Nokia: FY EPS above expectations
(CercleFinance.com) - Nokia has published 2018 adjusted (non-IFRS) EPS that is down 30% at 0.
23 euros, although this actually exceeds the consensus by one cent, with an adjusted operating margin that is down 140 basis points over the period at 9.7%.
The Finnish telecom equipment supplier saw its annual revenues fall 3% to just under 22.6 billion euros, weighed on by FX factors, without which revenues would have increased by 1%.
"We maintained good momentum, with strong 5G customer engagement in all key markets," the group said, whose board will propose a 5% increase in its dividend to 0.20 euro per share.
Copyright (c) 2019 CercleFinance.com. All rights reserved.
23 euros, although this actually exceeds the consensus by one cent, with an adjusted operating margin that is down 140 basis points over the period at 9.7%.
The Finnish telecom equipment supplier saw its annual revenues fall 3% to just under 22.6 billion euros, weighed on by FX factors, without which revenues would have increased by 1%.
"We maintained good momentum, with strong 5G customer engagement in all key markets," the group said, whose board will propose a 5% increase in its dividend to 0.20 euro per share.
Copyright (c) 2019 CercleFinance.com. All rights reserved.