Ericsson 1999 Report

Ericsson 1999 report * Best quarter ever: orders, sales, income and cash flow. * Further improvement of leading position in mobile systems, sales growth exceeding 40 percent. * Strong volume increase in mobile phones during fourth quarter, sales up 33 percent and operating margin reached 5.6 percent. * Established turn around in Wireline Systems, several strategic orders for migration of networks into next generation. * Outlook 2000; revenue growth more than 20 percent and substantial growth in earnings. SEK billion Full year Change Fourth Quarter Change 1999 % % Orders 223.8 19 66.0 40 Sales 215.4 17 73.8 25 Income before taxes 16.4 -10 8.5 39 Earnings per share (SEK) 6.17 -7 3.10 29 Cash flow before financing -2.4 +9.5 ------------------------------------------------------------ Please visit http://www.bit.se for further information The following files are available for download: http://www.bit.se/bitonline/2000/01/28/20000128BIT00020/bit0001.doc http://www.bit.se/bitonline/2000/01/28/20000128BIT00020/bit0002.pdf