Business description: ERICSSON

Ericsson AB specializes in the design, manufacture, and marketing of stationary and mobile telecommunications systems and equipment. Net sales break down by product families as follows:

- transmission network and telephony equipment and systems (63.8%);

- services (25.3%): primarily network management and control and systems integration services;

- multimedia equipment (10%);

- other (0.9%).

Number of employees: 89,898

Sales by Activity: ERICSSON

Fiscal Period: December 2020 (SEK) 2021 (SEK) 2022 (SEK) 2023 (SEK) 2024 (SEK)

Networks

166B 168B 193B 171B 158B

Cloud Software and Services

- - 60.52B 63.63B 62.64B

Enterprise

- - 15.38B 25.74B 24.86B

Other

- - 2.17B 2.53B 2.18B

Digital Services

37.32B 36.15B - - -

Managed Services

22.6B 20.38B - - -

Emerging Business and Other

6.49B 7.95B - - -
See all business segments

Geographical breakdown of sales: ERICSSON

Fiscal Period: December 2020 (SEK) 2021 (SEK) 2022 (SEK) 2023 (SEK) 2024 (SEK)

North America

73.78B 77.46B 95.39B 59.23B 72.89B

Other

16.19B 15.85B 27.11B 38.25B 39.64B

EU (Excluding Sweden)

28.38B 28.96B 32.62B 32.48B 32.92B

Other Europe and Latin America

26.24B 28.96B 30.93B 30.63B 28.15B

Middle East and Africa

23.3B 20.78B 22.57B 23.74B 20.77B

North East Asia

- - - - 18.76B

South East Asia & Oceania

- - 21.99B 22.11B 17.22B

India

- - 10.96B 31.2B 15.19B

Sweden

1.12B 2.35B 3.24B 1.77B 2.34B

Japan

- 13.68B 9.96B 10.14B -

North East Asia (Excluding China & Japan)

- 5.36B 6.24B 3.08B -

South East Asia, Oceania and India

30.05B 28.83B - - -

North East Asia (Excluding China)

14.59B - - - -

China

18.74B 10.08B 10.52B 10.72B -
See all geographic segments

Executive Committee: ERICSSON

Manager TitleAgeSince
Chief Executive Officer 63 30/01/2017
Director of Finance/CFO 54 31/03/2024
Chief Tech/Sci/R&D Officer 58 30/06/2017
Chief Operating Officer 60 31/10/2023
Corporate Officer/Principal 57 30/06/2017
See ERICSSON governance

Composition of the Board of Directors: ERICSSON

Director TitleAgeSince
Director/Board Member 63 31/12/2005
Director/Board Member 70 13/04/2011
Director/Board Member 71 12/04/2016
Director/Board Member 72 28/03/2017
Chairman 66 28/03/2023
Director/Board Member 65 28/03/2017
Director/Board Member 63 31/12/2015
Director/Board Member 62 03/07/2023
Director/Board Member 54 30/07/2023
Director/Board Member 49 28/03/2023
Composition of the Board of Directors

Shareholders: ERICSSON

NameEquities%Valuation
Investor AB (Investment Company)
6.873 %
213,729,738 6.873 % 2 106 M kr
Cevian Capital AB
4.895 %
152,218,174 4.895 % 1 500 M kr
Hotchkis & Wiley Capital Management LLC
3.745 %
116,467,715 3.745 % 1 148 M kr
AMF Fonder AB
2.61 %
81,153,792 2.61 % 800 M kr
Storebrand Asset Management AS
0.9366 %
29,125,909 0.9366 % 287 M kr
NameEquities%Valuation
Investor AB (Investment Company)
46.14 %
120,762,803 46.14 % 1 189 M kr
Industrivärden AB (Investment Company)
32.88 %
86,052,615 32.88 % 847 M kr
AMF Fonder AB
7.883 %
20,633,061 7.883 % 203 M kr
AFA Sjukförsäkringsaktiebolag (Invt Mgmt)
4.414 %
11,555,100 4.414 % 114 M kr
S.W. Mitchell Capital LLP
2.542 %
6,653,257 2.542 % 65 M kr
NameEquities%Valuation
Hotchkis & Wiley Capital Management LLC
3.099 %
96,378,011 3.099 % 930 M kr
Acadian Asset Management LLC
2.257 %
70,173,376 2.257 % 677 M kr
PRIMECAP Management Co.
0.8005 %
24,893,699 0.8005 % 240 M kr
Renaissance Technologies LLC
0.4228 %
13,148,900 0.4228 % 127 M kr
Morgan Stanley Investment Management, Inc.
0.3392 %
10,546,624 0.3392 % 102 M kr
List of ERICSSON shareholders

Company details: ERICSSON

Telefonaktiebolaget LM Ericsson

Torshamnsgatan 21

164 83, Kista

+46 10 719 00 00

http://www.ericsson.com
address ERICSSON(ERIC B)

Group companies: ERICSSON

NameCategory and Sector
See all subsidiaries

Other Communications & Networking

Change 5d. change 1-year change 3-years change Capi.($)
-0.91%+0.69%-7.25%+36.11% 31.6B
-0.08%+1.77%+25.69%+53.83% 297B
+3.64%+2.47%+202.30%+563.16% 180B
-0.58%+5.65%+9.90%+351.58% 163B
-1.28%+5.80%+416.36%+2,962.03% 98.39B
+1.56%+4.56%-13.42%+50.60% 66.72B
-0.93%+2.45%+10.20%-10.59% 40.77B
-0.38%-0.21%-1.29%+115.66% 40.74B
-2.03%+1.93%+31.17%+22.32% 37.04B
-0.15%+5.58%+189.65%+376.45% 34.29B
Average -0.11%+2.56%+86.33%+452.12% 98.97B
Weighted average by Cap. +0.35%+3.01%+94.41%+493.64%
See all sector performances
Trader
Investor
Global
Quality
ESG MSCI
A
More Ratings
Sell
Consensus
Buy
Mean consensus
HOLD
Number of Analysts
19
Last Close Price
87.52SEK
Average target price
88.11SEK
Spread / Average Target
+0.67%
Consensus

Quarterly revenue - Rate of surprise