Ericsson is a leading provider of telecom network equipment
and related services. With its competitive product portfolio,
Ericsson is driving innovation within the next generation of
radio-based communication.
Seen over a longer period of time, Ericsson’s earnings growth
and total shareholder return have been weak. Operational
performance has, however, improved significantly in 2018
and 2019 as the company has been executing on its focused
strategy. In 2019, the company closed a long-standing
investigation by the US SEC and Department of Justice relating
to compliance with the US Foreign Corrupt Practices Act and
implemented significant reforms to strengthen its Ethics and
Compliance program.
Key for future value creation: Continued operational improvements and investments to stay at the forefront of telecom technology as well as sustained improvement in the company’s
ethics and compliance culture.