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Telefonaktiebolaget LM Ericsson

ERICb.ST

Latest Trade

102.60SEK

Change

1.80(+1.79%)

Volume

5,817,858

Today's Range

100.40

 - 

103.50

52 Week Range

59.54

 - 

105.10

As of on the Stockholm Stock Exchange ∙ Minimum 15 minute delay

Pricing

Previous Close
100.80
Open
101.35
Volume
5,817,858
3M AVG Volume
179.54
Today's High
103.50
Today's Low
100.40
52 Week High
105.10
52 Week Low
59.54
Shares Out (MIL)
3,323.47
Market Cap (MIL)
338,438.30
Forward P/E
21.14
Dividend (Yield %)
1.49

Next Event

Telefonaktiebolaget LM Ericsson at SEB Nordic Large Cap Seminar

Latest Developments

More

Ericsson To Supply 24, 28 And 39 Ghz mmWave Equipment And Services To U.S. Cellular

Ericsson And Deutsche Telekom Strengthen Partnership With 5G Deal

Deutsche Telekom And Ericsson Strengthen Partnership With 5G Deal

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About Telefonaktiebolaget LM Ericsson

Telefonaktiebolaget LM Ericsson (Ericsson) provides infrastructure, services and software to the telecommunication industry and other sectors. The Company's segments include Networks, IT & Cloud and Media. The Networks segment consists of two business units: Network Products and Network Services. The overall focus is on evolving and managing access networks, including the development of hardware and software for radio access and transport networks. The IT & Cloud business includes two business units: IT & Cloud Products and IT & Cloud Services. The focus in IT & Cloud is to help telecom operators and selected enterprises through the digital transformations ahead. It develops and delivers software-based solutions for television and media and combines a product portfolio that spans the television value chain, with systems integration and managed services. The portfolio includes compression, content publishing through set-top box or pure over-the-top, content delivery and analytics.

Industry

Communications Equipment

Contact Info

Torshamnsgatan 21

164 40

Sweden

+46.10.7190000

https://www.ericsson.com/

Executive Leadership

Ronnie Leten

Chairman of the Board

E. Borje E. Ekholm

President, Chief Executive Officer, Director

Helena Stjernholm

Deputy Chairman of the Board

Jacob Wallenberg

Deputy Chairman of the Board

Carl Mellander

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

Key Stats

2.15 mean rating - 26 analysts
Sell
Hold
Buy
Revenue (MM, SEK)

2017

201.3K

2018

210.8K

2019

227.2K

2020(E)

234.3K
EPS (SEK)

2017

1.420

2018

0.960

2019

4.320

2020(E)

4.769
Price To Earnings (TTM)
119.62
Price To Sales (TTM)
1.48
Price To Book (MRQ)
4.24
Price To Cash Flow (TTM)
33.91
Total Debt To Equity (MRQ)
60.22
LT Debt To Equity (MRQ)
37.95
Return on Investment (TTM)
1.54
Return on Equity (TTM)
0.88

Latest News

Latest News

China may retaliate against Nokia, Ericsson if EU bans Huawei: WSJ

China is considering retaliating against telecom gear makers Nokia and Ericsson if the European Union follows the United States and Britain in banning Huawei Technologies from 5G networks, the Wall Street Journal reported, citing people familiar with the matter.

Rise in 5G sales buoys Ericsson's quarterly profit

A rise in 5G network sales and software revenue helped Ericsson report higher-than-expected quarterly core earnings on Friday, when it said it was sticking to its financial targets for 2020 and 2022.

Swedish earnings, Daimler support European stocks ahead of EU summit

European shares edged higher on Friday as focus turned to Brussels where European Union leaders are expected to hammer out details of a 750-billion-euro recovery fund, with positive earnings updates from Ericsson, Daimler and other firms also supporting gains.

UPDATE 1-Ericsson Q2 core profit beats, margins improve on telecom equipment sales

Sweden's Ericsson reported quarterly core earnings ahead of market estimates on Friday, buoyed by higher margins on the sale of telecom equipment, and said it was keeping its financial targets for 2020 and 2022.

Ericsson says not sourcing products from China's Panda Electronics

Ericsson <ERICb.ST> is not sourcing products from Panda Electronics Group, one of the companies named by the United States as potentially controlled by the Chinese military, the Swedish telecom gear maker said on Tuesday.

