Nokia announces EUR 7 billion program to optimize capital structure and accelerates EUR 900 million synergy target, ahead of planned public exchange offer for Alcatel-Lucent securities

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Go back to Nokia announces EUR 7 billion program to optimize capital structure and accelerates EUR 900 million synergy target, ahead of planned public exchange offer for Alcatel-Lucent securities

Nokia (NOK) Reports Q3 EPS of EUR0.08; Announces EUR 7B Capital Structure Optimization Program

October 29, 2015 6:15 AM EDT

Nokia (NYSE: NOK) reported Q3 EPS of EUR0.08, versus EUR0.09 reported last year. Revenue for the quarter came in at EUR3 billion, versus EUR3.1 billion reported last year.

CEO STATEMENT

Nokia's third-quarter can be summarized in two words: progress and performance. Progress in moving the Alcatel-Lucent transaction closer to completion and solid performance across all of our businesses.

The performance at Nokia Networks was the highlight of the quarter, and allowed us to raise our full-year outlook for that business. Even if I am not pleased with the overall sales... More