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Nokia reported no earning in the second quarter

Thursday, 18 July 2013
Finnish mobile phone manufacturer, Nokia reported earnings per share excluding extraordinary expenses (non-IFRS) at 0:00 euros for the second quarter of 2013. Analysts' expectations a low or a minus 0:02 Euros per share, according to analysts monitored in Sweden.

Nokia Group non-IFRS EPS in Q2 2013 was EUR 0.00; reported EPS was EUR -0.06.

Summary from Nokia is reported follows thus

Nokia Group achieved underlying operating profitability for the fourth consecutive quarter, with a Q2 non-IFRS operating margin of 5.3%, driven by strong performance of Nokia Siemens Networks.
Nokia Group ended Q2 with a strong balance sheet and solid cash position, with gross cash of EUR 9.5 billion and net cash of EUR 4.1 billion. Nokia Siemens Networks’ contribution to Nokia Group gross and net cash was EUR 2.5 billion and EUR 1.4 billion respectively.
Nokia Siemens Networks achieved underlying profitability for the fifth consecutive quarter, with a Q2 non-IFRS operating margin of 11.8%, reflecting record non-IFRS gross margin and continued progress relative to its strategy. This exceeded the earlier expectation for Nokia Siemens Networks non-IFRS operating margin to be approximately 5%, plus or minus four percentage points.
Devices & Services achieved Q2 non-IFRS operating margin of negative 1.2%, which was consistent with the earlier expectation for approximately negative 2%, plus or minus four percentage points.
HERE achieved Q2 non-IFRS operating margin of 3.4%. This exceeded the earlier expectation for a negative non-IFRS operating margin.

More from Nokia's interim report