Report
Stephane Houri

Nokia : Un contre temps sur la 5G, mais pas de remise en cause fondamentale

>Résultats T4 18 de bonne facture, portés par les Réseaux - Le CA T4 18 s’est élevé à 6 869 M€ (contre 6 648 M€ attendus par le consensus), en hausse de 3% à taux de change constants. Le CA Réseaux ressort quant à lui à 6 215 M€ (vs un consensus de 5 981 M€), en croissance de 6% y-o-y à tcc (3% au T3). Le management souligne une dynamique particulièrement porteuse en Amérique du Nord (+17% au T4 et +5% sur l’année). Sur 2018, Réseaux ressort à +2% vs un marché évalué ...
Underlying
Nokia Oyj

Nokia is an Internet and communications technology company based in Finland. Co.'s operations are focused on three businesses: network infrastructure software, hardware and services, which Co. offers through Networks; location intelligence, which Co. provides through HERE; and advanced technology development and licensing, which Co. pursues through Technologies. Co. maintains a global presence with operations and Researh & Development facilities located in Europe, North America and Asia, and sales in approximately 130 countries. Co. has an installed base of around 600 customers worldwide and these operators serve over 4 billion subscribers.

Provider
Oddo BHF
Oddo BHF

​Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.

Analysts
Stephane Houri

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