Share

Nokia reports higher than expected in Q2012 XNUMX

The Finnish group denies the prediction of Devices & Services, which hypothesized a -6% in the last months of the past year: in reality the operating margin will fluctuate between 0 and +2%.

Nokia reports higher than expected in Q2012 XNUMX

Nokia has announced higher than expected fourth quarter 2012 accounts for its Devices & Services division. The latter, according to the estimates advanced today by the company (which will publish the final accounts on 24 January), closes the last three months of the year with an expected operating margin between 0 and +2%, against the previous forecasts of -6%. .

This was mainly due to sales of Lumia mobile phones and smartphones and reduced operating expenses. The division's net sales are expected to be around €3,9 billion, with total volumes at 86,3 million units.

Nokia also provided some preliminary information on its outlook for Q2013 2, which expects a negative operating margin of around 12,3% for Devices & Services. The market reacted immediately: in Helsinki, the Nokia share jumped up with a +XNUMX%

comments