Nokia posts surprise quarterly profit rise on cost cuts

Nokia posts surprise quarterly profit rise on cost cuts

4 years ago
Anonymous $-riAjkQg_1

https://www.reuters.com/article/us-nokia-results/nokia-posts-surprise-quarterly-profit-rise-on-cost-cuts-idUSKBN2000IJ

Finnish telecom network equipment maker Nokia reported on Thursday a surprise rise in October-December underlying profit, driven by cost cuts, and said most of its 2020 profit will be generated in the fourth quarter.