(35.1b)

Inventories

(2.9b)(366.0m)(613.0m)4.0b

Accounts Payable

1.3b(2.7b)2.8b2.4b

Cash From Operating Activities

18.7b20.6b14.0b9.6b
Quarterly
SEKQ1, 2017Q2, 2017

Net Income

(10.9b)(996.0m)

Depreciation and Amortization

5.4b2.2b

Inventories

(3.6b)(1.1b)

Accounts Payable

626.0m41.0m
SEKY, 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)
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Ericsson Operating Metrics

FY, 2014FY, 2015FY, 2016

Patents Issued

37 k39 k42 k
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Ericsson Revenue Breakdown

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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

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Ericsson Online and Social Media Presence

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Ericsson News and Updates

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.

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.

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

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

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

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
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Ericsson Blogs

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?

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…

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…

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.

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.

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…
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Ericsson Company Life and Culture

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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.