Nokia Technologies is the only division of the company managed to increase revenue in the last quarter

Nokia is also due to publish financial statements. For the Finnish producer ended the third quarter of 2017 financial year.

Ended with revenue in the amount of EUR 5.5 billion. This corresponds to a reduction in annual terms by 7%. Operating profit in counting not according to the method of IFRS amounted to 668 million euros, which is 20% higher than the same period last year. However, by calculating by the above method quarter for Nokia ended with a loss in the amount of 230 million euros.

Net profit not by the method of IFRS amounted to 516 million euros, an increase of almost half. According to the method Nokia recorded a net loss of 190 million euros.

The lion’s share of revenue (of 4.82 billion euros) occurred on unit Networks Business. However, it showed a decline of 9% of sales. The only division of the company that has made revenue growth — Nokia Technologies. Unit the manufacturer brought 483 million euros, improving the rate of 37%. All this is true to count on any methodology.

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