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Nokia widens losses in 2017

Feb 01, 2018 - 5:18 PM

Nokia said in a statement that it booked a full-year after-tax loss of 1.49 billion euros ($1.8 billion) last year. At an underlying level, Nokia was back in the black, turning in an operating profit of 16 million euros, compared with a loss of 1.1 billion euros a year earlier.

NOKIA. A photo taken on September 7, 2017 shows the Nokia Paris-Saclay campus research centre in Nozay, near Paris. File photo by Thomas Samson/AFP