NEWS IN ENGLISH | Ericsson reports fourth quarter and full year results 2013
Ericsson reports fourth quarter and full year results 2013
2014-02-03 12:41:00



Fourth quarter highlights

Sales of SEK 67.0 b., flat YoY.
Sales for comparable units and adjusted for FX, increased 4% YoY.
Operating income incl. JV of SEK 9.1 (-3.8) b. with operating margin of 13.5% (-5.7%), including a one-time charge of SEK -0.4 b. related to the acquisition of Airvana
Net income SEK 6.4 (-6.3) b.
Successfully closed an IPR cross license agreement with Samsung on FRAND terms. Impact on net sales of SEK 4.2 b., on operating income of SEK 4.2 b. and on net income of SEK 3.3 b. included in all numbers.
EPS diluted SEK 1.97 (-1.99). EPS Non-IFRS SEK 2.42 (-1.40).
Cash flow from operating activities of SEK 14.6 (15.7) b.
Segment Modems was consolidated as of October 1, 2013

Full year highlights

Sales of SEK 227.4 b., flat YoY.
Sales for comparable units and adjusted for FX, up 5% YoY.
Operating income incl. JV was SEK 17.8 (10.5) b. with an operating margin of 7.8% (4.6%).
Net income SEK 12.2 (5.9) b.
All numbers include effects of the IPR cross license agreement with Samsung with impact on net sales of SEK 4.2 b., on operating income of SEK 4.2 b. and on net income of SEK 3.3 b.
EPS diluted SEK 3.69 (1.78). EPS Non-IFRS SEK 5.62 (3.55).
Cash flow from operating activities of SEK 17.4 (22.0) b.
Proposed dividend for 2013 of SEK 3.00 (2.75) per share.

Source: ERICSSON