FOURTH QUARTER REPORT

Save this PDF as:
 WORD  PNG  TXT  JPG

Size: px
Start display at page:

Download "FOURTH QUARTER REPORT 2008 1"

Transcription

1 FOURTH QUARTER REPORT 2008 Copyright Telefon AB LM Ericsson All rights reserved FOURTH QUARTER REPORT

2 FOURTH QUARTER REPORT HENRY STÉNSON Senior Vice President Communications Copyright Telefon AB LM Ericsson All rights reserved FOURTH QUARTER REPORT

3 FOURTH QUARTER REPORT 2008 This presentation contains forward looking statements. Such statements are based on our current expectations and are subject to certain risks and uncertainties that could negatively affect our business. Please read our earnings reports and our most recent annual report for a better understanding of these risks and uncertainties. Copyright Telefon AB LM Ericsson All rights reserved FOURTH QUARTER REPORT

4 FOURTH QUARTER REPORT CARL-HENRIC SVANBERG President and CEO 2008 Copyright Telefon AB LM Ericsson All rights reserved FOURTH QUARTER REPORT

5 Telecom in billion mobile subscriptions A significant milestone Mobile broadband breakthrough New set of smart phones and players HSPA PC modules new standard Accelerated focus on all-ip convergence Enables new services and reduces cost Financial crisis in focus Long-term positive fundamentals remains The mobile phone is the single most transformational tool for development in Africa J. Sachs, special advisor to UN Secretary General Copyright Telefon AB LM Ericsson All rights reserved FOURTH QUARTER REPORT

6 Ericsson in 2008 Sales of SEK (187.8) b, up 11% Operating income SEK 23.5 (23.5) b, excl Sony Ericsson Cash flow of SEK 24.0 (19.2) b, cash conversion 92% (66%) Net cash position SEK 34.7 (24.3) b Restructuring charges of SEK 6.7 b Board to propose dividend of SEK 1.85 per share Sony Ericsson significantly affected by economic slowdown Numbers exclude restructuring charges and Sony Ericsson Copyright Telefon AB LM Ericsson All rights reserved FOURTH QUARTER REPORT

7 The global economic slowdown Financially strong operators, loaded networks, growing traffic Effects on the mobile network market should not be that significant So far hardly any effects on mobile network investments Unreasonable that this will continue throughout 2009 Handset market clearly affected Replacements affected but not usage This slide contains forward looking statements Copyright Telefon AB LM Ericsson All rights reserved FOURTH QUARTER REPORT

8 Cost reductions 2008 completed Initial target of SEK 4.0 b, savings and charges Actual savings of SEK 6.5 b and charges of SEK 6.7 b Charges in Q4 of SEK 2.3 b Full savings effect from year-end 2008 Copyright Telefon AB LM Ericsson All rights reserved FOURTH QUARTER REPORT

9 Continued cost reductions in 2009 Further restructuring charges of SEK 6-7 b Targeting savings of SEK 10 b by second half /50 split of cost of sales and operating expenses Technology synergies and IP transformation Fewer software platforms and increased hardware reuse Strategy and capabilities to remain intact Consolidation of R&D sites, layoffs and fewer consultants Some 5,000 employees globally across all functions Of which some 1,000 employees in Sweden Copyright Telefon AB LM Ericsson All rights reserved FOURTH QUARTER REPORT

10 Q4 in summary Strong fourth quarter sales SEK 67.0 (54.5) b Positive exchange rate effect Strong ending of the year in all regions Operating income SEK 9.2 (7.6) b Contribution from Sony Ericsson SEK -0.6 (2.3) b Capital gain of SEK 0.8 b from divestment of Symbian shares Cash flow SEK 7.0 (12.0) b All numbers exclude restructing charges Copyright Telefon AB LM Ericsson All rights reserved FOURTH QUARTER REPORT

11 Regional Q4 comments Western Europe sales 5% YoY, -2% FY SEK m Growing demand for mobile broadband Services close to 50% of sales focus on managed services Strong performance in Germany, Denmark and Italy Positive currency impact Copyright Telefon AB LM Ericsson All rights reserved FOURTH QUARTER REPORT

12 Regional Q4 comments Central Europe, Middle East, Africa sales 24% YoY, 9% FY SEK m High business activities has translated into sales growth Strong performance in Nigeria, Saudi Arabia, South Africa, Russia 2G as well as 3G rollouts and expansions Copyright Telefon AB LM Ericsson All rights reserved FOURTH QUARTER REPORT

13 Regional Q4 comments Asia Pacific sales 49% YoY, 16% FY SEK m India Ericsson s largest and fastest growing market Japan and Indonesia strong, fifth and sixth largest markets 3G licenses issued in China rollout to start soon Copyright Telefon AB LM Ericsson All rights reserved FOURTH QUARTER REPORT

14 Regional Q4 comments Latin America sales 16% YoY, 25% FY SEK m A good year with 3G as well as 2G expansions Mexico and Brazil strong development no financial effects yet 3G now established across region Copyright Telefon AB LM Ericsson All rights reserved FOURTH QUARTER REPORT

15 Regional Q4 comments North America sales 13% YoY, 34% FY SEK m Consumer breakthrough for mobile broadband Continued HSPA rollouts and expansions Positive currency effects Copyright Telefon AB LM Ericsson All rights reserved FOURTH QUARTER REPORT

16 FOURTH QUARTER REPORT 2008 HANS VESTBERG Executive Vice President and CFO Copyright Telefon AB LM Ericsson All rights reserved FOURTH QUARTER REPORT

