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CODE
FI0009000681 - NOK Indice: HEX20
- OMX - Stoxx 50
Groupe
finlandais fabricant de téléphones mobiles et fournisseur
de réseaux de télécommunications fixes et mobiles
incluant les services à la clientèle. Offre aussi des terminaux
multimédias et des écrans d'ordinateur
Premier
constructeur de téléphones portables.
Nokia is the world leader
in mobile communications. Backed by its experience, innovation, user-friendliness
and secure solutions, the company has become the leading supplier of mobile
phones and a leading supplier of mobile, fixed broadband and IP networks.
By adding mobility to the Internet, Nokia creates new opportunities for
companies and further enriches the daily lives of people. Nokia is a broadly
held company with listings on six major exchanges
Nokia
announces investment of USD 75 million in its Chennai manufacturing plant
in India
Chennai,
India - Nokia today announced fresh investments of approximately USD 75
million towards its manufacturing plant in Sriperumbudur, Chennai, India,
for the year 2008. This investment is geared towards enhancing the capacity
of the manufacturing plant to cater to the burgeoning need of the Indian
and other emerging markets. The manufacturing plant currently employs approximately
6000 people.
Nokia
started manufacturing in Chennai in January 2006 and has achieved the distinction
of the fastest ramp up by any Nokia factory worldwide. The plant plays
an integral role in Nokia's global production network of mobile devices.
"We are
extremely pleased with the progress made by our manufacturing plant in
Sriperumbudur, Chennai. The decision to make additional investment in the
plant is a reflection of Nokia's commitment to the Indian mobile communications
industry and of the increasing demand for mobile devices from Asia, Middle
East and Africa. Nokia will continuously strengthen its manufacturing network
to drive greater agility within the business and increase its competitiveness",
said Raimo Puntala, Senior Vice President, Operations and Logistics, Nokia.
Currently,
approximately 50 percent of the production from the plant is consumed domestically
and the rest is exported to countries across Middle East and Africa, Asia,
Australia and New Zealand.
Nokia
completes the Enpocket acquisition
Espoo,
Finland - Nokia today announced that it has completed its acquisition of
Enpocket, a global leader in mobile advertising providing technology and
services that allow brands to plan, create, execute, measure and optimize
mobile advertising campaigns around the world.
"The
Enpocket acquisition is a logical step in establishing Nokia as a leader
in Internet services. With the close of this transaction, we will create
an exciting business focusing on advertising, offering a strong suite of
services and solutions to enable brands, publishers, telecom operators
and others to run targeted advertising and marketing campaigns for mobile
audiences," said Tero Ojanperä, Chief Technology Officer, Nokia.
The
Nokia vision for mobile advertising is to build the largest, high-quality
advertising marketplace; offering advertisers global, targeted reach; offering
mobile operators and publishers a simple way to monetize their mobile assets;
and offering consumers access to rich, interactive, and valuable content
which is available via relevant, interesting and appropriate advertising
Nokia
to acquire NAVTEQ
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The combined entity would create a leading global player in the fast growing
location based services market
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NAVTEQ to support existing customers as before
Espoo,
Finland - Nokia and NAVTEQ today announced a definitive agreement for Nokia
to acquire NAVTEQ. Under the terms of the agreement, Nokia will pay
$78 in cash for each share of NAVTEQ including outstanding options for
an aggregate purchase price of approximately $8.1 billion (€5.7 billion),
or approximately $7.7 billion (€5.4 billion) net of NAVTEQ existing
cash balance. The acquisition has been approved by the board of directors
of each company and is subject to customary closing conditions including
regulatory approvals and NAVTEQ shareholders' approval.
The
navigation area is a fast growing business, and with location-based services
expanding rapidly into mobile communications devices, the industry is poised
for even further growth. NAVTEQ brings a number of key assets to
Nokia: a great team with best-in-world maps and navigation industry expertise,
a strong customer base and an industry-leading map data and technology
platform with the broadest geographical coverage.
NAVTEQ
will continue to provide the most advanced and flexible map data platform
to navigation industry players. With NAVTEQ, Nokia will further strengthen
its location based services offering and bring to market the most innovative,
context aware Nokia Internet services with accelerated time to market.
