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Nokia sales up 1% in Q2 thanks to licensing growth

2017-07-27 07:44:00| Telecompaper Headlines

(Telecompaper) Nokia reported second-quarter sales up 1 percent year-on-year to EUR 5.619 billion, as growth in its licensing business offset a weaker market for network equipment. The adjusted operating margin jumped to 10.2 percent from 5.9 percent a year ago, and the net loss narrowed to EUR 423 million from EUR 667 million. 

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