The Swedish Defense Industry - Market Opportunities and Entry Strategies, Analyses and Forecasts to 2016
- Published: October 2011
- Region: Sweden
World-leading market share, efficiency, and margins in mobile networks. Solid position and margins in the expanding services segment. Robust cash flow generation from the core business. Strong balance sheet with large cash balances and well-spread debt maturities. Very strong competitive pressures. Volatile demand dependent on technological, economic, and regulatory factors. Still weak margins in semiconductors and handsets joint ventures. The ratings on Swedish telecommunications equipment supplier Ericsson (Telefonaktiebolaget L.M.) reflect Standard & Poor's Ratings Services' view of the company's strong position in mobile network technologies, industry-leading operating margins, wide geographic reach, strong liquidity, and moderate gross leverage. These positions are supported by Ericsson's strong technology development track record, backed by the industry's largest research and development (R&D) budget and Ericsson's...
Companies mentioned in this report are: Ericsson (Telefonaktiebolaget L.M.)
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Research Type: Full Analysis
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Ericsson (Telefonaktiebolaget L.M.)