Alcatel confirming that its preliminary financial results for Q2 are in line with expectations. Highlights for the quarter include the following:
- Revenues are expected to be approximately EUR 3.38 billion, an increase of 7.5% over the same period last year.
- Operating margin is expected to be around 8%, and includes a 0.3 percent impact from a capital gain resulting from disposal of fixed assets.
- The proposed contribution of Alcatel assets to Thales will be accounted for as discontinued operations once definitive agreements have been completed, which is expected to occur by year-end 2006.
- Second quarter 2006 results will be published on July 27, 2006. Further details will be provided at that time.
