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MarketScreener Homepage  >  Equities  >  NASDAQ OMX STOCKHOLM  >  Ericsson AB    ERIC B   SE0000108656

ERICSSON AB

(ERIC B)
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Ericsson : Gets 5G Deal From Telia to Upgrade Networks in Sweden and Estonia

10/21/2020 | 03:12am EST

By Dominic Chopping

STOCKHOLM--Ericsson AB said Wednesday it has been selected by Telia Company AB to modernize its existing fourth generation networks across Sweden and Estonia.

The network equipment vendor said the five-year, multi-billion Swedish kronor, critical national infrastructure network deal will see it deliver radio access network technology to base stations in order to modernize Telia's 4G networks and upgrade them to 5G.

Write to Dominic Chopping at dominic.chopping@wsj.com

(END) Dow Jones Newswires

10-21-20 0311ET

Stocks mentioned in the article
ChangeLast1st jan.
ERICSSON AB -1.24% 103.65 Delayed Quote.28.68%
TELIA COMPANY AB -0.68% 36.7 Delayed Quote.-8.20%
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Financials
Sales 2020 230 B 26 702 M 26 702 M
Net income 2020 15 421 M 1 788 M 1 788 M
Net cash 2020 20 164 M 2 338 M 2 338 M
P/E ratio 2020 22,3x
Yield 2020 1,52%
Capitalization 346 B 40 033 M 40 152 M
EV / Sales 2020 1,42x
EV / Sales 2021 1,31x
Nbr of Employees 99 826
Free-Float 89,0%
Chart ERICSSON AB
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Ericsson AB Technical Analysis Chart | ERIC B | SE0000108656 | MarketScreener
Technical analysis trends ERICSSON AB
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Income Statement Evolution
Consensus
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Mean consensus OUTPERFORM
Number of Analysts 24
Average target price 117,52 SEK
Last Close Price 103,65 SEK
Spread / Highest target 35,5%
Spread / Average Target 13,4%
Spread / Lowest Target -9,31%
EPS Revisions
Managers
NameTitle
Erik Börje Ekholm President, Chief Executive Officer & Director
Ronnie Leten Chairman
Carl Mellander CFO, Senior VP & Head-Group Function Finance
Erik Ekudden Chief Technology Officer & Senior Vice President
Torbjörn Nyman Director
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