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:
AFK Sistema PAO
sales of 708.64 billion Russian Rubles [US$11.36 billion]
of which 61%
Telefonica Deutschland Holding Ag
(7.89 billion Euro [US$8.58 billion]
of which 87%
was Wireless business), and
Telia Company AB
(86.57 billion Swedish Kronor [US$9.71 billion]
of which 50%
was Operating Segment- Europe).
Ericsson reported sales of SEK 246.92 billion (US$27.68 billion)
December of 2015.
increase of 8.3%
versus 2014, when the company's sales were SEK 227.98 billion.
Sales of Support Solutions saw an increase
that was more than double the company's growth rate: sales were up
18.9% in 2015, from
SEK 12.66 billion to SEK 15.05 billion.
Not all segments of Ericsson experienced an increase in sales in 2015:
sales of Modems fell 26.9% to SEK 133.00 million.
(However, this segment's sales were only a very small portion of the company's overall sales).