Company ERICSSON London S.E.

Equities

0O87

SE0000108656

Communications & Networking

Market Closed - London S.E. 11:25:00 2024-07-11 am EDT 5-day change 1st Jan Change
67.38 SEK -0.93% Intraday chart for ERICSSON +3.35% +6.78%

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: 99,140

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 52 22-03-28
Director/Board Member 70 16-04-12
Director/Board Member 52 23-03-28
Director/Board Member 63 17-03-28
Director/Board Member 61 15-12-31
Director/Board Member 52 21-12-31

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 261,755,983 54,940,565 ( 20.99 %) 0 88.22 %
Stock B 0 3,082,395,752 2,895,154,838 ( 93.93 %) 12,184,543 ( 0.3953 %)

Shareholders

NameEquities%Valuation
Investor AB (Investment Company)
6.188 %
190,729,738 6.188 % 1 185 M kr
Cevian Capital AB
4.938 %
152,218,174 4.938 % 946 M kr
PRIMECAP Management Co.
1.781 %
54,905,971 1.781 % 341 M kr
AMF Fonder AB
1.651 %
50,892,267 1.651 % 316 M kr
Storebrand Asset Management AS
0.8642 %
26,639,553 0.8642 % 166 M kr
Livförsäkringsbolaget Skandia, ömsesidigt
0.8533 %
26,301,905 0.8533 % 163 M kr
Länsförsäkringar Fondförvaltning AB
0.8510 %
26,229,998 0.8510 % 163 M kr
Avanza Fonder AB
0.7951 %
24,509,522 0.7951 % 152 M kr
Nordea Investment Management AB
0.6725 %
20,729,035 0.6725 % 129 M kr
Carnegie Fonder AB
0.5677 %
17,500,000 0.5677 % 109 M kr
NameEquities%Valuation
Investor AB (Investment Company)
46.14 %
120,762,803 46.14 % 756 M kr
Industrivärden AB (Investment Company)
32.88 %
86,052,615 32.88 % 539 M kr
AMF Fonder AB
7.889 %
20,650,000 7.889 % 129 M kr
AFA Sjukförsäkringsaktiebolag (Invt Mgmt)
4.414 %
11,555,100 4.414 % 72 M kr
Tredje AP-fonden
1.624 %
4,250,736 1.624 % 27 M kr
Livförsäkringsbolaget Skandia, ömsesidigt
1.583 %
4,143,458 1.583 % 26 M kr
Setanta Asset Management Ltd.
0.1500 %
392,757 0.1500 % 2 M kr
Cevian Capital AB
0.1296 %
339,228 0.1296 % 2 M kr
Irish Life Investment Managers Ltd.
0.1065 %
278,780 0.1065 % 2 M kr
Global Systematic Investors LLP
0.0396 %
103,537 0.0396 % 648 194 kr
NameEquities%Valuation
Hotchkis & Wiley Capital Management LLC
4.917 %
151,564,145 4.917 % 935 M kr
PRIMECAP Management Co.
1.597 %
49,221,099 1.597 % 304 M kr
Slate Path Capital LP
0.5510 %
16,983,000 0.5510 % 105 M kr
Arrowstreet Capital LP
0.4019 %
12,387,709 0.4019 % 76 M kr
Renaissance Technologies LLC
0.3140 %
9,678,600 0.3140 % 60 M kr
SRB Corp.
0.2945 %
9,077,031 0.2945 % 56 M kr
Morgan Stanley Investment Management, Inc.
0.2050 %
6,317,388 0.2050 % 39 M kr
Voloridge Investment Management LLC
0.1381 %
4,255,926 0.1381 % 26 M kr
4,232,756 0.1373 % 26 M kr
The Ayco Co. LP
0.1282 %
3,953,116 0.1282 % 24 M kr

Holdings

NameEquities%Valuation
653,473 49.07% 147,075,534 $

Company contact information

Telefonaktiebolaget LM Ericsson

Torshamnsgatan 21

164 83, Kista

+46 10 719 00 00

http://www.ericsson.se
address ERICSSON(0O87)

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