Nokia back on growth track - HS in English | HS.fi

Nokia back on growth track

Nokia has estimated that its operating profitability will improve more than anticipated this year. The network equipment manufacturer reported on Thursday that the net sales of all three of its businesses increased between July and September, boosting its operating profits – excluding non-recurring items – by 33 per cent year-on-year to 457 million euros.

24.10.2014 6:56

“We are very pleased with the third-quarter result. It is important to take note that the businesses of Nokia grew for the first time since the first quarter of 2011,” highlights Timo Ihamuotila, the chief financial officer at the former mobile phone giant.

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