Thursday, July 30, 2015

Nokia Delivers Improved Financials fo Q2

Nokia reported net sales of EUR 3.2 billion for Q2 2015, up 9% year-on-year (down 1% year-on-year on a constant currency basis) compared to EUR 2.9 billion in Q2 2014. Non-IFRS diluted EPS in Q2 2015 vs EUR 0.09 (EUR 0.06 in Q2 2014), an increase of 50% year-on-year.

"I am particularly pleased by Nokia Networks, which delivered improved performance overall, despite a year-on-year decline in net sales on a constant currency basis. Software sales were up significantly; core networking sales improved; we saw a reduced impact of strategic entry deals; Global Services had one of its best quarters in the history of the company; and costs remained well under control," stated Rajeev Sure, Nokia's President and CEO.

http://company.nokia.com/en/news/press-releases/2015/07/30/nokia-corporation-interim-report-for-q2-2015-and-january-june-2015