Ericsson Reports Q4 and Full-Year 2024 Results
Ticker: ERIXF · Form: 6-K · Filed: Jan 24, 2025 · CIK: 717826
| Field | Detail |
|---|---|
| Company | Ericsson Lm Telephone Co (ERIXF) |
| Form Type | 6-K |
| Filed Date | Jan 24, 2025 |
| Risk Level | low |
| Pages | 16 |
| Reading Time | 19 min |
| Sentiment | neutral |
Sentiment: neutral
Topics: financial-report, foreign-issuer
TL;DR
Ericsson dropped its Q4 and FY24 report on Jan 24, 2025.
AI Summary
LM Ericsson Telephone Company announced its Fourth Quarter and Full-Year 2024 report on January 24, 2025. The filing is a Form 6-K, indicating it's a report from a foreign issuer.
Why It Matters
This filing provides investors with the latest financial performance data for Ericsson, a major player in the telecommunications industry.
Risk Assessment
Risk Level: low — This is a routine financial report filing and does not contain new material events or risks.
Key Players & Entities
- LM Ericsson Telephone Company (company) — Filer of the report
- Ericsson (company) — Commonly referred name of the filer
FAQ
What type of SEC filing is this?
This is a Form 6-K, which is a report of a foreign issuer pursuant to Rule 13a-16 or 15d-16 of the Securities Exchange Act of 1934.
Who is the filer of this report?
The filer is LM Ericsson Telephone Company.
What is the filing date of this report?
The report was filed on January 24, 2025.
What is the subject of the announcement made on January 24, 2025?
The announcement concerns the 'Fourth quarter and full-year report 2024'.
Where is LM Ericsson Telephone Company's principal executive office located?
The principal executive offices are located at Torshamnsgatan 21, Kista SE-164 83, Stockholm, Sweden.
Filing Stats: 4,709 words · 19 min read · ~16 pages · Grade level 5.8 · Accepted 2025-01-24 10:00:10
Filing Documents
- d852776d6k.htm (6-K) — 2217KB
- g852776g0124154150721.jpg (GRAPHIC) — 3KB
- 0001193125-25-011865.txt ( ) — 2222KB
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized. TELEFONAKTIEBOLAGET LM ERICSSON (publ) By: /s/ STELLA MEDLICOTT Stella Medlicott Senior Vice President, Chief Marketing and Communications Officer By: /s/ LARS SANDSTRÖM Lars Sandström Senior Vice President, Chief Financial Officer Date: January 24, 2025 Fourth quarter and full-year report 2024 Strategic highlights continuing to deliver on strategic and operational priorities Maintaining leadership in programmable networks, with new 5G Advanced software launched in October. Growing interest in network APIs, with financial fraud protection and Quality on Demand applications in focus. Further patent licensing agreement signed in Q4, with strong IPR revenue generation in 2024. Fourth quarter highlights growth in Networks sales, and strong gross margin expansion Sales increased by 2%* YoY, with 54%* growth in market area North America. Market area Europe and Latin America also grew, while the other market areas declined significantly. Reported sales were SEK 72.9 (71.9) b. Adjusted 1 gross income increased to SEK 33.7 (29.6) b. driven by strong expansion in Networks adjusted 1 gross margin to 49.1% (43.2%). Reported gross income was SEK 32.7 (28.6) b. Adjusted 1 gross margin was 46.3% (41.1%) driven by supply chain efficiency actions, commercial discipline and market mix. Reported gross margin was 44.9% (39.8%). Adjusted 1 EBITA was SEK 10.2 (8.2) b. with a 14.1% (11.4%) margin, benefiting from higher gross income and cost actions, partly offset by bonus accruals which were above target level. EBITA was SEK 8.6 (6.7) b. Net income was SEK 4.9 (3.4) b. EPS diluted was SEK 1.44 (1.02). Free cash flow before M&A was SEK 15.8 (12.5) b. supported by earnings growth and improved working capital. Full-year highlights strong growt