17 Q4 financial highlights 1) Fourth quarter Third quarter Full year SEK b ) 2007 % ) % ) 2007 % Net sales % % % Gross margin 35.2% 36.1% % % 39.3% - Operating income % % % Operating margin 13.7% 14.0% % % 16.3% - Operating margin ex Sony Ericsson 14.6% 9.8% % % 12.5% - Net sales up 11% year-over-year, limited currency impact Slight gross margin decline due to high completion of large buildouts Opex cost reductions offset by negative currency effects YoY 1) Excluding restructuring charges of SEK 3.0 b. Q4 2008, SEK 2.0 b. Q3, SEK 1.8 b. Q2 and SEK 0.8 b. Q1 Copyright Telefon AB LM Ericsson All rights reserved FOURTH QUARTER REPORT

18 Q4 financial highlights Fourth quarter Third quarter Full year SEK b % 2008 % % Income after financial items 9.5 1) % 6.2 1) 54% ) % Net income 3) 3.9 2) % 2.8 2) 37% ) % EPS, SEK 3) ) % ) 36% ) % Cash flow from operating activities Continued positive cash flow development, SEK 24.0 (19.2) b YTD Cash conversion of 92% (66%) YTD Net income SEK 3.9 b - Restructuring charges of SEK 6.7 b - Negative contribution from Sony Ericsson SEK -1.3 (2.3) b 1) Excluding restructuring charges of SEK 3.0 b. Q4 2008, SEK 2.0 b. Q3, SEK 1.8 b. Q2 and SEK 0.8 b. Q1 2) Including restructuring charges 3) Attributable to stockholders of the Parent Company, excluding minority interest Copyright Telefon AB LM Ericsson All rights reserved FOURTH QUARTER REPORT

19 Change in net cash 2008 SEK b. Dividend -8.0 b Change in net cash 10.4 b Copyright Telefon AB LM Ericsson All rights reserved FOURTH QUARTER REPORT

20 Long-term debt maturity profile Q SEK b. Back-up facility of USD 2 b (SEK ~15 b) available if needed Copyright Telefon AB LM Ericsson All rights reserved FOURTH QUARTER REPORT

21 Networks Fourth quarter Third quarter Full year SEK b ) 2007 % ) % ) 2007 % Net sales % % % Of which network rollout % % % EBITDA margin 17% 15% - 15% - 16% 19% - Operating margin 14% 10% - 11% - 11% 13% - Strong ending of the year continued market share gains Record deliveries for GSM 3G licenses in China and India Encouraging firsts in IP broadband portfolio Clear leadership in softswitch and blade cluster 1) Excluding effects from restructuring. Copyright Telefon AB LM Ericsson All rights reserved FOURTH QUARTER REPORT

22 Multimedia Fourth quarter Third quarter Full year SEK b ) 2007 % ) % ) 4) 2007 % Net sales % % % EBITDA margin 21% -3% - 12% 2) - 11% 4% - Operating margin 12% 3) -9% - 3% - 1% -1% - 21% growth year-over-year for comparable units in Q4 Economic slowdown impacting mobile platforms Good growth in Tandberg Television and revenue management Capital gain of SEK 0.8 b from sale of Symbian shares 1) Excluding effects from restructuring. 2)Affected by SEK 0.2 b due to changed allocation of capitalized development expenses in Q2 3) Including effects of divestment of shares in Symbian of SEK 0.8 b. 4) First quarter 2008 is restated for the transfer of the IPX operation from Professional Services to Multimedia Copyright Telefon AB LM Ericsson All rights reserved FOURTH QUARTER REPORT

23 Professional Services Fourth quarter Third quarter Full year SEK b ) 2007 % ) % ) 2) 2007 % Net sales % % % Of which managed services % % % EBITDA margin 19% 16 % - 19 % - 17 % 16 % - Operating margin 18 % 15 % - 16 % - 16 % 15 % - Strong growth across portfolio 11 new managed services contracts world leading position 250 m subscribers in managed operations - 60% in high-growth markets Healthy margins with positive effects from cost efficiency activities Leveraging scale in managed operations 1) Excluding effects from restructuring. 2) First quarter 2008 is restated for the transfer of the IPX operation from Professional Services to Multimedia. Copyright Telefon AB LM Ericsson All rights reserved FOURTH QUARTER REPORT

24 Sony Ericsson Q4 Global economic slowdown leads to contracting consumer demand Sales of EUR 2,914 (3,771) m, down 23% year-over-year Income before taxes of EUR -133 (501) m Announced EUR 300 m opex reductions increased to EUR 480 m Successful rollout of Xperia, Cybershot C905 phones and PlayNow W595 W902 W302 G705 C905 F305 S302 X1 W705 Copyright Telefon AB LM Ericsson All rights reserved FOURTH QUARTER REPORT

25 Management focus for 2009 Stay close to customers Prepare cost for tougher times Focus on margins and cash generation Tight operational governance Take advantage of opportunities to extend leadership Copyright Telefon AB LM Ericsson All rights reserved FOURTH QUARTER REPORT

26 FOURTH QUARTER REPORT 2008 Q & A Copyright Telefon AB LM Ericsson All rights reserved FOURTH QUARTER REPORT

27 Copyright Copyright Telefon Telefon AB AB LM LM Ericsson Ericsson All All rights rights reserved reserved FOURTH THIRD QUARTER REPORT

THIRD QUARTER REPORT 2008

THIRD QUARTER REPORT 2008 THIRD QUARTER REPORT 2008 This presentation contains forward looking statements. Such statements are based on our current expectations and are subject to certain risks and uncertainties that could negatively

More information

FIRST QUARTER REPORT 2008-04-25

FIRST QUARTER REPORT 2008-04-25 FIRST QUARTER REPORT This presentation contains forward looking statements. Such statements are based on our current expectations and are subject to certain risks and uncertainties that could negatively

More information

FOURTH QUARTER REPORT 2007

FOURTH QUARTER REPORT 2007 FOURTH QUARTER REPORT 2007 This presentation contains forward looking statements. Such statements are based on our current expectations and are subject to certain risks and uncertainties that could negatively

More information

Fourth. Quarter Report. Full year

Fourth. Quarter Report. Full year Fourth Quarter Report 2006 Full year Safe Harbor Statement This presentation contains forward looking statements. Such statements are based on our current expectations and are subject to certain risks

