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General

Alcatel-Lucent improves margins as Q3 sales up 7%

Thursday 31 October 2013 | 09:15 CET | News
Alcatel-Lucent reported improving profitability in the third quarter, helped by an increase in underlying revenues. At constant exchange rates, sales were up 7 percent year-on-year and 3.1 percent sequentially to EUR 3.668 billion, and the gross margin rose to 32.6 percent from 27.8 percent in Q3 2012. Alcatel-Lucent said it was growing in IP routing, terrestrial optics and ultra-broadband access products, with new contracts in all regions signed in the quarter. With EUR 259 million in cost savings achieved in the year to date, the company improved the adjusted operating profit to EUR 116

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Categories: General
Companies: Alcatel-Lucent USA/FR / Qualcomm
Countries: World
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