Trade Ericsson B - ERICb CFD

ERICb 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.