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TECHNOLOGY: Nokia Q3 Results; Sales Weaker, Op Profit Stronger

TECHNOLOGY

Ba1/BBB-/BBB-

Ongoing top-line weakness albeit the cost savings programme has again taken the bite out of the impact with both op profit and FCF better YoY. Still looks a worse report than Ericsson’s on Monday.

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Ba1/BBB-/BBB-

Ongoing top-line weakness albeit the cost savings programme has again taken the bite out of the impact with both op profit and FCF better YoY. Still looks a worse report than Ericsson’s on Monday.

Keep reading...Show less