ERICb.ST
Latest Trade
118.94SEKChange
1.66(+1.42%)Volume
7,405,229Today's Range
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118.9452 Week Range
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120.64As of on the Stockholm Stock Exchange ∙ Minimum 15 minute delay
Previous Close | 117.28 |
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Open | 116.80 |
Volume | 7,405,229 |
3M AVG Volume | 178.97 |
Today's High | 118.94 |
Today's Low | 116.52 |
52 Week High | 120.64 |
52 Week Low | 78.74 |
Shares Out (MIL) | 3,328.11 |
Market Cap (MIL) | 396,946.20 |
Forward P/E | 20.14 |
Dividend (Yield %) | 1.68 |
Ericsson: 2021 Will Be Investment Year In Order To Strengthen Ericsson Even Further - CEO
Ericsson Files For Potential Debt Shelf Offering; Size Not Disclosed
Belgium Prepares For 5G With New Ericsson-Telenet RAN Partnership
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
Executive Leadership
Ronnie Leten
Non-Executive Independent Chairman of the Board
E. Boerje 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
Price To Earnings (TTM) | 22.62 |
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Price To Sales (TTM) | 1.71 |
Price To Book (MRQ) | 4.57 |
Price To Cash Flow (TTM) | 15.51 |
Total Debt To Equity (MRQ) | 45.53 |
LT Debt To Equity (MRQ) | 33.83 |
Return on Investment (TTM) | 11.05 |
Return on Equity (TTM) | 6.43 |
Romania's centrist government on Thursday approved a United States-backed bill that effectively bars China and Huawei from taking part in development of its 5G network, a member of the IT&C and National Security Committee told Reuters.
KPN NV, the largest Dutch telecommunications company, has filed a patent-infringement complaint against Ericsson in a district court in Texas, the Swedish telecom equipment maker said on Thursday.
KPN NV, the largest Dutch telecommuncations company, has filed a patent-infringement complaint against Ericsson in a district court in Texas, the Swedish telecom equipment maker said on Thursday.
Ericsson is opening a lab in Ottawa, Canada, to work with customers and partners on new 5G radio access networks (RAN) technologies, the company said on Wednesday.
Cevian Capital has cut its holding in Ericsson to 4.55% of the telecom equipment maker's share capital, the activist investor said on Wednesday.
The U.S. International Trade Commission (ITC) said on Tuesday it would open an investigation after Ericsson claimed Samsung Electronics Inc had infringed on some of its patents in 4G and next generation 5G wireless cellular communications infrastructure systems.
Ericsson beat fourth-quarter core earnings forecasts on Friday, helped by strong sales of 5G equipment and the ban on Chinese rival Huawei in several countries.
Sweden's Ericsson on Friday reported fourth-quarter core earnings ahead of market estimates on the back of strong sales of 5G equipment and it continued to benefit from the ban of China's Huawei from networks in several countries.
European mobile operators are starting to consider Samsung Electronics, long seen as a non-starter, in the race to replace China's Huawei as the supplier of their fledgling 5G systems, although early talks suggest it will still be an uphill struggle.
Nokia on Thursday named rival Ericsson's [ERICb.ST] former executive Nishant Batra as chief strategy and technology officer and member of its group leadership team, effective Jan. 18.
Ericsson has filed a lawsuit in the United States against Samsung in a dispute over royalty payments and patent licences, sending Ericsson's shares sharply lower on Friday as it warned the quarrel could hit earnings.
Ericsson said on Friday it has filed a lawsuit in the United States against Samsung for alleged violations of contractual commitments to negotiate in good faith and to licence patents.
Sweden's Ericsson on Monday raised its global forecast for 5G mobile subscriptions to 220 million by the end of this year, citing faster than expected uptake in China.
Sweden's decision to ban China's Huawei from its 5G networks restricts free competition and trade, the head of rival telecoms equipment supplier Ericsson told the Financial Times.
Ericsson on Tuesday set some new long-term financial goals but left its 2022 operating margin target unchanged, driving down the telecom equipment maker's shares.
Britain's BT <BT.L> has selected Ericsson <ERICb.ST> to provide 5G radio equipment for its EE mobile network in London, Edinburgh, Belfast, Cardiff and other major UK cities, building on the contract it signed earlier this year for core technology.
Ericsson said on Wednesday it had been selected by Britain's BT to provide 5G radio equipment in London, Edinburgh, Belfast, Cardiff and other major UK cities, building on the contract it signed earlier this year for core technology.
Telecoms equipment supplier Ericsson beat quarterly core earnings forecasts on Wednesday, helped by higher margins and China's 5G rollout, and said it was "more confident" about meeting its 2020 targets.
European shares slipped on Wednesday as losses in defensive sectors outweighed optimism over encouraging quarterly results from consumer giant Nestle and telecoms equipment maker Ericsson.
* Expects profits from China to improve further (Adds comments from CFO interview, details)
Quote and financial data from Refinitiv. Fund performance data provided by Lipper. All quotes delayed a minimum of 15 minutes.