Non-IFRS diluted EPS in Q2 2019 was EUR 0.05, compared to EUR 0.03 in Q2 2018, primarily driven by solid operational execution, which yielded gross profit improvements across Networks, Nokia Software and Nokia Technologies.
Reported diluted EPS in Q2019was negative EUR 0.03, compared to negative EUR 0.05in Q2 2018, primarily driven by higher gross profit, partially offset by a net negative fluctuation infinancial income and expenses.
In Q2 2019, net cash and current financial investments decreased sequentially by approximately EUR 1.5bn. Thisdecrease was primarily due to anticipatedcash outflows including the payment of 2018 performance-related incentives to employees, payment of the quarterlydividend, as well as restructuring and associated cash outflows,which together totaled approximately EUR 900 million. In addition, approximately EUR 350 million of the decline was temporary in nature and is expected to reverse in the second half of 2019.
Full year 2019 guidance maintained, with seasonality characterized by weakerfirst and third quarters and stronger second and fourth quarters, with a particularly weak Q1 and an expectedparticularly strong Q4.
Quelle: Nokia
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