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

ERICSSON AB

(ERIC B)
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Telefonaktiebolaget LM Ericsson publ : Invitation to media and analyst briefing for Ericsson Q2 2020 report

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07/09/2020 | 03:01am EDT

· Report to be released at approximately 7:00 AM CEST on July 17, 2020
· One conference call for analysts, investors and journalists at 9:00 AM CEST

Ericsson's (NASDAQ: ERIC) financial report for the second quarter 2020 will be published at approximately 7:00 AM CEST on July 17, 2020.

The company will issue a press release with the complete financial report attached, including tables, in PDF format.

Following publication of the press release, the financial report will be available on Ericsson's website: www.ericsson.com/en/investors/financial-reports/interim-reports  

Conference call for analysts, investors and journalists

President and CEO Börje Ekholm and CFO Carl Mellander will comment on the report and take questions. The conference call will begin at 9:00 AM CEST (8:00 AM BST London, 3:00 AM EDT New York).

To join the conference call, please phone one of the following numbers:

Sweden: +46 (0)8 566 426 51 (Toll-free Sweden: 0200 883 685)

International/UK: +44 (0)333 300 0804 (Toll-free UK: 0800 358 9473)

US: +1 631 913 1422 (Toll-free US: +1 855 85 70686)

PIN code: 72249899#

Please call in at least 15 minutes before the conference call starts.

A live audio webcast of the conference call will be available at www.ericsson.com/investors and https://www.ericsson.com/en/newsroom

A replay of the conference call will be available from about one hour after the conference call has ended until July 24, 2020.

Sweden replay number: +46 (0)8 519 993 85

International replay number: +44 (0)333 300 0819

US replay number: +1 (866) 931 1566

PIN code: 301328384#

NOTES TO EDITORS:

FOLLOW US:

Subscribe to Ericsson press releases here (https://www.ericsson.com/en/newsroom/latest-news/press-subscription).

Subscribe to the Ericsson Blog here (https://foryou.ericsson.com/blog-subscription-center.html).

www.twitter.com/ericsson
www.facebook.com/ericsson
www.linkedin.com/company/ericsson

MORE INFORMATION AT:
Ericsson Newsroom (https://www.ericsson.com/en/newsroom)

media.relations@ericsson.com
(+46 10 719 69 92)

investor.relations@ericsson.com
(+46 10 719 00 00)

About Ericsson
Ericsson enables communications service providers to capture the full value of connectivity. The company's portfolio spans Networks, Digital Services, Managed Services, and Emerging Business and is designed to help our customers go digital, increase efficiency and find new revenue streams. Ericsson's investments in innovation have delivered the benefits of telephony and mobile broadband to billions of people around the world. The Ericsson stock is listed on Nasdaq Stockholm and on Nasdaq New York. www.ericsson.com

https://news.cision.com/ericsson/r/invitation-to-media-and-analyst-briefing-for-ericsson-q2-2020-report,c3151345

https://mb.cision.com/Main/15448/3151345/1276952.pdf

(c) 2020 Cision. All rights reserved., source Press Releases - English

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Financials
Sales 2020 234 B 26 924 M 26 924 M
Net income 2020 14 407 M 1 660 M 1 660 M
Net cash 2020 16 190 M 1 865 M 1 865 M
P/E ratio 2020 24,2x
Yield 2020 1,49%
Capitalization 346 B 39 891 M 39 905 M
EV / Sales 2020 1,41x
EV / Sales 2021 1,32x
Nbr of Employees 99 800
Free-Float 89,0%
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Mean consensus OUTPERFORM
Number of Analysts 24
Average target price 107,29 SEK
Last Close Price 103,55 SEK
Spread / Highest target 20,7%
Spread / Average Target 3,62%
Spread / Lowest Target -16,9%
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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