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Nokia meets 2018 guidance after Q4 sales grow 3%, sees better results in 2019
2019-01-31 09:55:00| Telecompaper Headlines
(Telecompaper) Nokia reported a solid finish to 2018, with fourth-quarter revenues up 3 percent year-on-year on both a reported and organic basis to EUR 6.87 billion. The company forecast results to improve further in the course of 2019 as 5G roll-outs gather momentum, and increased its dividend by 5 percent to EUR 0.20 per share.
Nokia sales fall 6% in Q2, sees better H2 as 5G roll-out starts
2018-07-26 07:52:00| Telecompaper Headlines
(Telecompaper) Nokia saw its sales turn lower again in the second quarter, but said it expects the networks business to improve in the second half, as 5G deployments start toward the end of the year. Second-quarter sales fell to EUR 5.3 billion from EUR 5.6 billion a year ago and were down 1 percent on a constant currency basis. The net loss narrowed to EUR 0.05 per share from EUR 0.07 a year earlier, while adjusted EPS dropped to EUR 0.03 from EUR 0.08.
Nokia profit, sales fall in Q1 but guidance upbeat for 2018 on faster start to 5G
2018-04-26 08:58:00| Telecompaper Headlines
(Telecompaper) Nokia said it faced a challenging first quarter and reiterated its guidance for lower earnings in 2018 as it puts more money into testing 5G services. For Q1, net sales fell 9 percent from the year before to EUR 4.9 billion, with sales declining 12 percent at Networks but rising 48 percent at Nokia Technologies, the company's licensing business. On a constant currency basis, net sales were flat, but Nokia said it sees the market improving in H2, thanks to a faster start to 5G.
Nokia offers higher dividend as Q3 sales fall 7% on weak mobile market
2017-10-26 08:49:00| Telecompaper Headlines
(Telecompaper) Nokia reported a drop in third-quarter revenues, hurt by the slowdown in the mobile networks market, but offered a higher dividend for shareholders after a strong improvement in profits on its cost-cutting efforts.
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Nokia sales up 1% in Q2 thanks to licensing growth
2017-07-27 07:44:00| Telecompaper Headlines
(Telecompaper) Nokia reported second-quarter sales up 1 percent year-on-year to EUR 5.619 billion, as growth in its licensing business offset a weaker market for network equipment. The adjusted operating margin jumped to 10.2 percent from 5.9 percent a year ago, and the net loss narrowed to EUR 423 million from EUR 667 million.
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