Company ERICSSON

Equities

ERIC B

SE0000108656

Communications & Networking

Real-time Estimate Cboe Europe 03:17:28 2024-04-18 am EDT 5-day change 1st Jan Change
55.6 SEK +1.28% Intraday chart for ERICSSON -0.11% -13.48%

Business Summary

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 (58.1%);

- services (31.1%): primarily network management and control and systems integration services;

- multimedia equipment (9.8%);

- other (1%).

Number of employees: 99,519

Sales per Business

SEK in Million2022Weight2023Weight Delta
Networks
65.1 %
193,468 71.2 % 171,442 65.1 % -11.38%
Cloud Software and Services
24.2 %
60,524 22.3 % 63,630 24.2 % +5.13%
Enterprise
9.8 %
15,380 5.7 % 25,745 9.8 % +67.39%
Other Operations
1.0 %
2,174 0.8 % 2,534 1.0 % +16.56%

Sales per region

SEK in Million2022Weight2023Weight Delta
United States
32.4 %
109,709 40.4 % 85,313 32.4 % -22.24%
European Union
12.3 %
32,620 12.0 % 32,483 12.3 % -0.42%
India
11.8 %
10,957 4.0 % 31,205 11.8 % +184.80%
Europe and Latin America
11.6 %
30,931 11.4 % 30,627 11.6 % -0.98%
Middle East and Africa
9.0 %
22,571 8.3 % 23,739 9.0 % +5.17%
South East Asia, Oceania and India
8.4 %
21,994 8.1 % 22,113 8.4 % +0.54%
Other
4.6 %
12,792 4.7 % 12,165 4.6 % -4.90%
China
4.1 %
10,523 3.9 % 10,716 4.1 % +1.83%
Japan
3.8 %
9,965 3.7 % 10,139 3.8 % +1.75%
North East Asia
1.2 %
6,245 2.3 % 3,077 1.2 % -50.73%
Sweden
0.7 %
3,239 1.2 % 1,774 0.7 % -45.23%

Managers

Managers TitleAgeSince
Chief Executive Officer 61 05-12-31
Chief Tech/Sci/R&D Officer 56 17-06-30
Chief Operating Officer - 15-07-31
Director/Board Member 52 21-12-31
Director/Board Member 60 21-03-29
Public Communications Contact - -
Public Communications Contact 55 17-06-30
Corporate Officer/Principal - -
Corporate Officer/Principal 43 -
Corporate Officer/Principal - 21-12-31

Members of the board

Members of the board TitleAgeSince
Chairman 64 17-01-31
Director/Board Member 68 11-04-12
Director/Board Member 70 17-03-28
Chief Executive Officer 61 05-12-31
Director/Board Member 51 22-03-28
Director/Board Member 70 16-04-12
Director/Board Member 54 16-04-12
Director/Board Member 52 23-03-28
Director/Board Member 63 17-03-28
Director/Board Member 61 15-12-31

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 261,755,983 54,938,857 ( 20.99 %) 0 88.79 %
Stock B 0 3,082,395,752 2,914,230,075 ( 94.54 %) 12,184,543 ( 0.3953 %)

Shareholders

NameEquities%Valuation
Cevian Capital AB
4.938 %
152,218,174 4.938 % 821 M kr
Swedbank Robur Fonder AB
4.784 %
147,466,922 4.784 % 795 M kr
Investor AB (Investment Company)
4.736 %
145,982,932 4.736 % 787 M kr
AFA Sjukförsäkringsaktiebolag (Invt Mgmt)
2.469 %
76,104,520 2.469 % 410 M kr
PRIMECAP Management Co.
1.781 %
54,905,971 1.781 % 296 M kr
Nordea Investment Management AB
1.698 %
52,324,980 1.698 % 282 M kr
AMF Fonder AB
1.651 %
50,892,267 1.651 % 274 M kr
AMF Tjänstepension AB (Investment Management)
1.304 %
40,195,000 1.304 % 217 M kr
Storebrand Asset Management AS
1.015 %
31,272,537 1.015 % 169 M kr
Sjunde AP-fonden
0.8852 %
27,283,899 0.8852 % 147 M kr
NameEquities%Valuation
ASR Vermogensbeheer NV
0.008809 %
543,062 0.008809 % 2 M kr
NameEquities%Valuation
Investor AB (Investment Company)
46.14 %
120,762,803 46.14 % 660 M kr
Industrivärden AB (Investment Company)
32.88 %
86,052,615 32.88 % 470 M kr
AMF Fonder AB
7.889 %
20,650,000 7.889 % 113 M kr
AFA Sjukförsäkringsaktiebolag (Invt Mgmt)
4.414 %
11,555,100 4.414 % 63 M kr
Tredje AP-fonden
1.624 %
4,250,736 1.624 % 23 M kr
Livförsäkringsbolaget Skandia, ömsesidigt
1.583 %
4,143,458 1.583 % 23 M kr
Union Bancaire Privée, UBP SA
1.541 %
4,034,003 1.541 % 22 M kr
Lumyna Investments Ltd.
0.3779 %
989,306 0.3779 % 5 M kr
Irish Life Investment Managers Ltd.
0.2439 %
638,323 0.2439 % 3 M kr
Swedbank Robur Fonder AB
0.2428 %
635,643 0.2428 % 3 M kr
NameEquities%Valuation
Hotchkis & Wiley Capital Management LLC
4.746 %
146,286,324 4.746 % 806 M kr
PRIMECAP Management Co.
1.751 %
53,963,871 1.751 % 297 M kr
SRB Corp.
0.3312 %
10,208,031 0.3312 % 56 M kr
American Beacon Advisors, Inc.
0.2905 %
8,953,520 0.2905 % 49 M kr
Arrowstreet Capital LP
0.2676 %
8,247,999 0.2676 % 45 M kr
3,520,582 0.1142 % 19 M kr
Morgan Stanley Investment Management, Inc.
0.1040 %
3,207,059 0.1040 % 18 M kr
Goldman Sachs Asset Management LP
0.1010 %
3,114,619 0.1010 % 17 M kr
Citadel Securities GP LLC
0.0895 %
2,760,174 0.0895 % 15 M kr
Renaissance Technologies LLC
0.0758 %
2,337,601 0.0758 % 13 M kr

Holdings

NameEquities%Valuation
653,473 49.07% 151,030,686 $

Company contact information

Telefonaktiebolaget LM Ericsson

Torshamnsgatan 21

164 83, Kista

+46 10 719 00 00

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

Group companies

NameCategory and Sector
Telecommunications Equipment
Specialty Telecommunications
Telecommunications Equipment
Telecommunications Equipment
Computer Communications
Ericsson Hellas SA
ERICSSON spol sro
Ericsson Network Services SL

Sales per Business

Sales per region

Trading Rating
Investor Rating
ESG Refinitiv
B-
More Ratings
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
20
Last Close Price
54.9 SEK
Average target price
64.26 SEK
Spread / Average Target
+17.05%
Consensus