NAVTEQ
is a leading provider of comprehensive digital map information for automotive
navigation systems, mobile navigation devices, Internet-based mapping applications,
and government and business solutions. NAVTEQ also owns Traffic.com, a
web and interactive service that provides traffic information and content
to consumers. The Chicago-based company was founded in 1985, generated
2006 revenues of $582 million and has approximately 3,000 employees located
in 168 offices in 30 countries.
Nokia
reports Q2 2007 net sales of EUR 12.6 billion and EPS of EUR 0.72
Leading
device portfolio drives estimated 38% market share and strongly increased
device margins
The
complete press release with tables is available at: http://www.nokia.com/results/results2007Q2e.pdf
Nokia
and Nokia Siemens Networks prepare for growth of telecommunications in
Africa at CTO Roundtable
Telecommunications
technology will in the coming years have a profound impact on many societies
in Africa, contributing largely to the economic growth and wealth of millions
of people on the continent.
This
development, and issues related to the regulatory environment supporting
the foreseen growth, will be the major themes of the Commonwealth Telecommunications
Organisation's (CTO) European-African Telecommunications Roundtable in
Helsinki and Bonn, a meeting that will bring together leading decision
makers from Africa, Europe and the telecoms industry.
Espoo,
Finland - The CTO meeting will assemble high-level telecommunications officials
from the organisation's African member countries, with participants representing
communications ministries and regulators from Ghana, Kenya, Namibia, Nigeria,
Rwanda, South Africa, Tanzania, and Uganda. Officials from Finnish and
German government and industry will also take part.
The
roundtable is built around themes including the telecommunications ecosystem:
the socio-economic impact of information and communication technology (ICT)
and telecommunications, case studies from countries including Finland,
and how similar development can be encouraged in New Growth Markets; and
Europe-Africa cooperation, including European ICT initiatives in Africa
and project financing.
Nokia
Siemens Networks and Nokia are playing a key role in the meeting, contributing
speakers and engaging in the dialogue that aims to increase understanding
between the two continents, initiate concrete projects and lay the foundation
for future discussions.
"While
people around the world share the universal desire to connect with others,
Nokia has dedicated itself to develop an unparalleled insight into the
specific needs and aspirations of individuals in emerging markets. Less
than a month ago, Nokia launched seven new phones based on this in-depth
understanding, which are not only designed to be accessible to these consumers,
but to also help spark development within the communities that they live
and work," said Veli Sundback, executive vice president of corporate relations
and responsibility for Nokia.
"By
2015 we expect five billion people will be connected by wire and wirelessly
from one end of the planet to the other, and the clear majority of these
people will come from new growth markets in Asia and Africa. We are committed
to connecting the world, and this event is an excellent opportunity to
engage key stakeholders to help make this vision a reality," said Lauri
Kivinen, head of corporate affairs, Nokia Siemens Networks.
Nokia
reports Q1 2007 net sales of EUR 9.9 billion and EPS of EUR 0.25
Profitability
strong for the quarter - driven by a sequential increase in gross margin
The
complete press release with tables is available at: http://www.nokia.com/results/results2007Q1e.pdf
NOKIA IN THE FIRST QUARTER 2007
EUR
million Q1/2007* Q1/2006** Change %
Net
sales 9 856 9 507 4
Mobile Phones 5 583 5 869 -5
Multimedia 2 252 1 758 28
Enterprise Solutions 326 186 75
Networks 1 697 1 699 0
Operating
profit 1 272 1 367 -7
Mobile Phones 936 1 085 -14
Multimedia 424 323 31
Enterprise Solutions -38 -66
Networks 78 149 -48
Common Group Expenses -128 -124
Operating
margin (%) 12.9 14.4
Mobile Phones (%) 16.8 18.5
Multimedia (%) 18.8 18.4
Enterprise Solutions (%) -11.7 -35.5
Networks (%) 4.6 8.8
Net
profit 979 1 048 -7
EPS,
EUR
Basic 0.25 0.25
Diluted 0.25 0.25
*Q1
2007 special items:
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EUR 32 million restructuring charges (EUR 17 million impacting Enterprise
Solutions operating loss, EUR 10 million impacting Mobile Phones operating
profit, EUR 3 million impacting Multimedia operating profit, and EUR 2
million included in Common Group Expenses).
