2007-10-18

Nokia reports Q3 2007 net sales of EUR 12.9 billion and EPS of EUR 0.40

Nokia market share grows to an estimated 39%; total device operating margin up sequentially

Third quarter 2007 highlights
• Nokia diluted EPS of EUR 0.40, excluding special items, growing 74% from Q3 2006.
• Nokia operating cash flow of EUR 2.0 billion.
• Nokia operating margin of 14.6%, up sequentially from 11.0% in Q2 2007, excluding special items.
• Nokia device volumes of 111.7 million units, up 11% sequentially and up 26% year on year.
• Estimated industry device volumes of 286 million units, up 9% sequentially and up 17% year on year.
• Nokia estimated device market share of 39%, up from 38% in Q2 2007 and up from 36% in Q3 2006.

Olli-Pekka Kallasvuo, Nokia CEO: Nokia strengthened its leading position in the device industry in the third quarter. In a strong market, we simultaneously gained market share and increased our operating margins. The quality and depth of our device portfolio continues to give us a good competitive edge and we believe our portfolio looks promising for next year.

Full report

Information about the company: Nokia Oyj