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ERICa Company profile

About Telefonaktiebolaget LM Ericsson

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.

Financial summary

BRIEF: For the fiscal year ended 31 December 2021, Telefonaktiebolaget LM Ericsson revenues decreased less than 1% to SEK232.31B. Net income increased 30% to SEK22.69B. Revenues reflect Networks segment increase of 1% to SEK167.84B, Emerging Business and Other segment increase of 22% to SEK7.95B, North East Asia segment increase of 31% to SEK19.04B, Europe and Latin America segment increase of 6% to SEK57.92B.

Equity composition

6/2008, 5-for-1 reverse stock split.