Ericsson Nikola Tesla d.d. (ZSE:ERNT)

Revenue by Segment

Financials in millions EUR. Fiscal year is January - December.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017	FY 2016
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019	Dec 31, 2018	Dec 31, 2017	Dec 31, 2016
Networks	157.92M	153.31M	145.17M	137.63M	127.38M
Networks Growth	3.01%	5.61%	5.48%	8.04%	-1.91%
Digital Services	75.91M	92.57M	78.48M	85.72M	77.44M
Digital Services Growth	-17.99%	17.95%	-8.45%	10.69%	25.78%
Managed Services	4.27M	3.09M	80.11M	73.79M	87.67M
Managed Services Growth	37.89%	-96.14%	8.57%	-15.83%	16.19%
Other	496.00K	507.00K	475.00K	438.00K	760.30K
Other Growth	-2.17%	6.74%	8.45%	-42.39%	-28.95%
Total	238.59M	249.47M	304.23M	297.58M	293.25M
Total Growth	-4.36%	-18.00%	2.24%	1.48%	9.44%

Revenue by Geography

Financials in millions EUR. Fiscal year is January - December.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017	FY 2016
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019	Dec 31, 2018	Dec 31, 2017	Dec 31, 2016
Croatia	66.37M	130.33M	128.83M	139.87M
Croatia Growth	-49.08%	1.16%	-7.90%	13.96%
Ericsson	138.25M	141.12M	135.93M	119.69M
Ericsson Growth	-2.04%	3.82%	13.57%	4.83%
Bosnia and Herzegovina, Montenegro and Kosovo	37.80M	20.52M	17.34M	14.50M
Bosnia and Herzegovina, Montenegro and Kosovo Growth	84.23%	18.32%	19.59%	15.75%
Other Export	7.06M	12.26M	1.64M	3.07M
Other Export Growth	-42.46%	649.05%	-46.73%	111.97%
CIS Countries	-	-	13.84M	16.11M
CIS Countries Growth	-	-	-14.10%	-5.58%
Total	249.47M	304.23M	297.58M	293.25M
Total Growth	-18.00%	2.24%	1.48%	9.44%

Source: S&P Global Market Intelligence.