Ericsson (ERIC) is introducing near-term capital allocation priorities

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Ericsson Capital Markets Day 2022

December 15, 2022 8:56 AM EST

Committed to reaching lower end of long-term target of 15-18% EBITA margin and generating Free Cash Flow before M&A of 9%-12% of sales by 2024  Acceleration of initiatives to reduce costs by SEK 9 b. (around USD 0.9 b) by end of 2023In addition to the recently signed agreement, IPR revenues expected to grow significantly from further licensing agreementsCommitted to executing on Enterprise strategy and transitioning into a platform company with significantly expanded total addressable marketSegment Networks expected to continue to grow market share and gross income by leveraging technology... More