Nokia reported weak figures in Q1 18 for both the top line and the operating profit, reflecting a traction in the Networks business. However, the strong order intake and backlog point to a building momentum and, especially, a ramp-up in 5G deals in H2 18. The FY18 guidance is reiterated but is now more at risk as it will rely mainly on the final quarter.
26 Apr 2018
Tough start to the year but better prospects in sight for H2 18
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Tough start to the year but better prospects in sight for H2 18
Nokia Oyj (NOKI:WBO) | 0 0 1.8% | Mkt Cap: 27,194m
- Published:
26 Apr 2018 -
Author:
Lionel Pellicer -
Pages:
3
Nokia reported weak figures in Q1 18 for both the top line and the operating profit, reflecting a traction in the Networks business. However, the strong order intake and backlog point to a building momentum and, especially, a ramp-up in 5G deals in H2 18. The FY18 guidance is reiterated but is now more at risk as it will rely mainly on the final quarter.