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Technology Stocks : Nokia Corp. (NOK) -- Ignore unavailable to you. Want to Upgrade?

To: Eric L who wrote (2209)	4/18/2002 7:37:03 AM
From: Eric L	Read Replies (1) \| Respond to of 9255

NOKIA IN THE FIRST QUARTER OF 2002 Nokia exceeds 1Q profit targets on slightly lower sales. Better-than-expected profitability in mobile phones offsets challenging network environment First quarter 2002 compared with first quarter 2001: * Net sales decreased 12% to EUR 7 014 million (EUR 8 007 million in 1Q 2001) * Pro forma operating profit was EUR 1 286 million (EUR 1 440 million) * operating margin was 18.3% (18.0%) * Pro forma adjustments EUR 52 million in goodwill amortization * Pro forma earnings per share (diluted) was EUR 0.19 (EUR 0.22) * Reported (IAS) net profit was EUR 863 million (EUR 975 million) and reported earnings per share (diluted) was EUR 0.18 (EUR 0.20)