|
|
Alcatel-Lucent Issues Profit Warning
Published on:
Alcatel-Lucent has issued a profits warning and says that it now expects to post a second-quarter financial loss. The company expects to post a loss of EUR40 million (US$49 million), on revenues of EUR3.5 billion.
Alcatel-Lucent had originally expected to at least break even for the fiscal quarter.
The company said that the financials reflect a good sequential growth in sales with all geographies and divisions growing but a slower than expected business mix improvement. Actions on fixed costs however remained strong with a decrease of more than EUR 100 million compared to Q2 2011.
Looking ahead, based on the current order book, Alcatel-Lucent expects the second half of 2012 to be better than the first half, but in light of year-to-date performance and the difficult macro-economic environment, Alcatel-Lucent will not be able to achieve its previously announced adjusted operating margin guidance for the full-year 2012.
Alcatel-Lucent will provide further details on its business performance and full-year guidance during its second quarter earnings presentation on July 26, 2012.
Tags: [alcatel-lucent]
| |
|
| |
|
| |
|
| |