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Ericsson announced the financial results of the 4 th quarter of 2009

Monday, January 25, 2010

At the press conference in Stockholm, President and CEO of Ericsson, Mr Hans Westberg announced financial results for the work results in the 4 th quarter of 2009, and summarized the activities for the year 2009.

Key financial indicators of the company are as follows:

* Sales in the 4 th quarter totaled 58.3 billion Swiss francs. crowns (67.0 billion Swiss francs. kronor in last year), -16% in comparable currencies
* Sales for 2009 totaled 206.5 billion Swiss francs. crowns (27.06 billion dollars. U.S.) (208.9 billion Swiss francs. kroons a year earlier),
* Operating profit excluding joint venture was in the 4 th quarter of 7.5 billion Swiss francs. kr. (9.0 billion Swiss francs. Kroons a year earlier), in 2009 24.6 billion Swiss francs. kroons (3.22 billion dollars. U.S.) (23.4 billion Swiss francs. kroons a year earlier).
* Operating profit expressed as a percentage excluding the joint venture in the 4 th quarter was 13% (13%), in 2009 12% (11%)
* Share of profit from the establishment of joint venture in the 4 th quarter was -0.4 billion Swiss francs. kroons (-0.6 million Swiss francs. kroons for the same period last year), in 2009 -6.1 million Swiss francs. kroons (-0.38 billion dollars. U.S.) (0.4 billion Swiss francs. kroons a year earlier)
* Profit after financial items amounted to 4 th quarter of 6.7 billion Swiss francs. kroons (9.5 billion Swiss francs. kronor in last year), in 2009 18.8 billion Swiss francs. kroons (2.46 billion dollars. U.S.) (24.8 billion Swiss francs. kroons a year earlier)
* Restructuring charges amounted to 4 th quarter of 4.3 billion Swedish kronor (2.3 billion Swedish kronor) for the entire 2009 11.3 billion Swiss francs. kroons (1.48 billion dollars. USA), (6.7 billion Swiss francs. kroons last year) except for the joint venture.
* Net income in the 4 th quarter was 0.7 billion kronor, compared with 4.1 billion kronor a year earlier. Net profit for 2009 amounted to 4.1 billion Swiss francs. kroons (0.54 billion dollars. U.S.) compared with 11.7 billion Swiss francs. kroons in 2008 year.
* Yield per share in the 4 th quarter was 0.10 Swiss francs. kroons (compared to 1.21 Swiss francs. kroons a year earlier) and 1.14 Swiss francs. kroons (3.52) for the entire year 2009.
* The indicator of cash flows for the 4 th quarter of 2009 amounted to 13.6 billion kronor, compared with 7.9 billion kronor in the same period last year, and 28.7 billion Swiss francs. kroons (3.76 billion dollars. U.S.) for 2009 (22.1 billion Swiss francs. kroons last year).

Total sales in the region of Central and Eastern Europe, Middle East and Africa (CEMA) decreased in the 4 th quarter to -21% year on year and by -4% for the full year 2009. This region was most influenced by the economic crisis, and restrictions on lending for some operators are still in force. Reducing sales to networks of second generation (2G) has not yet been offset by increased sales 3G/WCDMA. There is increased interest in managed services, in particular, Ericsson was selected as the supplier of the largest fixed operator in Romania, Romtelecom and operator of du in the UAE. It was also signed a framework agreement for the supply of radio access network equipment, as well as other hardware and services from MTN.



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