Nokia reports fourth quarter 2006 net sales of EUR 11.7 billion, EPS of EUR 0.32 and Nokia reports 2006 net sales of EUR 41.1 billion, EPS of EUR 1.05 .
Q4 2006 NOKIA HIGHLIGHTS
- Nokia net sales up 16% sequentially and 13% year on year
- Nokia reported diluted EPS was EUR 0.32, and excluding special items was EUR 0.30
- Nokia gross margin 32.4%, up from 30.9% in Q3 2006, and gross margins were sequentially up in all
business groups
- Nokia operating margin 13.3%, up from 12.2% in Q3 2006 (excluding special items)
- Nokia operating cash flow EUR 1.7 billion
- Nokia device ASP of EUR 89, down from EUR 93 in Q3 2006
- Nokia quarterly device volumes 106 million units, up 19% sequentially and 26% year on year
- Nokia estimated device market share 36%, unchanged from Q3 2006 and up from 34% in Q4 2005
- Estimated industry Q4 device volumes 290 million units, up 19% sequentially and year on year
- Nokia's Networks business group net sales up 21% sequentially and 12% year on year
I am very pleased with Nokia's excellent quarterly and full year growth and performance, and I would like to personally thank the Nokia team for their great effort in making this happen. We achieved record device volumes, net sales and EPS for both the fourth quarter and full year 2006. Also, on a sequential basis profitability improved significantly, with gross margins for the quarter up in all Nokia business groups, says Olli-Pekka KallaSVUO, Nokia CEO
During 2006, Nokia continued to have excellent operating cash flow of EUR 4.5 billion, and we distributed EUR 4.9 billion to our shareholders through dividends and buybacks.
The complete press release with tables is available at
Nokia
Source:
Nokia
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