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EUR 25 million charge related to restructuring of a subsidiary company
(impacting Mobile Phones operating profit)
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EUR 12 million charge for Nokia Siemens Networks related incremental costs
expensed during the first quarter (impacting Networks operating profit).
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Excluding the net impact of these special items, diluted EPS was EUR 0.26.
**Q1
2006 special items:
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EUR 14 million initial restructuring charge for the CDMA business in Mobile
Phones.
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EUR 8 million restructuring charge in Enterprise Solutions.
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Both of these charges impacted operating profit.
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The net impact of these special items on diluted EPS was negligible.
FIRST
QUARTER 2007 HIGHLIGHTS
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Estimated industry device volumes of 253 million units, down 13% sequentially
and up 18% year on year.
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Nokia device volumes of 91.1 million units, down 14% sequentially and up
21% year on year.
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Nokia estimated device market share 36%, at the same level as Q4 2006 and
up from 35% in Q1 2006.
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Nokia device ASP of EUR 89, at the same level as Q4 2006.
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Nokia gross margin of 33.1%, up sequentially from 32.4% in Q4 2006.
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Nokia operating margin of 13.6%, up sequentially from 13.3% in Q4 2006,
excluding special items.
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Nokia diluted EPS of EUR 0.26 excluding special items.
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Nokia operating cash flow of EUR 1.6 billion.
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Multimedia and Enterprise Solutions net sales strong, up sequentially from
Q4 2006.
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Key products started shipping: Nokia 6300, Nokia N95 and Nokia E65.
Nokia
Growth Partners Fund increased with 100 Million USD
Establishes a new Fund of
Funds and special focus on China and India
John Gardner and Paul Asel
to co-manage the fund
Menlo Park, Calif., US and
Espoo, Finland - Nokia Growth Partners, a global private equity and venture
capital management firm backed by Nokia, today announced a significant
expansion of the group's investment plans providing an additional $100million
investment into a Fund of Funds program with a special focus on emerging
technology markets, including India and China. The firm also announced
that John Gardner and Paul Asel, two industry veterans, will lead the expansion
effort.
Launched in 2004, Nokia
Growth Partners' inaugural $100 million Venture Capital Fund invests directly
into growth stage technology companies that share an alignment of business
interests with Nokia.
Nokia Growth Partners has
now created a Fund of Funds program targeting an additional $100 million
of investments in top tier venture funds that offer access to emerging
markets and/or exposure to innovative technologies in domain areas beyond
the scope of Nokia's traditional core businesses.
Building on the earlier
successes of its direct investment Venture Capital Fund, Nokia Growth Partners
will also devote additional resources to increase its activity in Asia,
with specific emphasis on China and India. Nokia Growth Partners will be
managing a combined $200 million of capital between the Venture Capital
Fund and the Fund of Funds program.
"Over the past decade, Nokia
has crafted an innovative, systematic and sustainable strategy to private
equity and venture capital", says Rick Simonson, CFO of Nokia. "An important
tenet at Nokia is to strive to be "best in class" in all areas of operations.
Our investment in BlueRun Ventures, a global early stage venture capital
fund, and Nokia Growth Partners, a strategic global growth fund, provides
Nokia with a holistic approach to gaining access to the innovation and
partnering opportunities created in a broad slice of the venture capital
industry spectrum, all on a disciplined, return on investment basis.
The expansion of the Nokia Growth Partners platform into fund of funds
investing is the logical next step in this continuum."
Nokia is driving to mobilize
the Internet. According to Tero Ojanperä, Nokia's Executive Vice President
and CTO, much of the outside innovation Nokia is looking to find, lies
in areas beyond the company's traditional core businesses.
25/01/07 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 1.05http://www.nokia.com/results/results2006Q4e.pdf
Nokia
reports Q3 2006 net sales of EUR 10.1 billion and EPS of EUR 0.21
Nokia's
device volumes grow 33% year on year to 88.5 million units
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