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Telefonaktiebolaget LM Ericsson (ERICb.ST)

ERICb.ST on Stockholm Stock Exchange

77.08SEK
18 Jan 2019
Change (% chg)

1.18kr (+1.55%)
Prev Close
75.90kr
Open
76.38kr
Day's High
77.42kr
Day's Low
76.30kr
Volume
10,469,271
Avg. Vol
9,340,600
52-wk High
85.66kr
52-wk Low
49.04kr

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About

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... (more)

Overall

Beta: 1.10
Market Cap(Mil.): kr251,359.80
Shares Outstanding(Mil.): 3,334.15
Dividend: 1.00
Yield (%): 1.33

Financials

  ERICb.ST Industry Sector
P/E (TTM): -- 12.45 9.66
EPS (TTM): -5.62 -- --
ROI: -10.79 1.88 16.43
ROE: -17.56 2.06 17.89

Ericsson books charge as it rethinks Digital Services strategy

STOCKHOLM Sweden's Ericsson said it will book a 6.1 billion crown ($687 million) charge for the fourth quarter after a failed revamp of its loss-making Business Support System unit (BSS), as it seeks to protect its profitability targets.

Jan 10 2019

UPDATE 2-Ericsson books charge as it rethinks Digital Services strategy

* Sees related restructuring charges of 1.5 bln crowns in 2019

Jan 10 2019

Ericsson makes 6.1 bln SEK provision to revamp ailing BSS unit

STOCKHOLM, Jan 10 Mobile telecom equipment maker Ericsson said on Thursday it would make cost provisions of 6.1 billion Swedish crowns ($687 million) in the fourth quarter as it shifted strategy for its loss-making Business Support System (BSS) unit.

Jan 10 2019

Reliance Communications says committed to settle dues with Ericsson

NEW DELHI, Jan 6 Indian telecom company Reliance Communications Ltd (RCom) said it remained "fully committed" to settle dues with Swedish telecom gearmaker Ericsson from the proceeds of its sale of wireless assets to Reliance Jio Infocomm Ltd.

Jan 06 2019

Reliance Communications says committed to settle dues with Ericsson

NEW DELHI Indian telecom company Reliance Communications Ltd (RCom) said it remained "fully committed" to settle dues with Swedish telecom gearmaker Ericsson from the proceeds of its sale of wireless assets to Reliance Jio Infocomm Ltd [RELIB.UL].

Jan 06 2019

European shares stuck in 'Santa Crash'

MILAN European shares remained stuck in a "Santa Crash" on Tuesday in a fourth straight session of losses, dragged down by poor economic data and lower oil prices.

Dec 18 2018

Deutsche Telekom reviews Huawei ties; Orange says no on 5G

FRANKFURT/PARIS Huawei [HWT.UL] faces fresh challenges in Europe after Germany's Deutsche Telekom announced it would review its vendor strategy and Orange said it would not hire the Chinese firm to build its next-generation network in France.

Dec 14 2018

UPDATE 4-Deutsche Telekom reviews Huawei ties; Orange says no on 5G

* Orange won't hire Huawei for French 5G network (Adds Softbank context, T-Mobile-Sprint deal)

Dec 14 2018

SoftBank telco IPO sees strong demand despite Huawei, network disruption

TOKYO Domestic investors have sought nearly double the number of shares offered by SoftBank Group Corp's soon-to-list wireless unit, two sources from a lead IPO underwriter said, underscoring strong demand for Japan's third-largest telco.

Dec 14 2018

UPDATE 2-SoftBank telco IPO sees strong demand despite Huawei, network disruption

* Investors sought twice as many shares as available -underwriter

Dec 14 2018

Earnings vs. Estimates