Telefonaktiebolaget LM Ericsson 2017 AR2
The report outlines Ericsson's focused business strategy implemented in 2017 to simplify the organization, restore profitability, and invest in technology leadership, particularly in 5G. During the year, the company initiated a major cost reduction program, resulting in significant restructuring charges and asset write-downs. Despite a challenging market, Ericsson made strong progress in its Networks segment, driven by the Ericsson Radio System portfolio, and concluded its strategic review of the Media business. The company also strengthened its sustainability and corporate responsibility commitments, including joining the Science Based Targets initiative.
Company: Telefonaktiebolaget LM Ericsson
Sector: Information Information Technology
Country: Sweden
Year: 2017
Type: AR2
Pages: 176
Telefonaktiebolaget LM Ericsson
Annual Report
The report outlines Ericsson's focused business strategy implemented in 2017 to simplify the organization, restore profitability, and invest in technology leadership, particularly in 5G. During the year, the company initiated a major cost reduction program, resulting in significant restructuring charges and asset write-downs. Despite a challenging market, Ericsson made strong progress in its Networks segment, driven by the Ericsson Radio System portfolio, and concluded its strategic review of the Media business. The company also strengthened its sustainability and corporate responsibility commitments, including joining the Science Based Targets initiative.
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Document Details
Report Year
2017
Reporting Period
Jan 1, 2017 - Dec 31, 2017
Fiscal Year
2017
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
Assurance
Assurance Provider
Assurance Standard
ESG Data?Experimental — AI-extracted data, may contain inaccuracies
Women on Board
Women in Management
Workplace Fatalities
Employees