Alcatel Lucent SA Revises Financial Outlook FY 2012
Alcatel Lucent SA announced that based on analysis of second quarter preliminary financial results, Alcatel Lucent SA expects Q2 2012 adjusted operating income to be a loss of around Euro 40 million with revenues above EUR 3.5 billion. These figures 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.
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