19 slides from Telefonaktiebolaget Lm Ericsson Class A's earnings presentation, Oct 17, 2023
Slide 1: Ericsson Third quarter 2023
Ericsson Third quarter 2023 October 17, 2023 © Telefonaktiebolaget LM Ericsson 2023 | Third quarter report 2023 | October 17, 2023
Slide 2: Third quarter 2023
Third quarter 2023 This presentation contains forward-looking statements. Such statements are based on our current expectations and are subject to risks and uncertainties that could materially affect our business and results. Please read our earnings reports and our most recent annual report for a b
Slide 3: Strategic overview
Strategic overview Börje Ekholm President and CEO © Telefonaktiebolaget LM Ericsson 2023 | Third quarter report 2023 | October 17, 2023
Slide 4: Q3 2023 – Key takeaways
Q3 2023 – Key takeaways Organic sales YoY: ●Q3 in line with guidance • Challenging environment and macroeconomic uncertainty -10% • Committed to long-term EBITA margin target but not giving Gross margin1: guidance beyond Q4, 2023 • Underlying drivers, including mobile data growth, points to 39.2% ma
Slide 5: Global Network Platform
Global Network Platform Börje Ekholm President and CEO © Telefonaktiebolaget LM Ericsson 2023 | Third quarter report 2023 | October 17, 2023
Slide 6: Our digital future
Our digital future A world where limitless connectivity improves lives, redefines business and pioneers a sustainable future Enterprise digitalization Advanced applications A sustainable world Improved lives © Telefonaktiebolaget LM Ericsson 2023 | Third quarter report 2023 | October 17, 2023
Slide 7: Establishing a platform for innovation
Establishing a platform for innovation Superior experience for consumers Reliable & easy to use solutions for businesses Real-time Remote Autonomous Digital Video Communication AR/XR … Collaboration … gaming health vehicles twins Device APIs Communication & Network APIs Cloud APIs Pre-packaged enter
Slide 8: 10X
10X © Telefonaktiebolaget LM Ericsson 2023 | Third quarter report 2023 | October 17, 2023
Slide 9: Communications and network APIs
Communications and network APIs Communications APIs Network APIs + Voice SMS Video Auth IP Chat QoS Silent Location Device More to Auth Data come … High speed Reliability Wireless edge Security Network & Low latency solutions slicing Worldwide 4G and 5G networks © Telefonaktiebolaget LM Ericsson 202
Slide 10: Communications and network APIs
Communications and network APIs Pivotal industry proof point and foundational to accelerate market adoption DT Digital X: Launch of co-branded Existing CPaaS and new Network APIs resell portal • DT co-branded CPaaS portal with “Powered by Vonage” brand attribution • CPaaS and Network APIs resell via
Slide 11: A flywheel to accelerate industry growth
A flywheel to accelerate industry growth Developers More join network Global APIs capabilities Service Differentiated Global innovation High-performing Network Platform More Enhanced networks users applications Increased network More CSP investments CSPs join revenue © Telefonaktiebolaget LM Ericsso
Slide 12: Financial overview
Financial overview Carl Mellander Chief Financial Officer © Telefonaktiebolaget LM Ericsson 2023 | Third quarter report 2023 | October 17, 2023
Slide 13: Financial update Q3 2023
Financial update Q3 2023 Financial Performance Excluding restructuring charges ● Organic and FX adjusted sales: -10% YoY SEK b. 23Q3 22Q3 YoY 23Q2 – Networks -16% decline partly offset with 5% growth in Cloud Net sales 64.5 68.0 -5% 64.4 Software and Services and 11% in Enterprise Organic and FX adj
Slide 14: Outlook
Outlook1 • Networks: Seasonality in sales between Q3 and Q4 will be somewhat less than normal. Sales • Cloud Software and Services: Seasonality in sales between Q3 and Q4 will be lower than normal. Gross margin • Networks: Gross margin2 in the range of 39-41% in Q4. Operating • Average seasonality b
Slide 15: Closing remarks
Closing remarks Börje Ekholm President and CEO © Telefonaktiebolaget LM Ericsson 2023 | Third quarter report 2023 | October 17, 2023
Slide 16: Summary
Summary ● Executing on strategy to put Ericsson on higher growth trajectory: – extending our leadership in mobile networks – growing our enterprise business – driving lasting cultural transformation ● Taking actions to strengthen Ericsson’s position to become more profitable and returning to cash fl
Slide 17: Q&A
Q&A © Telefonaktiebolaget LM Ericsson 2023 | Third quarter report 2023 | October 17, 2023
Slide 18: W
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Slide 19: Forward-looking statements
Forward-looking statements This report includes forward-looking statements. All statements other than statements of historical fact are forward-looking statements. The words “believe”, “expect”, “anticipate”, “intend”, “likely”, “may”, “could”, “plan”, “estimate”, “forecast”, “will”, “should”, “woul