News & Videos - ERICSSON B (FRIA) - Page 2

Ericsson announces leadership changes to the Executive Team PR Newswire STOCKHOLM, Jan. 24, 2024 Niklas Heuveldop, currently Head of Market Area North America, is appointed new Head of Business Area Global Communications Platform and CEO of Vonage as of February 1, 2024 Yossi Cohen , currently Head of Strategy, Technology, Marketing and Business Development within Market Area North America, is appointed Senior Vice President and Head of Market Area North America as of February 1, 2024 Rory Read...

Ericsson reports fourth quarter and full-year results 2023 PR Newswire STOCKHOLM, Jan. 23, 2024 STOCKHOLM , Jan. 23, 2024 /PRNewswire/ -- Fourth quarter highlights – Solid EBITA and cash flow in a challenged market Sales declined organically [1] by -17% YoY, driven by a -23% decline in Networks. Reported sales were down by -16% to SEK 71.9 b . Gross income excluding restructuring charges decreased to SEK 29.6 (35.7) b . Gross margin excluding restructuring charges was 41.1% (41.5%). Adjusted...

Ericsson reports fourth quarter and full-year results 2023 PR Newswire STOCKHOLM, Jan. 23, 2024 STOCKHOLM , Jan. 23, 2024 /PRNewswire/ -- Fourth quarter highlights – Solid EBITA and cash flow in a challenged market Sales declined organically [1] by -17% YoY, driven by a -23% decline in Networks. Reported sales were down by -16% to SEK 71.9 b . Gross income excluding restructuring charges decreased to SEK 29.6 (35.7) b . Gross margin excluding restructuring charges was 41.1% (41.5%). Adjusted...

Ericsson reports fourth quarter and full-year results 2023 PR Newswire STOCKHOLM, Jan. 23, 2024 STOCKHOLM , Jan. 23, 2024 /PRNewswire/ -- Fourth quarter highlights – Solid EBITA and cash flow in a challenged market Sales declined organically [1] by -17% YoY, driven by a -23% decline in Networks. Reported sales were down by -16% to SEK 71.9 b . Gross income excluding restructuring charges decreased to SEK 29.6 (35.7) b . Gross margin excluding restructuring charges was 41.1% (41.5%). Adjusted...

Ericsson appoints Lars Sandström as Chief Financial Officer PR Newswire STOCKHOLM, Jan. 23, 2024 Effective as of April 1, 2024 Member of Ericsson's Executive Team, reporting to the CEO STOCKHOLM , Jan. 23, 2024 /PRNewswire/ -- Ericsson ( NASDAQ : ERIC) today announces the appointment of Lars Sandström as its new Chief Financial Officer, Senior Vice President, and Head of Group Function Finance. Mr. Sandström will replace Carl Mellander , whose departure Ericsson announced in April 2023 . Mr....

Invitation to media and analyst briefing for Ericsson Q4 2023 report PR Newswire STOCKHOLM, Jan. 9, 2024 Report to be released at approximately 7:00 AM CET on January 23, 2024 One live video webcast for analysts, investors, and journalists at 9:00 AM CET STOCKHOLM , Jan. 9, 2024 /PRNewswire/ -- Ericsson's (NASDAQ: ERIC) financial report for the fourth quarter 2024 will be published at approximately 7:00 AM CET on January 23, 2024. The company will issue a press release with the complete...

Invitation to media and analyst briefing for Ericsson Q4 2023 report PR Newswire STOCKHOLM, Jan. 9, 2024 Report to be released at approximately 7:00 AM CET on January 23, 2024 One live video webcast for analysts, investors, and journalists at 9:00 AM CET STOCKHOLM , Jan. 9, 2024 /PRNewswire/ -- Ericsson's (NASDAQ: ERIC) financial report for the fourth quarter 2024 will be published at approximately 7:00 AM CET on January 23, 2024. The company will issue a press release with the complete...

AT&T to Accelerate Open and Interoperable Radio Access Networks (RAN) in the United States through new collaboration with Ericsson PR Newswire STOCKHOLM, Dec. 4, 2023 STOCKHOLM , Dec. 4, 2023 /PRNewswire/ -- AT&T today announced plans to lead the United States in commercial scale open radio access network (Open RAN) deployment. This industry-leading move, in collaboration with Ericsson, will further the telecommunications industry efforts and build a more robust ecosystem of network...

Changes to Ericsson's nomination committee PR Newswire STOCKHOLM, Nov. 30, 2023 STOCKHOLM , Nov. 30, 2023 /PRNewswire/ -- Effective November 30, 2023 , Bengt Kjell, AB Industrivärden, will replace Karl Åberg, AB Industrivärden, in Ericsson's (NASDAQ: ERIC) Nomination Committee. The Nomination Committee now consists of: Johan Forssell , Investor AB; Bengt Kjell, AB Industrivärden; Anders Oscarsson , AMF Tjänstepension & AMF Fonder; Christer Gardell , Cevian Capital Partners Limited; and Jan...

Changes to Ericsson's nomination committee PR Newswire STOCKHOLM, Nov. 30, 2023 STOCKHOLM , Nov. 30, 2023 /PRNewswire/ -- Effective November 30, 2023 , Bengt Kjell, AB Industrivärden, will replace Karl Åberg, AB Industrivärden, in Ericsson's (NASDAQ: ERIC) Nomination Committee. The Nomination Committee now consists of: Johan Forssell , Investor AB; Bengt Kjell, AB Industrivärden; Anders Oscarsson , AMF Tjänstepension & AMF Fonder; Christer Gardell , Cevian Capital Partners Limited; and Jan...

