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General

Alcatel-Lucent sees positive cash flow, higher margins in Q2

Thursday 30 July 2015 | 08:24 CET | News
Alcatel-Lucent reported second-quarter revenues up 5 percent year-on-year to EUR 3.45 billion. The figure was helped by exchange rate effects, as excluding forex, revenues fell 9 percent from a year ago. Revenues from its core networking business rose 10 percent at constant exchange rates, to EUR 1.68 billion, while revenues from the Access business fell 20 percent to EUR 1.77 billion. The company improved operating profit to EUR 175 million from EUR 139 million a year ago, raising the margin 1 percent point to 5.1 percent. The net loss also narrowed, to EUR 54 million from EUR 298 million,

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