Ericsson Telefonab L M ser


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Updated 16:29:58
ISIN: SE0000108656
Change % -3.27% Stock price decreasing
Change -2.80 Stock price decreasing
Volume 16,249,200
High SEK 87.35
Low SEK 82.25
Open SEK 86.15
Prev close SEK 85.55
# of shares 3,043.30M
Market cap 251,833M SEK

Market closed
Ericsson Telefonab L M ser
Market is closed, opens at 08:00
Price development Latest 1 week 1 month 3 months 6 months 1 year
  82.75 -0.1% Stock price decreasing -9.2% Stock price decreasing -5.0% Stock price decreasing 2.2% Stock price increasing 3.8% Stock price increasing

Company profile

Ericsson is a leading provider of telecommunications networks, professional services and multimedia. Ericsson also produces handsets (Sony Ericsson) and chipsets through the joint ventures with Sony and ST-NXP. Ericsson operates in a highly competitive industry characterized by competition on price, service and rapid technological changes. On the demand side factors such as network operator’s consolidation and network sharing by several operators could result in investment delays and increased bargaining power to the operators; thus, further adding to the price pressure and competition. Future growth drivers are the demand for IP-based mobile broadband driven by increased data traffic, subscriber growth in emerging markets supported by cheaper handsets and services targeting customers’ operational efficiency.
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