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Telefonaktiebolaget LM Ericsson (ERICb.ST)

ERICb.ST on Stockholm Stock Exchange

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Telefonaktiebolaget LM Ericsson is a Sweden-based telecommunications operator. The Company offers hardware, software and services that drive development in mobility, broadband and the cloud, creating ecosystems across various industries. Ericsson's core businesses are Radio, Core and Transmission, and Telecom Services. Ericsson... (more)


Beta: 1.03
Market Cap(Mil.): kr177,544.50
Shares Outstanding(Mil.): 3,331.15
Dividend: 1.00
Yield (%): 1.88


  ERICb.ST Industry Sector
P/E (TTM): 101.17 39.11 17.53
EPS (TTM): 0.53 -- --
ROI: 0.99 4.29 9.43
ROE: 1.20 5.10 9.08

Under new CEO, Ericsson cuts dividend after quarterly loss

STOCKHOLM Mobile telecom equipment maker Ericsson cut its annual dividend by 73 percent, with its new CEO saying the Swedish company would prioritize profitability after it suffered an operating loss in the last three months of 2016.

Jan 26 2017

UPDATE 2-Under new CEO, Ericsson cuts dividend after quarterly loss

* New CEO says investments to be reassessed (Adds CFO, analyst comment)

Jan 26 2017

NORDIC STOCKS - Factors to watch on Jan 13

The following stocks may be affected by newspaper reports and other factors on Friday:

Jan 13 2017

Ericsson, Cisco to target corporate, public sector clients in 2017

STOCKHOLM Global telecoms equipment gear maker Ericsson plans to expand its partnership with Cisco Systems Inc by serving new corporate clients and the public sector in 2017, its North American chief told Reuters in an interview.

Dec 23 2016

Ericsson says Swedish staff cuts running ahead of plan

STOCKHOLM Struggling telecom equipment maker Ericsson said on Thursday sweeping staff cuts in its Swedish home market were running ahead of schedule, resulting in higher restructuring costs this year.

Dec 08 2016

Ericsson confirms close of production in Boras, Kumla

** Says as previously announced, Ericsson will make significant reductions in its operations in Boras and Kumla

Nov 29 2016

NORDIC STOCKS - Factors to watch on Nov 23

The following stocks may be affected by newspaper reports and other factors on Wednesday:

Nov 23 2016

Ericsson bets on fast-growing broadband demand in Africa

JOHANNESBURG Ericsson is betting that fast-growing demand for mobile Internet services in sub-Saharan Africa will also boost sales for the world's biggest mobile telecoms equipment maker, the Swedish company's regional president said.

Nov 16 2016

UPDATE 3-Nokia says telecoms gear market tough, but outpacing Ericsson

* Shares fall as much as 7.7 pct (Adds details on market outlook, Ericsson forecasts, 5G hopes)

Nov 15 2016

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