RM-SYSTÉM»Události»Nokia Corporation Financial Report for Q2 and Half Year 2021
Nokia Corporation Financial Report for Q2 and Half Year 2021
30.07.2021 15:56
Nokia Corporation Financial Report for Q2 and Half Year 2021
Strong first half, 2021 Outlook revised upwards
- Top-line strength continued in Q2, with constant currency net sales up 9% year-on-year, driven by growth across all business groups, with particular strength in Network Infrastructure. Reported net sales increased 4%.
- Important progress on our three-phased strategy. Mobile Networks strengthening its competitiveness with major product launch, including some industry leading features. Network Infrastructure continued to gain share in the first half.
- Our new operating model is delivering clear accountability and financial discipline through the organization.
- Comparable gross margin of 42.3% (reported 41.0%) in Q2, reflecting broad improvements, particularly in Mobile Networks, which benefitted from a one-time software deal and 5G growth.
- Comparable operating margin of 12.8% (reported 9.1%) in Q2, with improvements across all business groups, also helped by the one-time software deal in Mobile Networks.
- Q2 comparable diluted EPS of EUR 0.09; reported diluted EPS of EUR 0.06.
- Generated positive free cash flow for the fifth quarter in a row; liquidity position remains solid with EUR 3.7bn net cash.
- Strong performance in first half 2021 with 9% constant currency sales growth (reported net sales +4%) and comparable operating margin of 11.9% (reported 8.8%), driving increase in our full year Outlook although headwinds remain for the second half.
- Considering our strong start to 2021, we revise our full year 2021 Outlook, including net sales expected to be EUR 21.7bn to 22.7bn (previously EUR 20.6bn to EUR 21.8bn) with comparable operating margin in the range of 10-12% (previously 7-10%).
RM-SYSTÉM, česká burza cenných papírů a.s.
Další zprávy
- Nokia launches first phase of share buyback program (20.03.2024 13:55)
- Nokia - Report for Q4 and full year 2023 (25.01.2024 11:39)
- Nokia Corporation - Changes in Nokia Corporation's own shares (23.01.2024 14:26)
- Nokia chosen to modernize du’s voice core network to provide high-quality voice service (10.01.2024 12:53)
- Nokia expects that it will not achieve its 2023 (03.01.2024 16:51)