Telefonaktiebolaget L M Ericsson (NAS:ERIC)
$ 5.68 0.02 (0.35%) Market Cap: 18.93 Bil Enterprise Value: 19.17 Bil PE Ratio: 0 PB Ratio: 1.90 GF Score: 77/100

Telefonaktiebolaget LM Ericsson Business Area Upate Call - Networks and Digital Services Transcript

Jun 09, 2020 / 02:30PM GMT
Release Date Price: $9.34 (-1.48%)
Peter Nyquist
Telefonaktiebolaget LM Ericsson - VP of IR

Thank you, operator, and welcome, everyone, to today's call. Since March we have conducted all our meetings and activities virtual, including all activities around the Q1 report. I would say all overall it has worked very well with more meetings as a result and, obviously, less traveling hours. However, a challenge has always been the technology not working as complete as you would expect.

And as the virtual road show and conferences will still in the coming months, there's room for improvement here. At the same time, we started our own virtual activities towards the financial community, which is something we are aiming to continue with during the third quarter.

Coming back to today's call, which is the last in a series of three calls where our business area heads present current topics, interesting news and developments. Earlier we had virtual meetings with Asa Tamsons, Head of Emerging Business and Others, Peter Laurin, Head of Managed Services. The format is very straight forward. First a presentation followed by Q&A.

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