POLL-Ericsson'97 pre-tax 16.64 bln skr
02:43 AM ET 01/27/98
STOCKHOLM, Jan 27 (Reuters) - Swedish telecoms group AB LM
Ericsson was expected to post a pre-tax profit for
1997 of 16.64
billion crowns compared to 10.15 billion crowns in 1996, a
Reuters poll of 20 analysts showed on Tuesday.
Forecasts ranged from 15.20 billion crowns to 18.02 billion
crowns. For 1998 the average of analysts' forecasts put profits
at 20.14 billion crowns.
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Pre-tax profit
(Million crowns) average range number of responses
----------------------------------------------------------
Full year 1997 16,639 15,200-18,018 20
Full year 1998 20,144 17,600-24,374 20
----------------------------------------------------------
Turnover
(Million crowns) average range number of responses
----------------------------------------------------------
Full year 1997 172,755 168,500-176,400 19
Full year 1998 210,371 195,000-225,000 19
----------------------------------------------------------
EPS
(crowns) average range number of responses
----------------------------------------------------------
Full year 1997 11.54 10.75-11.90 21
Full year 1998 13.84 12.21-16.80 21
----------------------------------------------------------
Dividend
(crowns) average range number of responses
----------------------------------------------------------
Full year 1997 3.1 2.30-3.78 18
Full year 1998 3.7 2.50-4.82 18
----------------------------------------------------------
Analysts who participated in the survey were from: Aros,
CDV Nordic, CSFB, Deutsche Morgan Grenfell , Fischer,
Enskilda,
Hagstromer & Qviberg , Handelsbanken, Kleinwort Benson,
Lehman
Brothers, Matteus, Merrill Lynch***, Morgan Stanley**, Myrberg,
Natwest, Paine Webber, Paribas, Penser, Salomon Smith Barney*,
SBC Warburg, Swedbank and Ohman.
* EPS, dividend forecast given in dollars ($=7.88 crowns)
** Only EPS and dividend forecasts
*** Only EPS
((Charlotte Meynert, Stockholm newsroom, +468-700 1071, fax |