More information

Ericsson 2004. Fall Capital Markets Day,San Diego November 11 2004

Ericsson 2004. Fall Capital Markets Day,San Diego November 11 2004 Ericsson 2004 Fall Capital Markets Day,San Diego November 11 2004 Fall Capital Markets Day,San Diego November 11 2004 CARL-HENRIC SVANBERG President and CEO Ericsson 2004 Safe Harbor Statement The presentations

More information

C.M.D.N.Y. Capital Markets Day New York

C.M.D.N.Y. Capital Markets Day New York C.M.D.N.Y. Capital Markets Day New York Embassy Suites Hotel 102 North End Avenue, NY May - 10-11 2006 C.M.D.N.Y. Capital Markets Day New York May 10, 2006 Carl-Henric Svanberg President and Chief Executive

More information

Services Briefing 3 November, 2009 London. Copyright Telefon AB LM Ericsson 2009. All rights reserved 2009-11-3

Services Briefing 3 November, 2009 London. Copyright Telefon AB LM Ericsson 2009. All rights reserved 2009-11-3 Services Briefing 3 November, 2009 London This presentation may contain forward looking statements. Such statements are based on our current expectations and are subject to certain risks and uncertainties

More information

Summit Delhi. 20 - Sep - 2004. Copyright Telefon AB LM Ericsson 2004. All rights reserved

Summit Delhi. 20 - Sep - 2004. Copyright Telefon AB LM Ericsson 2004. All rights reserved Summit Delhi 20 - Sep - 2004 Carl-Henric Svanberg President and CEO Safe Harbor Statement The presentations contains forward looking statements. These statements are based on our current expectations and

More information

Ericsson reports good development in profitability, orders and sales

Ericsson reports good development in profitability, orders and sales First quarter report April 23, Ericsson reports good development in profitability, orders and sales First quarter summary Net sales SEK 28.1 (25.9) b., up 9% year-over-year Gross margin 44.7% (34.1%) 1)

More information

January 19, 2012 Sony Corporation

January 19, 2012 Sony Corporation January 19, 2012 Sony Corporation Sony Ericsson Reports Fourth Quarter and Full Year 2011 Results and U.S. GAAP Equity Method Results for Sony s Investment in Sony Ericsson Are Expected to Include Valuation

More information

Sony to Acquire Ericsson s share of Sony Ericsson

Sony to Acquire Ericsson s share of Sony Ericsson [Note for readers: The text below is an English translation of a document required to be filed with the Tokyo Stock Exchange in connection with the press release filed by Sony Corporation on October 27,

More information

Financial Information

Financial Information Financial Information Solid results with in all key financial metrics of 23.6 bn, up 0.4% like-for like Adjusted EBITA margin up 0.3 pt on organic basis Net profit up +4% to 1.9 bn Record Free Cash Flow

More information

Ericsson s briefing at CTIA

Ericsson s briefing at CTIA Ericsson s briefing at CTIA CTIA Wireless, Orlando, FLA March 27, 2007 Pia Gideon Head of Marketing and Communications North America Safe Harbor Statement This presentation contains forward looking statements.

More information

Indicate by check mark if the registrant is a well-seasoned issuer, as defined in Rule 405 of the Securities Act. Yes P No

Indicate by check mark if the registrant is a well-seasoned issuer, as defined in Rule 405 of the Securities Act. Yes P No UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 20-F c Registration statement pursuant to Section 12(b) or 12(g) of the Securities Exchange Act of 1934 or R Annual report pursuant

More information

Conference Call Fourth Quarter 2003 Financial Results. Jorma Ollila Chairman and CEO

Conference Call Fourth Quarter 2003 Financial Results. Jorma Ollila Chairman and CEO Conference Call Fourth Quarter 2003 Financial Results Jorma Ollila Chairman and CEO Rick Simonson Senior Vice President and CFO Ulla James Vice President, Investor Relations January 22, 2004 15.00 Helsinki

More information

Telenor Group Third Quarter 2014. Jon Fredrik Baksaas, CEO

Telenor Group Third Quarter 2014. Jon Fredrik Baksaas, CEO Telenor Group Third Quarter 2014 Jon Fredrik Baksaas, CEO Disclaimer The following presentation is being made only to, and is only directed at, persons to whom such presentation may lawfully be communicated

More information

Year-end Report January-December 2015

Year-end Report January-December 2015 Year-end Report January-December 20 Johan Dennelind, President & CEO Q4 20 high pace towards the new TeliaSonera Started to reduce presence in region Eurasia Continued business transformation Solid development

More information

Disclaimer. Telenor First Quarter 2010

Disclaimer. Telenor First Quarter 2010 Telenor First Quarter 2010 Jon Fredrik Baksaas, President and CEO Disclaimer The following presentation is being made only to, and is only directed at, persons to whom such presentation may lawfully be

More information

Conference Call Third Quarter 2003 Financial Results. Jorma Ollila Chairman and CEO

Conference Call Third Quarter 2003 Financial Results. Jorma Ollila Chairman and CEO Conference Call Third Quarter 2003 Financial Results Jorma Ollila Chairman and CEO Olli-Pekka Kallasvuo Executive Vice President and CFO Ulla James Vice President, Investor Relations October 16, 2003 15.00

More information

*See note 4 to our Summary Financial Information table below concerning our current operational and reporting structure

*See note 4 to our Summary Financial Information table below concerning our current operational and reporting structure INTERIM REPORT 1(39) Nokia Corporation Interim Report for Q1 2014 FINANCIAL AND OPERATING HIGHLIGHTS First quarter 2014 highlights for continuing operations*: Nokia s non-ifrs diluted EPS in Q1 2014 of

