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Na dann gute Nacht, Nassi!
:O
SDI85
:O
SDI85
Was weißt Du, was ich nicht weiß ?
GEWINNWARNUNG!!!
Gruß Saulus
So`n scheiß jetzt die auch...
NOKIA PRESS RELEASE
June 12, 2001
Nokia sees slower market growth affecting second quarter results and
takes actions to expand leadership while maintaining strong
profitability
During the first half of this year, Nokia has continued to perform
strongly in the global mobile communications market and has been able
to strengthen its leading market position. However, the general
economic slowdown in the US has recently shown signs of extending to
other regions and to the wireless telecommunications industry as a
whole.
"We have been able to successfully follow our set strategy of
increasing market share in phones and heading for the leadership
position in third generation mobile networks," says Jorma Ollila,
Chairman and CEO of Nokia. "However, we have recently seen a
weakening in market conditions to levels below our earlier estimates.
We believe that this slowdown is a result of a general market
deterioration - driven by economic uncertainty, the ongoing
technology transition and less aggressive marketing by the
operators.`
Nokia now estimates the global mobile phone market to show only very
modest growth this year compared to 2000, when about 405 million
phones were sold. During the second half of 2001, the company
estimates that the market will be significantly larger than during
the first half. The slower growth is expected to affect
capacity-driven network investments of some operators for the time
being. While it will also lead to slower-than-anticipated growth in
Nokia`s sales, the company believes that its mobile phone business
will continue to grow significantly faster than the market during
2001, and that its network business will achieve an annual growth
rate at least on par with overall market growth.
Nokia also expects weaker market conditions to impact its financial
performance during the second quarter. Based on the first two months
of the current quarter, the company estimates year-on-year sales
growth for the second quarter 2001 to be somewhat below 10% compared
with its earlier estimate of 20%. Diluted pro forma EPS is estimated
to be in the range of EUR 0.15-0.17 in the second quarter 2001,
compared with the previous estimate of approximately EUR 0.20. In the
second quarter 2000, Nokia`s diluted pro forma EPS was EUR 0.21.
Backed by the company`s ongoing excellent working capital management
and healthy profitability, Nokia expects to continue to see strong
positive cash flow in the second quarter.
Nokia is currently revisiting its outlook for the second half of the
year, as the market slowdown is expected to continue having an
adverse effect. Updated estimates for the second half of 2001 will be
released on July 19 in conjunction with the company`s second quarter
earnings release.
Nokia will continue to take determined actions in all areas of the
business to align its operations with the changing market conditions.
Previously announced moves to increase the company´s efficiency and
competitiveness include operational changes to further enhance
customer focus in Nokia Networks, a refocus of production at Nokia
Mobile Phones factories in Texas (US) and Bochum (Germany), and the
re-alignment of Nokia Internet Communications. The financial impact
of these actions will negatively affect Nokia`s reported operating
profit in the second quarter 2001 in the form of a one-time charge of
approximately EUR 190 million, which will include restructuring
charges, as well as goodwill write-offs at Nokia Internet
Communications.
"While market deterioration has had an inevitable impact on Nokia`s
sales growth, our products have remained strong, our market position
has strengthened and we`ve been able to find further efficiencies
through tight control of our own performance. As a result, Nokia has
been able to maintain a high level of profitability,` says Jorma
Ollila.
"We have intensified our efforts to counter changing market
conditions by accelerating ongoing programs and generating
efficiencies and cost savings. This, in combination with our current
financial health and proven performance, should enable us to exit the
current slowdown in a stronger position than before. We will,
together with our operator customers, continue the implementation of
the new technologies with full speed in order to support the
transition into next generation services."
It should be noted that certain statements herein which are not
historical facts, including, without limitation those regarding 1)
the timing of product deliveries; 2) the Company´s ability to develop
and implement new products and technologies; 3) expectations
regarding market growth and developments; 4) expectations for growth
and profitability; and 5) statements preceded by "believes",
"expects", "anticipates", "foresees", or similar expressions, are
forward-looking statements. Because such statements involve risks and
uncertainties, actual results may differ materially from the results
currently expected by the Company. Factors that could cause such
differences include, but are not limited to 1) industry conditions,
such as the strength of product demand, the intensity of competition,
pricing pressures, the acceptability of new product introductions
such as Internet-ready phones, the introduction of new products by
competitors, the impact of changes in technology, including the
Company`s success in the emerging 3G market, the introduction and
marketing of new products and services by operators, the ability of
the Company to source components from third parties without
interruption and at reasonable prices, demand for vendor financing
and the Company`s ability and willingness to provide such financing,
and the success and financial condition of the Company´s strategic
partners and customers; 2) operating factors, such as continued
success of manufacturing activities and the achievement of
efficiencies therein, continued success of product development or
inventory risks due to shifts in market demand; 3) general economic
conditions, such as the rate of economic growth in the Company`s
principal geographic markets and in the wireless telecommunications
industry as a whole, or fluctuations in exchange rates, including
impact of the exchange rate between the euro and the US dollar; as
well as 4) the risk factors specified on pages 21 to 23 of the
Company`s Form 20-F for the year ended December 31, 1999.
Further information:
Nokia
Corporate Communications, Finland
Tel. +358 7180 34424
Investor Relations, Finland
Tel.+ 358 7180 34289
Investor Relations, USA
Tel. +1 972 894 4880
www.nokia.com
Gruß Saulus
So`n scheiß jetzt die auch...
