Telefonaktiebolaget LM Ericsson operates in the Radiotelephone communications sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Ericsson with three other
telecommunications providers in Europe:
Telefonica Deutschland Holding Ag
sales of 7.50 billion Euro [US$8.39 billion]
of which 87%
was Wireless business),
AFK Sistema PAO
(697.71 billion Russian Rubles [US$12.38 billion]
of which 62%
was MTS), and
Telia Company AB
(84.18 billion Swedish Kronor [US$9.67 billion]
of which 49%
was Operating Segment- Europe).
Ericsson reported sales of SEK 222.61 billion (US$25.57 billion)
December of 2016.
decrease of 9.8%
versus 2015, when the company's sales were SEK 246.92 billion.
The sales level in 2016 was fairly close to the level five years ago: in 2011, Ericsson had sales
of SEK 226.92 billion.
Contributing to the drop in overall sales was the 16.6% decline
in Support Solutions, from SEK 15.05 billion to SEK 12.55 billion.
There were also decreases in sales in
Networks (down 12.4% to SEK 108.34 billion)
Global Services (down 5.8% to SEK 101.72 billion)