Nokia Lumia

Apr 18, 2008

Nokia Q1 2008 net sales up 28%

- Nokia net sales of EUR 12.7 billion, up 28% year on year (up 35% at constant currency).

- Nokia diluted EPS of EUR 0.38, growing 46% from Q1 2007, excluding special items.

- Nokia operating margin of 14.7%, up year on year from 13.6% in Q1 2007, down sequentially from 15.9% in Q4 2007, excluding special items.

- Nokia Devices & Services operating margin of 21.2%, up year on year from 16.0%, down sequentially from 22.8% in Q4 2007, excluding special items.

- Nokia operating cash flow of EUR 0.8 billion.

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