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Nokia suffers poor first quarter profitability

Nokia has suffered poor profitability in the first quarter 2015, with a drop of 13 percent compared with last year, the company said on Thursday.

The company's net sale was 3Nokia has suffered poor profitability in the first quarter 2015, with a drop of 13 percent compared with last year, the company said on Thursday..2 billion euros (3.59 billion U.S. dollars), increased by 20 percent on year-on-year basis, whereas the operating profit (non-IFRS) was 265 million euros, 13 percent less than the same period of last year, according to the interim report.

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