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Nokia ups dividend as Q4 profit increases 63%

Thursday 11 February 2016 | 08:28 CET | News
Nokia reported revenues from continuing operations up 3 percent year-on-year in the fourth quarter to EUR 3.6 billion. The result excludes the Here division sold to carmakers. Sales growth was helped by currency effects; excluding these, revenues fell 3 percent. The Networks division posted sales down 5 percent, while the licensing business Nokia Technologies more than doubled sales, thanks to the arbitration pay-out from Samsung. Nokia's net earnings rose to EUR 0.13 per share from EUR 0.08 a year ago, driven by cost reductions. Nokia will pay a dividend of EUR 0.16 per share for 2015 and a

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Categories: Mobile & Wireless
Companies: Alcatel-Lucent / Nokia / Samsung
Countries: World
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