“The Company continued its successful business performance during H1, being focused on profitable growth, efficiency, cash flow and risk management. Operating profit increased by 34.6%, while net profit increased by 9.7% YoY. Gross margin increased to 19%, primarily due to favorable product mix. Return on sales (ROS) increased to 13.1%. Despite dividend payment in June, total cash balances, including current financial assets, remained at the high level of MHRK 429.8 at the end of the H1. Cash flow from operating activities is positive. The Company's balance sheet remained strong with total assets of MHRK 989.4 and equity ratio of 62.5%." commented Gordana Kovačević, the president of Ericsson Nikola Tesla.
Indoor small-cell solutions play an important role for users, operators, enterprises and shopping malls alike. Small picos deployed indoors can be successfully integrated with the surrounding network deployments, enhancing the user experience and helping operators to get the most out of the network.A majority of broadband traffic is generated indoors. In-building solutions such as small picos or larger systems are important when the requirements cannot be met using an outdoor solution.
A new 800MHz license and an extraordinarily fast turnkey rollout by Ericsson (NASDAQ: ERIC) gave the Estonian operator EMT, belonging to the TeliaSonera group, the chance to expand to nationwide LTE (4G) coverage six months earlier than originally planned. Access to the new spectrum enabled EMT to nearly double the geographical area covered by its LTE networks, bringing the benefits of advanced data speeds to rural areas.
Gordana Kovačević – “The Manager of the Decade”, “The Business Woman of the Year” and Ericsson Nikola Tesla – “The Company of the Decade”
The 28th awards granting ceremony took place in a solemn atmosphere on Thursday, July 4, in Sarajevo, Bosnia&Herzegovina. The recognitions were granted to the best managers and public figures in the region South Eastern and Central Europe. The prize awarding ceremony attended several hundred most successful mangers from a dozen of countries and a large number of economic, political and public figures coming from the region.
At the recently held ConTEL conference, the company was present through a number of activities, such as the presentation by Gordana Kovačević MSc, who was an invited speaker, participation in the Technical Program Committee, then through conducting sessions and reading papers as well as by presentation of the company’s solutions. Gordana Kovačević was granted an annual award by the Communications Department of the Croatian section of IEEE for her great contribution to the employment of young specialists in Croatia and for the development of the ICT technology, based on the domestic knowledge, research and innovations.
Pursuant to the Decision on Dividend Payment, taken at the General Annual Meeting of the joint stock company, Ericsson Nikola Tesla, held on May 28, 2013, hereby we notify the Shareholders that the dividend for the business year 2012 in the total amount of HRK 170 per share (HRK 20 for the regular dividend and HRK 150 for the extraordinary dividend) will be paid on June 26, 2013.
Ericsson reaches milestone of providing managed services to networks that serve 1 billion subscribers. As the undisputed leader in managed services, Ericsson has signed more than 300 contracts worldwide. The trend toward anywhere, always-on broadband connectivity and excellent user experience continues to drive the demand for managed services.