Hints and tips:
...the pressure hugely on Ekholm, who until recently was widely praised for his turnround of Ericsson, re-establishing it as the leading network equipment gear maker ahead of China’s Huawei and Finland’s Nokia...
Watch out for early proof that the cost-cutting programme is bearing fruit before investing
...Nokia said: “We always welcome investor interest in Nokia,” but declined to comment further. Ericsson’s chief executive Borje Ekholm will meet German chancellor Angela Merkel next week in Berlin....
...“The price we pay for not realising that growth is huge,” added Svanberg, who is also chair of Sweden’s AB Volvo and has led European giants such as Ericsson and BP....
...The listed Svenska Cellulosa AB (SCA) is the owner of 2.6m hectares of Swedish forest, almost equivalent to the area of Belgium, which it uses to produce wood products, pulp and packaging paper....
Investor demand for sustainable funds accelerated sharply in 2020
Cutting the number of its branches will make the Swedish bank a stronger institution
Supporter of bricks and mortar to cut 1,000 jobs and invest in online offering
The 56-year-old has her work cut out at the Swedish bank she joined in 1986
Anders Bouvin says his decision to retire was just an ‘age thing’
...Svenska Handelsbanken could not be reached for comment....
Five of region’s biggest banks join forces to develop know-your-customer infrastructure
UK regulator’s criticism is a blow for reputation of Swedish bank
...Monday, 13:15 GMT What’s happening Primark owner AB Foods was among the biggest FTSE 100 risers after a reassuring trading update....
...) – Svenska Handelsbanken: Its UK operations’ impairment charges rose to SEK 148m from SEK 23m the quarter before....
...I don’t think Steve Jobs built the iPhone to destroy Nokia but make people’s lives better. We are trying to do the same....
...Svenska Handelsbanken is no different; its capacity to churn out peer-beating shareholder returns has been undimmed over more than a decade....
The country’s lenders should remain a haven in spite of household debt concerns
...Still, with an activist investor on the register, a wise head in the chair and the stock at a discount to peers Nokia and ZTE, there is at least a glimmer of hope....
...Nokia played on consumer nostalgia by bringing back its 8110 banana phone from 1996, made famous in The Matrix film, and retailing at less than $100....
...Henrik Selin of Svenska Institutet, a government agency charged with spreading information about Sweden abroad, predicted it would have little immediate effect on the country’s reputation....
...That is more than Finnish rival Nokia, but it has not stopped a new shareholder demanding more change. Mr Ekholm has promised to remove the rocks from Ericsson’s business, retaining the roll....
...Ericsson has been underperforming for some time as competition has increased from China’s Huawei and a revitalised Nokia....
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