Telefonaktiebolaget LM Ericsson Class A · OMXSTO:ERIC_A
Telefonaktiebolaget LM Ericsson Class A — ST-Ericsson — Q1 2011 Earnings Presentation
11 slides from Telefonaktiebolaget LM Ericsson Class A's earnings presentation, 2011
Slide 1: First Quarter Report 2011
FIRST QUARTER REPORT 2011 e® °e & MwWN A= ICSSON
Slide 2: First Quarter Report 2011
FIRST QUARTER REPORT 2011 Carol Streitberger Brighton Senior Vice President, Global Communications
Slide 3: Safe Harbor
SAFE HARBOR This presentation contains forward-looking statements that involve inherent risks and uncertainties. We have identified certain important factors that may cause actual results to differ materially from those contained in such forward-looking statements. For a detailed description of risk
Slide 4: First Quarter Report 2011 - Gilles Delfassy, President and CEO
FIRST QUARTER REPORT 2011 Gilles Delfassy, President and CEO
Slide 5: Q1 Net Sales
Q1 NET SALES ∙ Net sales $444 million ∙ Steep drop in sales of legacy products $ million 800 700 600 500 400 300 200 QoQ: -23% 100 0 2009 2010 2011 © ST-Ericsson 2011 5 FIRST QUARTER REPORT 2011
Slide 6: Additional Q1 Financial Information
ADDITIONAL Q1 FINANCIAL INFORMATION ∙ Adjusted operating loss increased ∙ Partially offset by ∙ Higher R&D service sales related to LTE development ∙ Some positive one-offs ∙ Restructuring plan savings © ST-Ericsson 2011 6 FIRST QUARTER REPORT 2011
Slide 7: Continuing Progress
CONTINUING PROGRESS ∙ Revenue from new products as a percentage of total revenue continued to grow in Q1 ∙ New high-speed ThorTM 21 Mbps modem sales nearly doubled sequentially ∙ Modems in lightning-fast phones for US market ∙ Additional customer traction with NovaThorTM family © ST-Ericsson 2011 7
Slide 8: Vying for Market Leadership
VYING FOR MARKET LEADERSHIP ∙ Announced some of most advanced & attractive products in the market: ∙ ThorTM modems ∙ NovaTM application processors ∙ NovaThorTM integrated, complete platforms ∙ 7 out of 9 top device manufacturers by revenue actively engaged with us © ST-Ericsson 2011 8 FIRST QUARTER
Slide 9: Q2 Sales Outlook
Q2 SALES OUTLOOK ∙ Net sales to decline sequentially: ∙ On-going erosion of legacy products ∙ Not yet compensated by the ramp of new products ∙ Areas of uncertainty: ∙ Mid-term impact of Japan earthquake ∙ Exchange rate evolution ∙ Main focus: ∙ Improving efficiency ∙ Securing the successful executi
Slide 10: Our Aim
OUR AIM ∙ Leadership in smartphones and tablets ∙ Drive innovation in mobile broadband ∙ Enable coolest, richest, affordable devices © ST-Ericsson 2011 10 FIRST QUARTER REPORT 2011
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