NOKIAs first quarter revenue of 4 billion 920 million euros, loss of 351 million euros

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 NOKIAs first quarter revenue of 4 billion 920 million euros, loss of 351 million euros


In addition, NOKIA lost 351 million euros (or 0.06 euros per share) in the first quarter, narrowing over a loss of 473 million euros (or 0.08 euros per share) in the same period of the same period last year. The adjusted attributable profit was 86 million euros (or 0.02 euros per share), compared with 196 million euros (or 0.03 euros per share) in the same period last year. Net sales fell 8% to 4 billion 920 million euros, compared with 5 billion 380 million euros in the same period last year. At fixed exchange rates, net sales were flat year-on-year. NOKIA said its net sales and profitability in the first quarter were mainly affected by the decline in net sales in North America. However, orders and incoming orders are in good condition. Looking ahead, NOKIA said it expects the net sales trajectory and profitability of North America will improve significantly in the second half of 2018. NOKIA is competing with Ericsson (Ericsson), HUAWEI and ZTE, which reiterated its full year performance forecast in 2018, although its network business is expected to appear weak in the first half of 2018. But the company said that overall, its network sales in 2018 will exceed the global industry average, which is expected to drop by 1 to 3 percentage points. (small) source of this article: NetEase science and technology report editor: Wang Fengzhi _NT2541 In addition, NOKIA lost 351 million euros (or 0.06 euros per share) in the first quarter, narrowing over a loss of 473 million euros (or 0.08 euros per share) in the same period of the same period last year. The adjusted attributable profit was 86 million euros (or 0.02 euros per share), compared with 196 million euros (or 0.03 euros per share) in the same period last year. Net sales fell 8% to 4 billion 920 million euros, compared with 5 billion 380 million euros in the same period last year. At fixed exchange rates, net sales were flat year-on-year. NOKIA said its net sales and profitability in the first quarter were mainly affected by the decline in net sales in North America. However, orders and incoming orders are in good condition. Looking ahead, NOKIA said it expects the net sales trajectory and profitability of North America will improve significantly in the second half of 2018. NOKIA is competing with Ericsson (Ericsson), HUAWEI and ZTE, which reiterated its full year performance forecast in 2018, although its network business is expected to appear weak in the first half of 2018. But the company said that overall, its network sales in 2018 will exceed the global industry average, which is expected to drop by 1 to 3 percentage points. (small)