NOKIA PRESS RELEASE
June 12, 2001
Nokia sees slower market growth affecting second quarter results and
takes actions to expand leadership while maintaining strong
profitability
During the first half of this year, Nokia has continued to perform
strongly in the global mobile communications market and has been able
to strengthen its leading market position. However, the general
economic slowdown in the US has recently shown signs of extending to
other regions and to the wireless telecommunications industry as a
whole.
"We have been able to successfully follow our set strategy of
increasing market share in phones and heading for the leadership
position in third generation mobile networks," says Jorma Ollila,
Chairman and CEO of Nokia. "However, we have recently seen a
weakening in market conditions to levels below our earlier estimates.
We believe that this slowdown is a result of a general market
deterioration - driven by economic uncertainty, the ongoing
technology transition and less aggressive marketing by the
operators.`
Nokia now estimates the global mobile phone market to show only very
modest growth this year compared to 2000, when about 405 million
phones were sold. During the second half of 2001, the company
estimates that the market will be significantly larger than during
the first half. The slower growth is expected to affect
capacity-driven network investments of some operators for the time
being. While it will also lead to slower-than-anticipated growth in
Nokia`s sales, the company believes that its mobile phone business
will continue to grow significantly faster than the market during
2001, and that its network business will achieve an annual growth
rate at least on par with overall market growth.
Nokia also expects weaker market conditions to impact its financial
performance during the second quarter. Based on the first two months
of the current quarter, the company estimates year-on-year sales
growth for the second quarter 2001 to be somewhat below 10% compared
with its earlier estimate of 20%. Diluted pro forma EPS is estimated
to be in the range of EUR 0.15-0.17 in the second quarter 2001,
compared with the previous estimate of approximately EUR 0.20. In the
second quarter 2000, Nokia`s diluted pro forma EPS was EUR 0.21.
Backed by the company`s ongoing excellent working capital management
and healthy profitability, Nokia expects to continue to see strong
positive cash flow in the second quarter.
Nokia is currently revisiting its outlook for the second half of the
year, as the market slowdown is expected to continue having an
adverse effect. Updated estimates for the second half of 2001 will be
released on July 19 in conjunction with the company`s second quarter
earnings release.
Nokia will continue to take determined actions in all areas of the
business to align its operations with the changing market conditions.
Previously announced moves to increase the company´s efficiency and
competitiveness include operational changes to further enhance
customer focus in Nokia Networks, a refocus of production at Nokia
Mobile Phones factories in Texas (US) and Bochum (Germany), and the
re-alignment of Nokia Internet Communications. The financial impact
of these actions will negatively affect Nokia`s reported operating
profit in the second quarter 2001 in the form of a one-time charge of
approximately EUR 190 million, which will include restructuring
charges, as well as goodwill write-offs at Nokia Internet
Communications.
"While market deterioration has had an inevitable impact on Nokia`s
sales growth, our products have remained strong, our market position
has strengthened and we`ve been able to find further efficiencies
through tight control of our own performance. As a result, Nokia has
been able to maintain a high level of profitability,` says Jorma
Ollila.
"We have intensified our efforts to counter changing market
conditions by accelerating ongoing programs and generating
efficiencies and cost savings. This, in combination with our current
financial health and proven performance, should enable us to exit the
current slowdown in a stronger position than before. We will,
together with our operator customers, continue the implementation of
the new technologies with full speed in order to support the
transition into next generation services."
It should be noted that certain statements herein which are not
historical facts, including, without limitation those regarding 1)
the timing of product deliveries; 2) the Company´s ability to develop
and implement new products and technologies; 3) expectations
regarding market growth and developments; 4) expectations for growth
and profitability; and 5) statements preceded by "believes",
"expects", "anticipates", "foresees", or similar expressions, are
forward-looking statements. Because such statements involve risks and
uncertainties, actual results may differ materially from the results
currently expected by the Company. Factors that could cause such
differences include, but are not limited to 1) industry conditions,
such as the strength of product demand, the intensity of competition,
pricing pressures, the acceptability of new product introductions
such as Internet-ready phones, the introduction of new products by
competitors, the impact of changes in technology, including the
Company`s success in the emerging 3G market, the introduction and
marketing of new products and services by operators, the ability of
the Company to source components from third parties without
interruption and at reasonable prices, demand for vendor financing
and the Company`s ability and willingness to provide such financing,
and the success and financial condition of the Company´s strategic
partners and customers; 2) operating factors, such as continued
success of manufacturing activities and the achievement of
efficiencies therein, continued success of product development or
inventory risks due to shifts in market demand; 3) general economic
conditions, such as the rate of economic growth in the Company`s
principal geographic markets and in the wireless telecommunications
industry as a whole, or fluctuations in exchange rates, including
impact of the exchange rate between the euro and the US dollar; as
well as 4) the risk factors specified on pages 21 to 23 of the
Company`s Form 20-F for the year ended December 31, 1999.
Further information:
Nokia
Corporate Communications, Finland
Tel. +358 7180 34424
Investor Relations, Finland
Tel.+ 358 7180 34289
Investor Relations, USA
Tel. +1 972 894 4880
www.nokia.com
na prima,
da kommt man nichtsahnend nach Hause und schon auf der Startseite von w:o trifft einem der Schlag...
ein Herzliches DANKESCHÖN an die Jungs von Nokia bei denen nätürlich alles nach "Plan" läuft...
zornige Grüsse
PAYBACK
da kommt man nichtsahnend nach Hause und schon auf der Startseite von w:o trifft einem der Schlag...
ein Herzliches DANKESCHÖN an die Jungs von Nokia bei denen nätürlich alles nach "Plan" läuft...
zornige Grüsse
PAYBACK
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