More information

TELENOR GROUP SECOND QUARTER Sigve Brekke, CEO

TELENOR GROUP SECOND QUARTER Sigve Brekke, CEO TELENOR GROUP SECOND QUARTER Sigve Brekke, CEO DISCLAIMER The following presentation is being made only to, and is only directed at, persons to whom such presentation may lawfully be communicated ( relevant

More information

Fourth quarter and full-year report 2015

Fourth quarter and full-year report 2015 Fourth quarter and full-year report Stockholm, January 27, 2016 FOURTH QUARTER HIGHLIGHTS Read more (page) > > Reported sales increased by 8% YoY. Sales, adjusted for comparable units and currency, decreased

More information

Telenor Group Fourth Quarter 2015. Sigve Brekke, CEO

Telenor Group Fourth Quarter 2015. Sigve Brekke, CEO Telenor Group Fourth Quarter 2015 Sigve Brekke, CEO Disclaimer The following presentation is being made only to, and is only directed at, persons to whom such presentation may lawfully be communicated

More information

PRESENTATION OF FINANCIAL RESULTS Q2 2013 19 July 2013

PRESENTATION OF FINANCIAL RESULTS Q2 2013 19 July 2013 PRESENTATION OF FINANCIAL RESULTS Q2 2013 19 July 2013 HIGHLIGHTS SECOND QUARTER 2013 FOCUS ON THE DIGITAL CONSUMER Net Asset Value SEK 55.5bn online now 30% Option to acquire 3.5% of Zalando exercised

More information

3GSM. CARL-HENRIC SVANBERG President and CEO

3GSM. CARL-HENRIC SVANBERG President and CEO 3GSM 2004 3GSM CARL-HENRIC SVANBERG President and CEO 2004 Mobile communications - a growth industry Largest subscriber growth ever 300 million net subscriber additions 27% world penetration 3G breakthrough

More information

Telenor Group Second Quarter 2013

Telenor Group Second Quarter 2013 Telenor Group Second Quarter 2013 Jon Fredrik Baksaas, CEO Disclaimer The following presentation is being made only to, and is only directed at, persons to whom such presentation may lawfully be communicated

More information

PRESENTATION OF THE FOURTH QUARTER AND PRELIMINARY FULL YEAR RESULTS Acting CEO and CFO Roar Østbø

PRESENTATION OF THE FOURTH QUARTER AND PRELIMINARY FULL YEAR RESULTS Acting CEO and CFO Roar Østbø PRESENTATION OF THE FOURTH QUARTER AND PRELIMINARY FULL YEAR RESULTS 2015 Acting CEO and CFO Roar Østbø Q4 2015 / 2015 OPERATIONAL HIGHLIGHTS Q4 Revenues NOK 211 million, down 18 % QoQ EBITDA NOK -71 million,

More information

Reed Elsevier Results 2013 Erik Engstrom, CEO Duncan Palmer, CFO

Reed Elsevier Results 2013 Erik Engstrom, CEO Duncan Palmer, CFO Reed Elsevier Results Erik Engstrom, CEO Duncan Palmer, CFO FORWARD-LOOKING STATEMENTS This presentation contains forward-looking statements within the meaning of Section 27A of the US Securities Act of

More information

2016 Q1 results. Mauricio Ramos, CEO Tim Pennington, CFO 26 th April 2016

2016 Q1 results. Mauricio Ramos, CEO Tim Pennington, CFO 26 th April 2016 2016 Q1 results Mauricio Ramos, CEO Tim Pennington, CFO 26 th April 2016 Disclaimer This presentation may contain certain forward-looking statements with respect to Millicom s expectations and plans, strategy,

More information

Elekta Full-year report 2014/15

Elekta Full-year report 2014/15 Elekta Full-year report 2014/15 Tomas Puusepp President and CEO Håkan Bergström Chief Financial Officer 1 Performance Results significantly below expectations and guidance Action program initiated to return

More information

Fiskars Group Q4 and FY 2015. 1.1. 31.12.2015 Helsinki, February 9, 2016

Fiskars Group Q4 and FY 2015. 1.1. 31.12.2015 Helsinki, February 9, 2016 Fiskars Group and FY 1.1. 31.12. Helsinki, February 9, 216 Fiskars : Net Sales MEUR 332.8 +63% Comparable net sales (+2.9%) EBIT excl. NRI MEUR 16.8 +57% Cash flow from operating activities MEUR 61.5 +28%

More information

3 rd Quarter 2014 Earnings Conference Call Transcript

3 rd Quarter 2014 Earnings Conference Call Transcript 3 rd Quarter 2014 Earnings Conference Call Transcript Overview*: BDC reported 3Q14 consolidated revenues of $613.1M, income from continuing operations of $50.4M and diluted EPS from continuing operations

More information

Q4 Report 2015 Johan Molin President and CEO

Q4 Report 2015 Johan Molin President and CEO ASSA ABLOY is the global leader in door opening solutions, dedicated to satisfying end-user needs for security, safety and convenience Q4 Report 2015 Johan Molin President and CEO Financial highlights

More information

Volvo Group FIRST QUARTER 2015 JAN GURANDER. Volvo Group Headquarters First quarter 2015 1

Volvo Group FIRST QUARTER 2015 JAN GURANDER. Volvo Group Headquarters First quarter 2015 1 Volvo Group FIRST QUARTER 2015 JAN GURANDER 1 VOLVO GROUP First quarter summary IMPROVED MARGIN DESPITE NEGATIVE MARKET MIX FOR TRUCKS AND VOLVO CE VOLVO CE MARKET HEADWINDS CONTINUE, VOLUMES -33% OPERATING

More information

Announcement of Completion of Heraeus Holding GmbH s Dental Materials Business Share Purchase

Announcement of Completion of Heraeus Holding GmbH s Dental Materials Business Share Purchase July 1, 2013 Mitsui Chemicals, Inc. Announcement of Completion of Heraeus Holding GmbH s Dental Materials Business Share Purchase Mitsui Chemicals, Inc. (Toshikazu Tanaka, President & CEO) announced in

