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Tag: margins
Nokia improves margins on small drop in Q1 sales, sees Q2 impact from coronavirus
2020-04-30 08:50:00| Telecompaper Headlines
(Telecompaper) Nokia reported improved underlying profits in the first quarter, thanks to its cost reduction efforts and a limited impact from the Covid-19 pandemic. While revenues were down 2 percent to EUR 4.9 billion, adjusted operating profit was a positive EUR 116 million versus a loss of EUR 59 million a year ago. The company said it expects Q2 to show the most impact from the coronavirus crisis and slightly lowered the mid-point of its full-year outlook.
Ericsson maintains outlook as margins improve, sales up 2% in Q1
2020-04-22 08:54:00| Telecompaper Headlines
(Telecompaper) Ericsson reported first-quarter sales up 2 percent and an improvement in its underlying margins. The company said it was seeing limited impact from the Covid-19 pandemic on its business and maintained its outlook for growth in 2020 and the medium term.
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Ericsson raises dividend 50% as profits improve, margins on track
2020-01-24 08:58:00| Telecompaper Headlines
(Telecompaper) Ericsson announced a 50 percent increase in its dividend to SEK 1.50 per share, after reporting full-year results it says are on track to meet its medium and long-term targets. For the fourth quarter, the company posted sales up 4 percent to SEK 66.4 billion, and the adjusted operating margin more than doubled to 9.7 percent, close to its target of 10 percent for 2020.
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