Singapore telecoms operators select Nokia, Ericsson to build 5G networks

Telecoms operators in Singapore said they had selected Nokia and Ericsson to build infrastructure for new 5G networks.

Nokia to cut a third of jobs at French arm Alcatel-Lucent

Finnish telecoms equipment maker Nokia Oyj plans to cut 1,233 jobs at its French subsidiary Alcatel-Lucent International, equivalent to a third of the unit's workforce, the group said on Monday, confirming an earlier Reuters report.

Factbox: Deals by major suppliers in the race for 5G

Despite coronavirus lockdowns hitting global supply chains and construction projects, telecommunication firms have continued to contract equipment from Chinese technology giant Huawei [HWT.UL], Finland's Nokia <NOKIA.HE> and Sweden's Ericsson <ERICb.ST> to build fifth-generation...

Sweden's Ericsson sees 190 mln 5G subscriptions by year end

Sweden's Ericsson has almost doubled its global forecast for 5G mobile subscriptions to 190 million by the end of this year, due to faster than expected uptake in China.

U.S., Brazil in talks on funding to buy 5G gear from Ericsson, Nokia: paper

The United States is in talks with Brazil and its local telecommunications companies on funding the acquisition of fifth-generation gear produced by Ericsson and Nokia, U.S. ambassador for Brazil Todd Chapman told Brazilian newspaper Folha de S.Paulo.

Ericsson flags losses from China 5G contracts, takes 1 billion SEK charge

Ericsson expects to take a second-quarter writedown of about 1 billion crowns ($109 million) on product inventory in China, the Swedish telecoms gear maker said on Monday.

Ericsson to take $108.8 million hit in Q2 due to asset write-down

Ericsson's second-quarter results will take a hit of about 1 billion Swedish crowns ($108.8 million) due to write-downs of product inventory in the Chinese market, the firm said on Monday.

Ericsson shares boosted after 5G contract win in Canada, beating Huawei

Ericsson shares hit a high for the year after the Swedish telecom equipment maker increased its footprint in Canada by winning a 5G contract from Bell Canada, beating out China's Huawei.

Canadian telcos tap Ericsson, Nokia for 5G gear, ditching Huawei

Two of Canada's largest telecoms firms on Tuesday teamed with Sweden's Ericsson <ERICb.ST> and Finland's Nokia Oyj <NOKIA.HE> to build fifth-generation (5G) telecoms networks, ditching China's Huawei Technologies for the project.

CORRECTED-UPDATE 2-Canadian telcos tap Ericsson, Nokia for 5G equipment amid Huawei uncertainty

Bell Canada on Tuesday chose Sweden's Ericsson to be its 5G network equipment supplier, while smaller rival Telus Corp picked Ericsson and Finland's Nokia Oyj, with Huawei continuing to face an uncertain future in the country.

Telefonica Deutschland picks Ericsson for 5G core network

Telefonica Deutschland will build its 5G core mobile network in Germany using equipment from Ericsson, saying the choice of the Swedish supplier would safeguard the security of its next-generation services.

Nokia veteran Sari Baldauf takes over as 5G battle rages

Sari Baldauf took over as chairwoman of telecoms equipment maker Nokia <NOKIA.HE> on Wednesday, succeeding Risto Siilasmaa who chaired the Finnish firm for eight years.

Ericsson raises forecasts for 5G subscriptions due to pandemic

Swedish telecom equipment maker Ericsson said on Monday it will lift its forecast for 5G subscriptions globally to around 2.8 billion by 2025 from 2.6 billion seen previously as a consequence of the novel coronavirus pandemic.

Cevian Capital trims Ericsson stake to 7.4%

Activist investor Cevian Capital has trimmed its holding in Sweden's Ericsson to 7.4% of share capital, saying the telecom equipment maker's share of Cevian's portfolio had become too large.

Cevian Capital trims Ericsson stake by 34 mln B-shares - SEC filing

Activist investor Cevian Capital has trimmed its holding in telecom equipment maker Ericsson according to a filing with the U.S. Securities and Exchange Commission on Friday.

Quote and financial data from Refinitiv. Fund performance data provided by Lipper. All quotes delayed a minimum of 15 minutes.

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