More information

Jan Frykhammar. CFO and Executive vice president

Jan Frykhammar. CFO and Executive vice president Jan Frykhammar CFO and Executive vice president financial performance YTD REVENUE GROWTH PROFITABILITY CAPITAL EFFICIENCY 25%* 117% 112% 11% 16% 11% 9% 12% 10% 66% 92% 89% 3Q Acc 4% 16% 25% 2007 2008-1%

More information

Applus+ Group Results Presentation Third Quarter 2014 November 3rd 2014

Applus+ Group Results Presentation Third Quarter 2014 November 3rd 2014 Applus+ Group Results Presentation Third Quarter 2014 November 3rd 2014 DISCLAIMER This document may contain statements that constitute forward looking statements about Applus Services, SA ( Applus+ or

More information

P R E S S R E L E A S E

P R E S S R E L E A S E P R E S S R E L E A S E from ASSA ABLOY AB (publ) February 7, 2001 no. 3/01 YEAR-END REPORT 2000 Sales increased by 40% to SEK 14,394 M (10,277) Income before tax increased by 43% to SEK 1,402 M (981)

More information

SYMANTEC CORPORATION 4Q13 and FY13 RESULTS PREPARED REMARKS

SYMANTEC CORPORATION 4Q13 and FY13 RESULTS PREPARED REMARKS Introduction Helyn Corcos, Vice President Investor Relations Good afternoon and thank you for joining our call to discuss our fourth quarter and fiscal year 2013 results. With me today are Steve Bennett,

More information

Ericsson fourth quarter and full year report 2013

Ericsson fourth quarter and full year report 2013 ERICSSON fourth QUARTER REPORT Ericsson fourth quarter and full year report JANUARY 30, 2014 FOURTH QUARTER HIGHLIGHTS Sales of SEK 67.0 b., flat YoY. Sales for comparable units and adjusted for FX, increased

More information

Telenor Group Third Quarter 2015. Sigve Brekke, CEO

Telenor Group Third Quarter 2015. Sigve Brekke, CEO Telenor Group Third Quarter 2015 Sigve Brekke, CEO Disclaimer The following presentation is being made only to, and is only directed at, persons to whom such presentation may lawfully be communicated (

More information

Statement by Kasper Rorsted Chairman of the Management Board Conference-Call November 11, 2015, 10.30 a.m.

Statement by Kasper Rorsted Chairman of the Management Board Conference-Call November 11, 2015, 10.30 a.m. Statement by Kasper Rorsted Chairman of the Management Board Conference-Call November 11, 2015, 10.30 a.m. Welcome to our conference call today. As you will have seen, this morning we sent out our news

More information

Earnings Release Q3 FY 2015 April 1 to June 30, 2015

Earnings Release Q3 FY 2015 April 1 to June 30, 2015 Munich, Germany, July 30, 2015 Earnings Release FY 2015 April 1 to June 30, 2015 Solid performance, softening market environment»overall our businesses delivered solid underlying profitability despite

More information

Volvo Group. Fourth quarter 2014 OLOF PERSSON, CEO. Volvo Group Headquarters

Volvo Group. Fourth quarter 2014 OLOF PERSSON, CEO. Volvo Group Headquarters Volvo Group OLOF PERSSON, CEO VOLVO GROUP Fourth quarter summary POSITIVE FACTORS Trucks - Improved underlying profitability on lower volumes Restructuring on plan traction in cost savings Good cash flow

More information

ERICSSON FIRST QUARTER REPORT 2013

ERICSSON FIRST QUARTER REPORT 2013 ERICSSON FIRST QUARTER REPORT Ericsson first quarter report APRIL 24, FIRST QUARTER HIGHLIGHTS Sales in the quarter were SEK 52.0 b. For comparable units and adjusted for FX and hedging, sales increased

More information

Ludwigshafen, February 25, 2014

Ludwigshafen, February 25, 2014 Ludwigshafen, February 25, 2014 Analyst Conference FY2013 Cautionary note regarding forward-looking statements This presentation may contain forward-looking statements that are subject to risks and uncertainties,

More information

DISCOVER ASCOM S EXCITING BUSINESS FRITZ MUMENTHALER, CEO

DISCOVER ASCOM S EXCITING BUSINESS FRITZ MUMENTHALER, CEO DISCOVER ASCOM S EXCITING BUSINESS FRITZ MUMENTHALER, CEO ABOUT ASCOM OUR STRATEGY ATTRACTIVE GROWTH OPPORTUNITIES AN APPEALING INVESTMENT CASE ASCOM THE ELEVATOR PITCH Two independent ICT businesses,

More information

TeliaSonera Interim Report January September 2015

TeliaSonera Interim Report January September 2015 January September January September Solid core business THIRD QUARTER SUMMARY Net sales increased 6.3 percent to SEK 27,029 million (25,417). Net sales in local currencies, excluding acquisitions and disposals,

More information

Fiscal Year 2015 Third Quarter Conference Call

Fiscal Year 2015 Third Quarter Conference Call Fiscal Year 2015 Third Quarter Conference Call July 29, 2015 Copyright 2015 Rockwell Automation, Inc. All Rights Reserved. 2 Safe Harbor Statement This presentation includes statements related to the expected

More information

Telio Holding ASA First Quarter Eirik Lunde, CEO. Oslo, 26 April 2012

Telio Holding ASA First Quarter Eirik Lunde, CEO. Oslo, 26 April 2012 Telio Holding ASA First Quarter 2012 Eirik Lunde, CEO Oslo, 26 April 2012 Telio Group company facts Operator European communications service provider Access independent broadband telephony Broadband Mobile

More information

Telio Holding ASA Fourth Quarter Eirik Lunde, CEO. Oslo, 12 February 2013

Telio Holding ASA Fourth Quarter Eirik Lunde, CEO. Oslo, 12 February 2013 Telio Holding ASA Fourth Quarter 20 Eirik Lunde, CEO Oslo, February 2013 Telio Group company facts TELIO European communications service provider Access independent broadband telephony Broadband Mobile

