Nokia profits beat expectations
Finnish mobile phone group Nokia reported a 43% rise in pre-tax profits for the third quarter to €1.34bn against €937m in 1999, beating analyst’s forecasts of €1.06bn.
LONDON (Brand Republic) – Finnish mobile phone group Nokia reported a 43% rise in pre-tax profits for the third quarter to €1.34bn against €937m in 1999, beating analyst’s forecasts of €1.06bn.
The company’s mobile phone division recorded a 59% rise in sales to €5.46bn contributing to group sales of €7.58bn, a 50% increase on the same period last year.
Nokia posted its results a week early in response to recently troubled European technology stocks. Shares in the company rose 16% to €41.25 on the Swedish stock exchange in Thursday’s early morning trading.
Latest jobs Jobs web feed
- Account Director - Top London Advertising Agency c£50k Fill Recruitment Ltd c£50k, Central London
- Senior Brand Manager Ball & Hoolahan £55,000 + Car/Car Allowance, London
- SENIOR ACCOUNT MANAGER - Integrated Shoreditch Agency - Financial Services - £30-38k Judi Patton £30k-38k, Shoreditch, London
- Head of Inbound (SEO and Content) dmpeople Between £60,000 and £80,000 plus bonus and benefits, London
- Regional Shopper & Market Insights Manager Ball & Hoolahan £55,000 per annum, Asia
- International Trade Planning Manager Ball & Hoolahan £42,000 per annum, London