April 18, 2024
Telefonaktiebolaget LM Ericsson (publ) (NASDAQ:ERIC) This fall 2023 Earnings Convention Name January 23, 2024 3:00 AM ET

Firm Contributors

Peter Nyquist – VP & Head, IR

Börje Ekholm – President, CEO

Carl Mellander – SVP, CFO and Head, Group Perform Finance & Frequent Capabilities

Convention Name Contributors

Aleksander Peterc – Societe Generale

Erik Lindholm-Röjestål – SEB

Francois Bouvignies – UBS

Jakob Bluestone – BNP Paribas Exane

Sandeep Deshpande – JPMorgan

Sebastien Sztabowicz – Kepler Chevreux

Operator

Whats up, everybody, and welcome to Ericsson’s Fourth Quarter and Full Yr Outcomes of 2023. With me in the present day, I’ve, as regular, our CEO, Börje Ekholm; and our CFO, Carl Mellander. And we’ll finish this presentation as regular with Q&A. And with a purpose to ask questions, you’ll need to affix the convention by telephone. Particulars may be discovered on in the present day’s press launch or on our web site, ericsson.com/buyers. Please be additionally suggested that this convention is recorded.

However earlier than handing over to Börje, I wish to learn the next. Throughout in the present day’s presentation, we will probably be making forward-looking statements. These statements are primarily based on our present expectation and sure planning assumptions, that are topic to dangers and uncertainties. The precise consequence could differ materially as a consequence of elements talked about in in the present day’s press launch and mentioned on this convention name. We encourage you all to examine these dangers and uncertainties in an earnings report in the present day in addition to within the annual report.

With that mentioned, I wish to hand over the phrase to Börje. So please, Börje.

Börje Ekholm

Thanks, Peter, and good morning, everybody. Thanks for becoming a member of us in the present day. So in 2023, we navigated a tough cell networks market marked by persistent headwinds and an unprecedented slowdown within the North American market, which actually noticed prospects lowering CapEx considerably.

With the speedy progress in