More information

2015 Growth in data center employment continues but the workforce is changing

2015 Growth in data center employment continues but the workforce is changing Published in Conjunction with MARKET BRIEFING GLOBAL DATA CENTER EMPLOYMENT 2015 2015 Growth in data center employment continues but the workforce is changing Globally, the number of people working in

More information

Press Release. FY 2012/13 Alstom achieves a solid commercial and operational performance and free cash flow turns positive

Press Release. FY 2012/13 Alstom achieves a solid commercial and operational performance and free cash flow turns positive Press Release 7 May 2013 FY 2012/13 Alstom achieves a solid commercial and operational performance and free cash flow turns positive Between 1 April 2012 and 31 March 2013, Alstom booked 23.8 billion of

More information

4 TH. 4 th Quarter Earnings Conference Call. AT&T Investor Update. January 26, 2016

4 TH. 4 th Quarter Earnings Conference Call. AT&T Investor Update. January 26, 2016 4 th Quarter Earnings Conference Call AT&T Investor Update January 26, 2016 4 TH 1 AT&T Proprietary (Internal Use Only) Not for use or disclosure outside the AT&T companies except under written agreement.

More information

July 29, 2008 at 9.00am. (Unaudited figures. Unless otherwise stated comparisons are made to the same period one year ago. The currency is euro.

July 29, 2008 at 9.00am. (Unaudited figures. Unless otherwise stated comparisons are made to the same period one year ago. The currency is euro. F-SECURE CORPORATION Stock Exchange Release July 29, 2008 at 9.00am F-Secure Group January 1 - June 30, 2008 Financial Results Solid overall growth, good profitability (Unaudited figures. Unless otherwise

More information

KONE s interim report for January March 2016 APRIL 21, 2016 HENRIK EHRNROOTH, PRESIDENT & CEO

KONE s interim report for January March 2016 APRIL 21, 2016 HENRIK EHRNROOTH, PRESIDENT & CEO KONE s interim report for January March 2016 APRIL 21, 2016 HENRIK EHRNROOTH, PRESIDENT & CEO Figures for January March 2016 Q1 2016 Key figures STRONG OPERATING PERFORMANCE; ORDERS DECLINED FROM A HIGH

More information

FUCHS PETROLUB SE The leading independent lubricants manufacturer of the world

FUCHS PETROLUB SE The leading independent lubricants manufacturer of the world FUCHS PETROLUB SE The leading independent lubricants manufacturer of the world Dr. Alexander Selent, Vice Chairman & CFO Dagmar Steinert, Head of Investor Relations January 2014 The leading independent

More information

Broad-based profit rise due to expansion and internal growth.

Broad-based profit rise due to expansion and internal growth. Corporate Communications Holcim Ltd Zürcherstrasse 156 CH-8645 Jona/Schweiz Tel. +41 58 858 87 10 Fax +41 58 858 87 19 Media release Broad-based profit rise due to expansion and internal growth. Higher

More information

J.P. MORGAN HIGH YIELD & LEVERAGED FINANCE CONFERENCE FEBRUARY 24, 2015

J.P. MORGAN HIGH YIELD & LEVERAGED FINANCE CONFERENCE FEBRUARY 24, 2015 J.P. MORGAN HIGH YIELD & LEVERAGED FINANCE CONFERENCE FEBRUARY 24, 2015 DISCLAIMER This presentation contains, in addition to historical information, certain forward-looking statements within the meaning

More information

THE UK FILM MARKET AS A WHOLE. BFI Research and Statistics PUBLISHED DECEMBER Image: The Lady in the Van courtesy of Sony Pictures

THE UK FILM MARKET AS A WHOLE. BFI Research and Statistics PUBLISHED DECEMBER Image: The Lady in the Van courtesy of Sony Pictures THE UK FILM MARKET AS A WHOLE BFI Research and Statistics PUBLISHED DECEMBER 2015 Image: The Lady in the Van courtesy of Sony Pictures THE UK FILM MARKET AS A WHOLE THE UK WAS THE SECOND LARGEST FILM MARKET

More information

Copyright Telefon AB LM Ericsson 2006. All rights reserved

Copyright Telefon AB LM Ericsson 2006. All rights reserved 1 Safe Harbor Statement This presentation contains forward looking statements. Such statements are based on our current expectations and are subject to certain risks and uncertainties that could negatively

More information

Financial supplement 2013. Zurich Insurance Group Annual Report 2013

Financial supplement 2013. Zurich Insurance Group Annual Report 2013 Financial supplement 2013 Zurich Insurance Group Annual Report 2013 2 Contents Results for the Year ended December 31, 2013 Financial supplement (unaudited) Financial highlights (unaudited) Business operating

More information

Eutelsat Communications Full Year 2013-2014 Results. July 31, 2014

Eutelsat Communications Full Year 2013-2014 Results. July 31, 2014 Eutelsat Communications Full Year 2013-2014 Results July 31, 2014 1 Agenda FY 2013-2014 highlights Operational performance Financial overview Outlook -2- FY 2013-2014: Key Figures Revenue Revenues of 1,348

More information

J.P. Morgan Asset Management

J.P. Morgan Asset Management LU0159059210 LU0117861202 LU0325075579 LU0325075496 LU0289215518 LU0289219007 LU0289215435 LU0572778313 LU0117881226 LU0115097544 LU0278564033 LU0278563068 LU0441853263 LU0441851994 LU0522352607 LU0117867159

More information

Ericsson Executive Summit on Broadband Mobility. Cypress Hotel December 11, 2008 Cupertino, CA

Ericsson Executive Summit on Broadband Mobility. Cypress Hotel December 11, 2008 Cupertino, CA Ericsson Executive Summit on Broadband Mobility Cypress Hotel December 11, 2008 Cupertino, CA Safe Harbor Statement This presentation contains forward looking statements. Such statements are based on our

