Financials ERICSSON Deutsche Boerse AG

Stocks

ERCB

SE0000108656

Communications & Networking

Real-time Estimate Tradegate Other stock markets 15:59:58 2026-07-06 EDT			5-day change	1st Jan Change
9.574 ^EUR	-0.66%		+0.46%	+15.61%

11:24am	European Equities Traded in the US as American Depositary Receipts Rise in Monday Trading	MT
10:03am	PriorNilsson Sverige Aktiv rose 2.66 percent in June, Alfa Laval, Atlas Copco and Novo Nordisk contributed positively	FW

Projected Income Statement: ERICSSON

Fiscal Period: December	2021	2022	2023	2024	2025	2026	2027	2028
Net sales ¹	232,314	271,546	263,351	247,880	236,681	227,416	231,439	236,126
Change	-	16.89%	-3.02%	-5.87%	-4.52%	-3.91%	1.77%	2.02%
EBITDA ¹	41,298	37,962	30,084	50,358	50,212	37,349	37,866	39,315
Change	-	-8.08%	-20.75%	67.39%	-0.29%	-25.62%	1.38%	3.83%
EBIT ¹	32,300	27,419	18,093	24,658	40,971	29,101	30,971	31,574
Change	-	-15.11%	-34.01%	36.28%	66.16%	-28.97%	6.43%	1.95%
Interest Paid ¹	-2,530	-2,411	-2,993	-1,724	-332	-537.9	-680.1	-452.2
Earnings before Tax (EBT) ¹	29,250	24,609	-23,319	2,589	38,302	24,056	28,042	30,041
Change	-	-15.87%	-194.76%	111.1%	1,379.41%	-37.19%	16.57%	7.13%
Net income ¹	23,000	18,724	-26,446	20	28,428	18,653	21,397	22,184
Change	-	-18.59%	-241.24%	100.08%	142,040%	-34.38%	14.71%	3.68%
Announcement Date	1/25/22	1/20/23	1/23/24	1/24/25	1/23/26	-	-	-

¹SEK in Million

Estimates

Fiscal Period: December	2021 Q2	2021 Q3	2021 Q4	2022 Q1	2022 Q2	2022 Q3	2022 Q4	2023 Q1	2023 Q2	2023 Q3	2023 Q4	2024 Q1	2024 Q2	2024 Q3	2024 Q4	2025 Q1	2025 Q2	2025 Q3	2025 Q4	2026 Q1	2026 Q2	2026 Q3	2026 Q4	2027 Q1	2027 Q2
Net sales ¹	54,941	56,263	71,332	55,061	62,465	68,040	85,980	62,553	64,444	64,473	71,881	53,325	59,848	61,794	72,913	55,025	56,132	56,239	69,285	49,332	54,038	55,504	68,070	51,308	56,019
Change	-	2.41%	26.78%	-22.81%	13.45%	8.92%	26.37%	-27.25%	3.02%	0.05%	11.49%	-25.81%	12.23%	3.25%	17.99%	-24.53%	2.01%	0.19%	23.2%	-28.8%	9.54%	2.71%	22.64%	-24.62%	9.18%
EBITDA ¹	7,924	11,225	14,876	6,931	9,581	9,834	11,616	7,118	5,634	6,881	10,451	6,712	6,124	9,619	12,597	8,962	9,224	17,583	14,443	7,198	7,571	9,098	12,849	7,428	-
Change	-	41.66%	32.53%	-53.41%	38.23%	2.64%	18.12%	-38.72%	-20.85%	22.13%	51.88%	-35.78%	-8.76%	57.07%	30.96%	-28.86%	2.92%	90.62%	-17.86%	-50.16%	5.18%	20.17%	41.23%	-42.19%	-
EBIT ¹	5,827	8,800	12,300	4,800	7,400	7,200	8,081	4,000	2,821	3,900	7,368	4,305	3,229	7,327	9,797	6,200	7,047	15,454	12,258	5,211	6,189	7,285	11,305	5,419	-
Change	-	51.02%	39.77%	-60.98%	54.17%	-2.7%	12.24%	-50.5%	-29.48%	38.25%	88.92%	-41.57%	-24.99%	126.91%	33.71%	-36.72%	13.66%	119.3%	-20.68%	-57.49%	18.77%	17.7%	55.19%	-52.07%	-
Charge d'intérêts ¹	-454	-598	-945	-643	-759	-535	-474	-917	-419	-719	-938	-471	-361	-501	-391	-74	34	-212	-80	-193	-140.2	-147.2	-150.8	-250	-60
Earnings before Tax (EBT) ¹	5,369	8,835	10,916	4,101	6,549	7,115	7,379	2,129	-731	-29,627	4,910	3,629	-13,880	5,273	7,567	5,857	6,425	14,939	11,081	1,250	5,952	7,004	10,578	5,837	6,414
Change	-	64.56%	23.55%	-62.43%	59.69%	8.64%	3.71%	-71.15%	-134.34%	-3,952.94%	116.57%	-26.09%	-482.47%	137.99%	43.5%	-22.6%	9.7%	132.51%	-25.83%	-88.72%	376.18%	17.66%	51.03%	-44.82%	9.89%
Net income ¹	3,679	5,800	10,100	2,940	4,504	5,214	6,066	1,516	-686	-30,670	3,394	2,613	-11,132	3,814	4,779	4,149	4,567	11,149	8,563	888	4,353	5,252	8,531	4,226	4,147
Change	-	57.65%	74.14%	-70.89%	53.2%	15.76%	16.34%	-75.01%	-145.25%	-4,370.85%	111.07%	-23.01%	-526.02%	134.26%	25.3%	-13.18%	10.07%	144.12%	-23.19%	-89.63%	390.25%	20.64%	62.43%	-50.46%	-1.87%
Announcement Date	7/16/21	10/19/21	1/25/22	4/14/22	7/14/22	10/20/22	1/20/23	4/18/23	7/14/23	10/11/23	1/23/24	4/16/24	7/12/24	10/14/24	1/24/25	4/15/25	7/15/25	10/14/25	1/23/26	4/17/26	-	-	-	-	-

