TeleGeography Logo

Ericsson results show positive growth

1 Feb 2006

Ericsson has announced a 52% jump in earnings for the fourth quarter of 2005 with net profit rising to SKR8.5 billion (USD1.18 billion) from SKR5.6 billion in the same period of 2004. Its full-year net profit was up 39% to SKR24.3 billion. The company stated that seasonal sales during the festive period and increasing interest in its managed services activity helped boost fourth quarter sales by 16% to SKR45.7 billion, and full-year sales by 15% to SKR151.8 billion. Sales in Latin America grew by 32% in 2005, with North America up 26%, Eastern Europe, Africa and the Middle East up 19%, Asia-Pacific up 10% and Western Europe up 5%. Ericsson said its recent acquisition of Marconi would have a neutral effect on earnings per share in 2006 and contribute positively to its earnings from 2007. Ericsson claims to have supplied 49 of the 91 W-CDMA networks that have been rolled out globally, and installed HSDPA capability for 21 networks in 17 countries.

Sweden, Ericsson

GlobalComms Database

Want more? Peruse the GlobalComms Database—the most complete source of intel about mobile, fixed broadband, and fixed voice markets.


TeleGeography is the definitive source for telecom news, numbers, and analysis. Explore the full research catalog.