Alcatel-Lucent net profit improves, sales down 6% in Q4

Friday 6 February 2015 | 08:46 CET | News
Alcatel-Lucent reported fourth-quarter revenues down 6 percent year-on-year to EUR 3.682 billion. Excluding currency effects and managed services, where the company has been exiting unprofitable contracts, revenues were up 2 percent. The company's gross margin expanded by 130 basis points to 34.7 percent in Q4, while the adjusted operating margin dipped to 7.7 percent from 7.8 a year ago. Net profit showed a strong improvement to EUR 271 million from EUR 134 million, helped by lower financing costs and higher tax benefits. Free cash flow, excluding restructuring costs, totaled EUR 420

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Categories: General
Companies: NOKIASUS-20401-Newsfeed
Countries: World
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