More information

Forward Looking Statement

Forward Looking Statement Forward Looking Statement This presentation contains forward-looking statements which are statements that refer to expectations and plans for the future and include, without limitation, statements regarding

More information

ADAMA DELIVERS ROBUST VOLUME GROWTH DESPITE DIFFICULT MARKET AND CURRENCY CONDITIONS

ADAMA DELIVERS ROBUST VOLUME GROWTH DESPITE DIFFICULT MARKET AND CURRENCY CONDITIONS ADAMA DELIVERS ROBUST VOLUME GROWTH DESPITE DIFFICULT MARKET AND CURRENCY CONDITIONS Revenues in constant currencies up estimated 9.5% in the third quarter and 6% year-to-date Strong volume growth in all

More information

Financial Results. siemens.com

Financial Results. siemens.com s Financial Results Fourth Quarter and Fiscal 2015 siemens.com Key figures (in millions of, except where otherwise stated) Volume Q4 % Change Fiscal Year % Change FY 2015 FY 2014 Actual Comp. 1 2015 2014

More information

FINANCIAL RESULTS Q4/2015 & 2015 ESA TIHILÄ, CEO NICLAS ROSENLEW, CFO FEBRUARY 2, 2016

FINANCIAL RESULTS Q4/2015 & 2015 ESA TIHILÄ, CEO NICLAS ROSENLEW, CFO FEBRUARY 2, 2016 FINANCIAL RESULTS Q4/2015 & 2015 ESA TIHILÄ, CEO NICLAS ROSENLEW, CFO FEBRUARY 2, 2016 IMPORTANT NOTICE The following information contains, or may be deemed to contain, forward-looking statements. These

More information

Q1 FY2004 Consolidated Results

Q1 FY2004 Consolidated Results Q1 FY2004 Consolidated Results (Quarter Ended June 30, 2004) Sony Corporation Investor Relations 1 Statements made in this presentation with respect to Sony s current plans, estimates, strategies and beliefs

More information

F-Secure Corporation - Interim report Q3 2011

F-Secure Corporation - Interim report Q3 2011 F-Secure Corporation - Interim report Q3 2011 (Unaudited) October 26, 2011 Kimmo Alkio, President & CEO Protecting the irreplaceable f-secure.com Q3 highlights Good financial performance Total revenues

More information

Earnings Release Q4 FY 2015 July 1 to September 30, 2015

Earnings Release Q4 FY 2015 July 1 to September 30, 2015 Munich, Germany, November 12, 2015 Earnings Release FY 2015 July 1 to September 30, 2015 Strong finish for fiscal 2015»We delivered what we promised, and are well positioned to deliver on our plans for

More information

Global telecom tower industry

Global telecom tower industry Global telecom tower industry Summary An analysis of the sector, its major players and deal activity September 214 65 page report Overview of key industry trends Analysis by region Profiles of 18 major

More information

Third Quarter 2015 Conference Call

Third Quarter 2015 Conference Call Third Quarter 2015 Conference Call E. Scott Santi, Chairman & CEO Michael M. Larsen, Senior Vice President & CFO Aaron H. Hoffman, Vice President, Investor Relations October 21, 2015 Forward Looking Statements

More information

Second Quarter 2007 Results. July 31, 2007

Second Quarter 2007 Results. July 31, 2007 Second Quarter 2007 Results July 31, 2007 Safe Harbor For Forward Looking Statements Except for historical information, all other information in this presentation consists of forward-looking statements

More information

Q1 Fiscal Year 2016 Earnings Conference Call

Q1 Fiscal Year 2016 Earnings Conference Call NASDAQ: CMCO Q1 Fiscal Year 2016 Earnings Conference Call July 31, 2015 Timothy T. Tevens President & Chief Executive Officer Gregory P. Rustowicz Vice President - Finance & Chief Financial Officer 2015

More information

GrandVision reports Revenue growth of 13.8% and EPS growth of 31.7%

GrandVision reports Revenue growth of 13.8% and EPS growth of 31.7% GrandVision reports Revenue of 13.8% and EPS of 31.7% Schiphol, the Netherlands 16 March 2015. GrandVision NV (EURONEXT: GVNV) publishes Full Year and Fourth Quarter 2015 results. 2015 Highlights Revenue

More information

WIND Telecomunicazioni

WIND Telecomunicazioni WIND Telecomunicazioni Positive Momentum Full Year 2015 Results February 18 th, 2016 FY 2015 Revenue EBITDA Total revenue 4,428 million, down 4.4% YoY Mobile service revenue declines 2.1% YoY posting a

More information

Fourth Quarter 2015 Earnings Conference Call

Fourth Quarter 2015 Earnings Conference Call Earnings Conference Call November 3, 2015 Safe Harbor Statement Our commentary and responses to your questions may contain forward-looking statements, including our outlook for the remainder of the year,

More information

Press release Regulated information

Press release Regulated information Press release Regulated information 26 February 2010 Annual results 2009 Press Katelijn Bohez T +32 56 23 05 71 Investor Relations Jacques Anckaert T +32 56 23 05 72 www.bekaert.com www.bekaert.mobi Bekaert

More information

March 5, 2015. 2015 First Quarter Conference Call

March 5, 2015. 2015 First Quarter Conference Call March 5, 2015 2015 First Quarter Conference Call Safe Harbor Forward-Looking Statements This presentation contains certain forward-looking information within the meaning of the Private Securities Litigation

More information

Q Financial Results

Q Financial Results Q3 2015 Financial Results Record Q3 Sales & Accelerating Transformation Record Q3 sales on the back of higher viewing levels, healthy customer intake, rising market shares, 42% organic digital revenue

More information

First semester 2014 earnings

First semester 2014 earnings Listen-only live audio webcast available from www.gemalto.com/investors First semester 2014 earnings August 28, 2014 Olivier Piou, CEO Jacques Tierny, CFO Disclaimer This communication does not constitute

