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Nokia sales fall 7% in Q3 as mobile market softens

2016-10-27 07:46:00| Telecompaper Headlines

(Telecompaper) Nokia reported third-quarter pro forma sales down 7 percent year-on-year to EUR 5.95 billion, hurt by a slowdown in the mobile network market. Sales at the Networks business fell 12 percent annually to EUR 5.32 billion but were up 2 percent from the second quarter, in line with the company's forecast for sequential improvement. The licensing division Nokia Technologies did much better, more than doubling revenues to EUR 353 million thanks to the company's new agreement with Samsung. Adjusted operating profit fell 18 percent to EUR 556 million, and the margin of 9.3 percent was down from 10.7 percent a year ago but an improvement from 5.8 percent in Q2.

Tags: sales market mobile fall

 

BT's underlying revenue edges up, EE sales still falling

2016-10-27 02:00:00| Total Telecom industry news

U.K. incumbent reports strong consumer broadband, mobile additions; pension deficit surges by 3.3 billion.

Tags: sales revenue underlying falling

 
 

Sherwin-Williams\' Sales up 4% in Q3, First Nine Months of 2016

2016-10-26 20:46:00| Coatings World Breaking News

Tags: of months sales sherwinwilliams

 

Coke sales continue to lose their fizz

2016-10-26 16:23:09| BBC News | Business | UK Edition

Coca-Cola's global sales slide 7% to $10.6bn in the three months to September as consumers keep the lid on carbonated drinks.

Tags: sales continue lose coke

 

Herma announces record-breaking US sales for applicator

2016-10-26 16:10:00| Label and Narrow Web Breaking News

In August, 41 H400 machines were sold, besting the previous record of 35.

Tags: sales announces applicator announces sales

 

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