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Nokia sales fall 6% in Q2, sees better H2 as 5G roll-out starts

2018-07-26 07:52:00| Telecompaper Headlines

(Telecompaper) Nokia saw its sales turn lower again in the second quarter, but said it expects the networks business to improve in the second half, as 5G deployments start toward the end of the year. Second-quarter sales fell to EUR 5.3 billion from EUR 5.6 billion a year ago and were down 1 percent on a constant currency basis. The net loss narrowed to EUR 0.05 per share from EUR 0.07 a year earlier, while adjusted EPS dropped to EUR 0.03 from EUR 0.08. 

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