Nokia reported Q4 revenues of €3,609m, up 2.8% yoy at comparable perimeters but down 3% at constant exchange rates. Nokia Networks accounted for €3.20m, corresponding to a reported 4.6% decrease, while Nokia Technologies witnessed a 170% yoy increase thanks to the multi-year licensing agreement with Samsung. The IFRS gross margin came in at 46.4%, leading to a non-IFRS EBIT margin of 20.3%. The IFRS EBIT margin came in at 17.8%, up 590bp yoy thanks to the strong performance in Nokia
11 Feb 2016
Licensing to offset networks, hampered by softening market conditions in Wireless
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Licensing to offset networks, hampered by softening market conditions in Wireless
Nokia Oyj (NOKI:WBO) | 0 0 1.8% | Mkt Cap: 27,194m
- Published:
11 Feb 2016 -
Author:
Charles Bordes -
Pages:
3
Nokia reported Q4 revenues of €3,609m, up 2.8% yoy at comparable perimeters but down 3% at constant exchange rates. Nokia Networks accounted for €3.20m, corresponding to a reported 4.6% decrease, while Nokia Technologies witnessed a 170% yoy increase thanks to the multi-year licensing agreement with Samsung. The IFRS gross margin came in at 46.4%, leading to a non-IFRS EBIT margin of 20.3%. The IFRS EBIT margin came in at 17.8%, up 590bp yoy thanks to the strong performance in Nokia