NSN: improvement

Publié le par Jean Arnal

Within Nokia presentation, NSN reported relative improvement in financials. 4Q07 sales amounted to €4.6bn (+25% qoq). Comparison with 2006 figures are meaningless as NSN started operation in April 2007. Operating margin improved to 0% thanks to higher net sales driving lower operating expenses as a percent of net sales. In the quarter, NSN bought Atrica which provides a full range of transport solutions to service providers delivering metro Ethernet services. For the year, NSN reported €13.4bn in sales and €1.3bn loss with an operating margin of about -10%.

Publié dans Top stories

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