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Electronics Production | October 14, 2004

Nokia net sales € 6,9 billion

Net sales increased 1% to EUR 6 939 million (EUR 6 874 million in Q3 2003), up 8% at constant currency.
Operating profit decreased 20% to EUR 928 million (EUR 1 154 million), with operating margin of 13.4% (16.8%). EPS (diluted) was EUR 0.14 (EUR 0.17) on net profits of EUR 660 million. Mobile Phones net sales of EUR 4 429 million (EUR 5 118 million) were 13% lower than in 2003, with EUR 822 million operating profit (EUR 1 473 million) and operating margin of 18.6% (28.8%). Multimedia net sales increased 94% to EUR 914 million (EUR 471 million). Networks net sales grew 21% to EUR 1 470 million (EUR 1 217 million), with EUR 181 million operating profit (EUR 4 million) and an operating margin of 12.3% (0.3%). Enterprise Solutions net sales increased 52% to EUR 172 million (EUR 113 million).

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