Ericsson issues first green bond PR Newswire STOCKHOLM, Nov. 23, 2023 A green bond of EUR 500 million within the Green Financing Framework, with a maturity of 4.5 years Proceeds will be exclusively allocated to investments in energy efficiency The bond extends Ericsson's well diversified debt maturity profile STOCKHOLM , Nov. 23, 2023 /PRNewswire/ -- Ericsson (NASDAQ:ERIC) has successfully placed a green Euro-denominated 500 million 4.5-year bond. The bond was issued under Ericsson's Euro Medium...

Ericsson issues first green bond PR Newswire STOCKHOLM, Nov. 23, 2023 A green bond of EUR 500 million within the Green Financing Framework, with a maturity of 4.5 years Proceeds will be exclusively allocated to investments in energy efficiency The bond extends Ericsson's well diversified debt maturity profile STOCKHOLM , Nov. 23, 2023 /PRNewswire/ -- Ericsson (NASDAQ:ERIC) has successfully placed a green Euro-denominated 500 million 4.5-year bond. The bond was issued under Ericsson's Euro Medium...

Ericsson reports third quarter results 2023 PR Newswire STOCKHOLM, Sweden, Oct. 17, 2023 STOCKHOLM, Sweden , Oct. 17, 2023 /PRNewswire/ -- Third quarter highlights – in line with guidance Group organic sales[1] declined by -10% YoY. Segment Networks organic sales[1] declined by -16% while Enterprise and Cloud Software and Services sales grew organically. Reported sales decreased by -5% to SEK 64.5 (68.0) b . Gross margin excluding restructuring charges was 39.2% (41.4%) primarily impacted by...

Ericsson reports third quarter results 2023 PR Newswire STOCKHOLM, Sweden, Oct. 17, 2023 STOCKHOLM, Sweden , Oct. 17, 2023 /PRNewswire/ -- Third quarter highlights – in line with guidance Group organic sales[1] declined by -10% YoY. Segment Networks organic sales[1] declined by -16% while Enterprise and Cloud Software and Services sales grew organically. Reported sales decreased by -5% to SEK 64.5 (68.0) b . Gross margin excluding restructuring charges was 39.2% (41.4%) primarily impacted by...

Ericsson announces impairment charge of SEK 32 billion and provides update on Q3 earnings PR Newswire STOCKHOLM, Oct. 11, 2023 Non-cash impairment of SEK 32 billion in the third quarter 2023, relating to the impairment of goodwill attributed to the Vonage acquisition. Vonage remains critical to the enterprise strategy and Ericsson's positive outlook on the potential of the Global Network Platform remains unchanged. Ericsson also announces highlights from the Q3 results with a group EBITA margin...

Ericsson announces impairment charge of SEK 32 billion and provides update on Q3 earnings PR Newswire STOCKHOLM, Oct. 11, 2023 Non-cash impairment of SEK 32 billion in the third quarter 2023, relating to the impairment of goodwill attributed to the Vonage acquisition. Vonage remains critical to the enterprise strategy and Ericsson's positive outlook on the potential of the Global Network Platform remains unchanged. Ericsson also announces highlights from the Q3 results with a group EBITA margin...

Ericsson ConsumerLab report highlights differentiated 5G connectivity opportunity for CSPs PR Newswire STOCKHOLM, Oct. 3, 2023 Twenty percent of 5G smartphone users willing to pay premium to CSPs for differentiated quality of service over 5G 5G consumers three times more likely to switch provider because of poor connectivity experiences at major venues such as stadiums, arenas and airports Ericsson CTO, Erik Ekudden : ConsumerLab 5G research reinforces the value-add business potential of network...

Ericsson takes leadership in industrializing Open RAN PR Newswire STOCKHOLM, Sept. 25, 2023 Ericsson will introduce support for open fronthaul across its Cloud RAN and radio portfolios starting in 2024 More than one million Ericsson radios in the field are hardware-prepared for open fronthaul Ericsson is driving the industry in all three areas of Open RAN architectures - cloudification, open management with automation, and open fronthaul STOCKHOLM , Sept. 25, 2023 /PRNewswire/ -- Ericsson...

Invitation to Ericsson quarterly sustainability and responsible business update PR Newswire STOCKHOLM, Sept. 15, 2023 STOCKHOLM , Sept. 15, 2023 /PRNewswire/ -- Ericsson (NASDAQ: ERIC) invites investors and financial analysts to a briefing session focused on sustainability and responsible business at Ericsson. The session will include presentations by Heather Johnsson , Head of Sustainability and Corporate Responsibility, and Jan Sprafke , Chief Compliance Officer (acting). The session will also...

Invitation to Ericsson quarterly sustainability and responsible business update PR Newswire STOCKHOLM, Sept. 15, 2023 STOCKHOLM , Sept. 15, 2023 /PRNewswire/ -- Ericsson (NASDAQ: ERIC) invites investors and financial analysts to a briefing session focused on sustainability and responsible business at Ericsson. The session will include presentations by Heather Johnsson , Head of Sustainability and Corporate Responsibility, and Jan Sprafke , Chief Compliance Officer (acting). The session will also...