More information

1 January 2004 31 December 2004

1 January 2004 31 December 2004 1 January 31 December 1 Contents Q4 Report President and CEO Veli-Matti Mattila Key Figures and Financial Statement CFO Tuija Soanjärvi 2 Q4 Report President and CEO Veli-Matti Mattila Elisa Q4 Financial

More information

FRANKLIN ELECTRIC REPORTS RECORD SECOND QUARTER 2013 SALES AND EARNINGS

FRANKLIN ELECTRIC REPORTS RECORD SECOND QUARTER 2013 SALES AND EARNINGS For Immediate Release For Further Information Refer to: John J. Haines 260-824-2900 FRANKLIN ELECTRIC REPORTS RECORD SECOND QUARTER 2013 SALES AND EARNINGS Bluffton, Indiana July 30, 2013 - Franklin Electric

More information

Positioning to Win. Lehman Brothers 6th Annual Worldwide Wireless and Wireline Conference NYC, June 3, 2005

Positioning to Win. Lehman Brothers 6th Annual Worldwide Wireless and Wireline Conference NYC, June 3, 2005 Lehman Brothers 6th Annual Worldwide Wireless and Wireline Conference NYC, June 3, 2005 Positioning to Win Christoph Caselitz President Siemens Communications Mobile Networks Safe Harbor Statement This

More information

IMCD reports strong results for 2014

IMCD reports strong results for 2014 IMCD reports strong results for 2014 Rotterdam, The Netherlands 11 March 2015 - IMCD N.V. ( IMCD or Company ), a leading international speciality chemicals-focused distributor, today announces the 2014

More information

CONFERENCE CALL RESULTS JANUARY MARCH 2014

CONFERENCE CALL RESULTS JANUARY MARCH 2014 WELCOME DÜRR AKTIENGESELLSCHAFT CONFERENCE CALL RESULTS JANUARY MARCH 2014 Ralf W. Dieter, CEO Ralph Heuwing, CFO Bietigheim-Bissingen, May 6, 2014 www.durr.com DISCLAIMER This presentation has been prepared

More information

Full Year Results 2014

Full Year Results 2014 Full Year Results 2014 18 March 2015 Conference call on FY Results 2014 Corporate Finance & Investor Relations AGENDA FY 2014 results presentation Highlights 2014 Financials 2014 Outlook 2015 Appendix

More information

Chasing growth in a constrained environment

Chasing growth in a constrained environment Chasing growth in a constrained environment Bernard Fontana CEO June 14, 2012 Agenda 1 Drivers of demand growth 2 Allocating the asset footprint according to demand 3 Growth from customer excellence &

More information

Technology + Innovation = Sustainability

Technology + Innovation = Sustainability Technology + Innovation = Sustainability David Woolley (CEO) & David Bessant (CFO) Q3 2012 Interim Report 1 Agenda Q3-12 Highlights DW Summary of financial results DB Economic head wind and de-stocking

More information

1H15 Results Presentation

1H15 Results Presentation 23 February 2015 1H15 Results Presentation David Stewart CEO and Managing Director Ken Sheridan CFO and Executive Director TODAY S AGENDA M2M: An exciting opportunity New partnerships New products from

More information

Nokia Conference Call Third Quarter 2004 Financial Results. Jorma Ollila Chairman and CEO Rick Simonson Senior Vice President and CFO

Nokia Conference Call Third Quarter 2004 Financial Results. Jorma Ollila Chairman and CEO Rick Simonson Senior Vice President and CFO Nokia Conference Call Third Quarter 2004 Financial Results Jorma Ollila Chairman and CEO Rick Simonson Senior Vice President and CFO Ulla James Vice President, Investor Relations October 14, 2004 15.00

More information

Earnings conference call. Q4 and Full year 2014

Earnings conference call. Q4 and Full year 2014 Earnings conference call Q4 and Full year 2014 Bo Annvik, CEO / Andreas Ekberg, CFO 12 February 2015 1 Agenda Business Highlights Market Update Sales Financials Restructuring Outlook 2 Business Highlights

More information

Good growth and profitability

Good growth and profitability Good growth and profitability Year-end 2015 report Stockholm, 18 February 2016 Anders Nissen, CEO Liia Nõu, CFO Agenda Introduction Financial review Market and business Q&A Anders Nissen Liia Nõu Anders

More information

Q presentation. 15 July 2014

Q presentation. 15 July 2014 Q2 2014 presentation 15 July 2014 Agenda Highlights Financial performance Dividends Market outlook/trends Q2 highlights Revenue of NOK 5,981 million, up 8.7% EBITDA of NOK 177 million, up 26.0% EBITDA

More information

LafargeHolcim announces Q4 and FY 2015 results

LafargeHolcim announces Q4 and FY 2015 results Zurich, March 7, 206 LafargeHolcim announces Q4 and FY 205 results CHF 83m free cash flow drives CHF bn of debt reduction in fourth quarter, despite continuing challenging conditions in selected markets

More information

Interim Report for Q1 2015

Interim Report for Q1 2015 Interim Report for Q1 2015 Strong year-on-year sales growth; Weak Networks profitability compensated by good performance in Technologies and HERE. Financial highlights Net sales in Q1 2015 of EUR 3.2 billion

More information

Tieto Corporation. 26 October 2015. Tanja Lounevirta Head of IR

Tieto Corporation. 26 October 2015. Tanja Lounevirta Head of IR Tieto Corporation 26 October 215 Tanja Lounevirta Head of IR Financial facts Customer sales in 214: EUR 1 523 million EBIT margin excl. one-off items *) : 9.9% Sales by Service Line Tieto s market position:

More information

2014 Full Year Results

2014 Full Year Results 2014 Full Year Results February 4, 2015 Safe harbor This document contains forward-looking statements, which can be identified by terminology such as expect, would, will, potential, plans, prospects, estimated,

More information