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Nokia improves FY sales, margin outlook after solid Q2 results

2021-07-29 09:30:00| Telecompaper Headlines

(Telecompaper) Nokia has raised its outlook as promised, after reporting improved results for the second quarter...

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Nokia improves profit margins in Q1 as sales return to growth of 3%

2021-04-29 09:34:00| Telecompaper Headlines

(Telecompaper) Nokia reported a return to sales growth in the first quarter, with revenues up 3 percent to EUR 5.1 billion and growing 9 percent on a constant currency basis...

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Nokia improves margins on small drop in Q1 sales, sees Q2 impact from coronavirus

2020-04-30 08:50:00| Telecompaper Headlines

(Telecompaper) Nokia reported improved underlying profits in the first quarter, thanks to its cost reduction efforts and a limited impact from the Covid-19 pandemic. While revenues were down 2 percent to EUR 4.9 billion, adjusted operating profit was a positive EUR 116 million versus a loss of EUR 59 million a year ago. The company said it expects Q2 to show the most impact from the coronavirus crisis and slightly lowered the mid-point of its full-year outlook. 

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Nokia improves profits on flat sales in Q4, targets improved cash flow in 2020

2020-02-06 08:44:00| Telecompaper Headlines

(Telecompaper) Nokia reported a strong improvement in profits for the fourth quarter, despite flat revenues for the period. Profits were still down over the full year, and the company said it will focus this year on its mobile access business and cash flow, with the hope of paying a dividend by year-end. 

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Nokia sales growth improves to 7% in Q2

2019-07-25 08:21:00| Telecompaper Headlines

(Telecompaper) Nokia reported a better second quarter compared to Q1, with revenues up 7 percent and the operating loss reducing. The network equipment supplier said the strong quarter was driven by 5G demand and solid operational execution, and the company maintained its outlook for full-year results. 

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