RM-SYSTÉM»Události»Nokia Corporation Financial Report for Q2 and Half Year 2020
Nokia Corporation Financial Report for Q2 and Half Year 2020
31.07.2020 11:00
Continued improved execution drives strong margin and cash performance
- Strong margin expansion, primarily driven by Mobile Access
- Clear roadmap progress, particularly related to our 5G mid-band portfolio
- Confidence in resilient customer base and strong liquidity position
- 11% decrease in net sales, largely driven by COVID-19 and China
- Strong growth in Nokia Enterprise
- Positive operating profit, on a reported basis, in both Q2 and half year 2020
- Within previously provided Outlook ranges for full year 2020, adjusted the non-IFRS mid-points for EPS to EUR 0.25 and operating margin to 9.5%
- Delivered strong free cash flow year-to-date and raised 2020 recurring free cash flow guidance to be clearly positive
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