Vladimír Urbánek (Kurzy.cz)
World markets  |  January 10, 2013 15:17:45

Nokia: Profits cell division surpassed company estimates, shares rise by 16%

Finnish Nokia has announced that its mobile operating profit division of one-off items in the 4Q of last year reached about 2% of sales. In October, while the company warned that the division counts with an operating loss of 6% of sales Peluso minus 4 percentage points.

Nokia recently naakumulovala losses total $ 4.8 mld.EUR. As part of efforts to cut costs after the company has released more than 20,000 employees and closed certain manufacturing and research operations.

For Q1 of this year the company's operations division loss at 2% of sales plus or minus 4 percentage points.

Shares of Nokia responded to the report of growth of 16%.
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