Edition:
United Kingdom

Telefonaktiebolaget LM Ericsson (ERICb.ST)

ERICb.ST on Stockholm Stock Exchange

79.20SEK
7 Dec 2018
Change (% chg)

2.60kr (+3.39%)
Prev Close
76.60kr
Open
78.34kr
Day's High
80.68kr
Day's Low
77.60kr
Volume
12,518,354
Avg. Vol
8,503,218
52-wk High
85.66kr
52-wk Low
49.04kr

Latest Key Developments (Source: Significant Developments)

Ericsson Group Profitability Target And Net Sales Ambition 2020
Wednesday, 7 Nov 2018 

Nov 7 (Reuters) - Telefonaktiebolaget LM Ericsson ::GROUP PROFITABILITY TARGET AND NET SALES AMBITION 2020.AMBITION FOR NET SALES IS INCREASED TO SEK 210 - 220 (190-200) B. BY 2020.IN NETWORKS, INCREASED INVESTMENTS IN RESEARCH AND DEVELOPMENT FOR TECHNOLOGY AND COST LEADERSHIP WILL CONTINUE.LONG-TERM PROFITABILITY TARGET FOR GROUP FOR OPERATING MARGIN OF MORE THAN 12% EXCLUDING RESTRUCTURING NOW SET TO 2022 AT LATEST.Q4 2018 WILL BE NEGATIVELY IMPACTED BY SEK -0.5 B., OF WHICH SEK -0.2 B. OF RESTRUCTURING CHARGES IMPACTS CASHFLOW.  Full Article

Fujitsu And Ericsson To Team Up On 5G Base Stations - Nikkei
Thursday, 25 Oct 2018 

Oct 26 (Reuters) - Nikkei: :FUJITSU AND ERICSSON TO TEAM UP TO DEVELOP AND MANUFACTURE BASE STATIONS FOR FIFTH-GENERATION WIRELESS COMMUNICATIONS - NIKKEI.  Full Article

India's RCom Says SC Allowed Co To Pay Dues To Ericsson On Or Before Dec 15
Thursday, 25 Oct 2018 

Oct 25 (Reuters) - Reliance Communications Ltd ::SAYS SUPREME COURT ALLOWED CO TO PAY DUES TO ERICSSON ON OR BEFORE DECEMBER 15, 2018.  Full Article

Ericsson CFO says maintains networks market forecast of -1 pct 2019
Wednesday, 17 Oct 2018 

Oct 18 (Reuters) - Ericsson Chief Financial Officer Carl Mellander to Reuters: :Says maintains networks market forecast of -1 percent 2019.Says sees roughly flat networks sales in North America in Q4 versus Q3.Says sees seasonality in Q4 versus Q3 sales "a few percentage points" lower versus average of 17-18 percent growth in recent years.  Full Article

Reliance Communications Says Granted Relief By Telecom Disputes Settlement & Appellate Tribunal
Wednesday, 3 Oct 2018 

Oct 3 (Reuters) - Reliance Communications Ltd ::SAYS RELIANCE COMMUNICATIONS GRANTED RELIEF BY TELECOM DISPUTES SETTLEMENT & APPELLATE TRIBUNAL.SAYS SPECTRUM TRADING TO BE COMPLETED WITHOUT BANK GUARANTEE OF 29 BILLION RUPEES DEMANDED BY DOT.SAYS RCOM TO RECEIVE 9.75 BILLION RUPEES FROM SALE OF SPECTRUM.TO PAY ERICSSON 5.50 BILLION RUPESS & RITL MINORITY INVESTORS 2.30 BILLION RUPEES FROM SPECTRUM TRADING PROCEEDS.  Full Article

Ericsson To Acquire CENX To Boost Network Automation Capability
Tuesday, 4 Sep 2018 

Sept 4 (Reuters) - Ericsson ::TO ACQUIRE CENX TO BOOST NETWORK AUTOMATION CAPABILITY.SAYS CENX EMPLOYS 185 PEOPLE.CENX, FOUNDED IN 2009, IS HEADQUARTERED IN JERSEY CITY, NEW JERSEY .THE COMPANY ACHIEVED SIGNIFICANT YEAR-OVER-YEAR REVENUE GROWTH IN THE FISCAL YEAR THAT ENDED DECEMBER 31, 2017.  Full Article

Coor Extends And Develops IFM Agreement With Ericsson In Sweden
Friday, 31 Aug 2018 

Aug 31 (Reuters) - Coor Service Management Holding Ab ::COOR EXTENDS AND DEVELOPS IFM AGREEMENT WITH ERICSSON IN SWEDEN.COOR AND ERICSSON HAVE TODAY AGREED TO EXTEND CONTRACT UNTIL 2023.  Full Article

Ericsson Objects To Settlement Terms For Reliance Communications Insolvency Case - CNBC-TV18
Thursday, 2 Aug 2018 

Aug 2 (Reuters) - :ERICSSON OBJECTS TO SETTLEMENT TERMS FOR RELIANCE COMMUNICATIONS INSOLVENCY CASE - CNBC-TV18.  Full Article

Ericsson Signs Credit Facility Agreement With The European Investment Bank
Thursday, 31 May 2018 

May 31 (Reuters) - Telefonaktiebolaget LM Ericsson ::SIGNS CREDIT FACILITY AGREEMENT WITH THE EUROPEAN INVESTMENT BANK.SAYS EUROPEAN INVESTMENT BANK HAS GRANTED ERICSSON A CREDIT FACILITY OF EUR 250 MILLION.SAYS FUNDING WILL SUPPORT RESEARCH AND DEVELOPMENT ACTIVITIES FOR 5G AND EXTEND DEBT MATURITY PROFILE.  Full Article

Crowdsoft Technology: Flowscape Enters Five-Year Agreement With Ericsson
Monday, 21 May 2018 

May 21 (Reuters) - Crowdsoft Technology Ab ::FLOWSCAPE ENTERS FIVE-YEAR AGREEMENT WITH ERICSSON.ACCORDING TO AGREEMENT, ERICSSON OFFERS FLOWSCAPE PRODUCTS IN ITS SMART BUILDING OFFERING TO TELECOM OPERATORS WORLDWIDE.ASSESSMENT IS THAT THE COOPERATION WILL BEGIN TO AFFECT FLOWSCAPE'S SALES IN 2019.  Full Article

Britain's O2 to compensate customers with phone credit after data outage

Dec 7 British mobile operator O2 said on Friday it would compensate customers with phone credit, a day after a software glitch caused smartphone users to lose internet access.