¹SEK in Million

Estimates

Forecast Balance Sheet: ERICSSON

Fiscal Period: December	2021	2022	2023	2024	2025	2026	2027	2028
Net Debt ¹	-35,151	-14,155	2,099	-18,390	-23,938	-50,915	-59,007	-67,744
Change	-	59.73%	114.83%	-976.13%	-30.17%	-112.7%	-15.89%	-14.81%
Announcement Date	1/25/22	1/20/23	1/23/24	1/24/25	1/23/26	-	-	-

¹SEK in Million

Estimates

Cash Flow Forecast: ERICSSON

Fiscal Period: December	2021	2022	2023	2024	2025	2026	2027	2028
CAPEX ¹	3,548	4,228	3,297	2,340	2,630	3,194	3,260	3,502
Change	-	19.17%	-22.02%	-29.03%	12.39%	21.45%	2.07%	7.42%
Free Cash Flow (FCF) ¹	35,517	26,635	3,880	43,921	26,769	23,080	24,292	25,139
Change	-	-25.01%	-85.43%	1,031.98%	-39.05%	-13.78%	5.25%	3.49%
Announcement Date	1/25/22	1/20/23	1/23/24	1/24/25	1/23/26	-	-	-

¹SEK in Million

Estimates

Forecast Financial Ratios: ERICSSON

Fiscal Period: December	2021	2022	2023	2024	2025	2026	2027	2028
Profitability
EBITDA Margin (%)	17.78%	13.98%	11.42%	20.32%	21.22%	16.42%	16.36%	16.65%
EBIT Margin (%)	13.9%	10.1%	6.87%	9.95%	17.31%	12.8%	13.38%	13.37%
EBT Margin (%)	12.59%	9.06%	-8.85%	1.04%	16.18%	10.58%	12.12%	12.72%
Net margin (%)	9.9%	6.9%	-10.04%	0.01%	12.01%	8.2%	9.25%	9.4%
FCF margin (%)	15.29%	9.81%	1.47%	17.72%	11.31%	10.15%	10.5%	10.65%
FCF / Net Income (%)	154.42%	142.25%	-14.67%	219,605%	94.16%	123.73%	113.53%	113.32%
Profitability
ROA	7.86%	7.41%	-8.18%	0.01%	9.95%	7.2%	7.38%	7.96%
ROE	23.2%	15.37%	10.38%	3.07%	29.61%	19.21%	20.67%	21.17%
Financial Health
Leverage (Debt/EBITDA)	-	-	0.07x	-	-	-	-	-
Debt / Free cash flow	-	-	0.54x	-	-	-	-	-
Capital Intensity
CAPEX / Current Assets (%)	1.53%	1.56%	1.25%	0.94%	1.11%	1.4%	1.41%	1.48%
CAPEX / EBITDA (%)	8.59%	11.14%	10.96%	4.65%	5.24%	8.55%	8.61%	8.91%
CAPEX / FCF (%)	9.99%	15.87%	84.97%	5.33%	9.82%	13.84%	13.42%	13.93%
Items per share
Cash flow per share ¹	11.72	9.257	2.155	13.88	9.887	7.868	8.589	9.073
Change	-	-21.04%	-76.72%	544.19%	-28.79%	-20.43%	9.17%	5.63%
Dividend per Share ¹	2.5	2.5	2.7	2.85	3	3.1	3.242	3.405
Change	-	0%	8%	5.56%	5.26%	3.33%	4.59%	5.01%
Book Value Per Share ¹	32.64	40.44	29.25	28.3	32.86	33.31	35.59	38.25
Change	-	23.9%	-27.66%	-3.27%	16.14%	1.35%	6.86%	7.48%
EPS ¹	6.81	5.62	-7.94	0.01	8.51	5.427	6.456	6.869
Change	-	-17.47%	-241.28%	100.13%	85,000%	-36.23%	18.98%	6.38%
Nbr of stocks (in thousands)	3,329,738	3,330,142	3,330,142	3,332,672	3,333,287	3,323,585	3,323,585	3,323,585
Announcement Date	1/25/22	1/20/23	1/23/24	1/24/25	1/23/26	-	-	-