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ERICSSON NIKOLA TESLA D.D.

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End-of-day quote Zagreb Stock Exchange  -  05-15
1840.00 HRK   -0.27%
04/28ERICSSON NIKOLA TESLA D D : Group - Q1 2022 business results
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04/28Ericsson Nikola Tesla d.d. Reports Earnings Results for the First Quarter Ended March 31, 2022
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04/28ERICSSON NIKOLA TESLA D.D. : 1st quarter results
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Ericsson Nikola Tesla d d : Croatia's Ericsson Nikola Tesla signs €4mn equipment deal with Bosnia's HT Mostar

10/22/2021 | 04:31am EDT

Croatian telecommunications equipment producer Ericsson Nikola Tesla (ENT) said on October 21 it has signed a deal worth HRK31mn (€4.12) with Bosnian telecoms operator HT Mostar on the upgrade and expansion of the LTE RAN network and the expansion of the transmission network and the software upgrade of its fixed-line communications.

“These contract strengthen additionally the cooperation between the companies and set infrastructure pre-conditions for implementation of the most modern technologies that would provide services with higher quality to end-users of HT Mostar,” Ericsson Nikola Tesla said in a press release filed on the website of the Zagreb Stock Exchange.

The new equipment would allow HT Mostar to expand the coverage and capacity of the 4G/4G+ networks.

Ericsson Nikola Tesla will increase the coverage and the capacity of the 4G/4G+ network, which would get the Bosnian company close to the implementation of a 5G network, Ericsson Nikola Tesla noted.

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Financials
Sales
Net income
Net Debt
P/E ratio
Yield
Capitalization 2 434 M 337 M 337 M
EV / Sales -1
EV / Sales 0
Nbr of Employees 3 471
Free-Float 50,5%
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Income Statement Evolution
Consensus
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Mean consensus HOLD
Number of Analysts 1
Last Close Price 1 840,00 HRK
Average target price 1 580,00 HRK
Spread / Average Target -14,1%
Managers and Directors
Gordana Kovacevic President & Chief Executive Officer
Damir Bušic Director-Commercial Management & Finance
Franck Pierre Roland Bouetard Chairman-Supervisory Board
Darko Huljenic Research Director
Branko Dronjic Director-Information Technology