Nokia Earnings: Striving Hard To Sustain The Improvement In Networks Margins

The company's overall revenues increased 9% driven by a 6% rise in Nokia Networks' revenues, 25% growth at HERE and a 31% increase in Nokia Technologies' revenues. However, the more promising outcome of the earnings was the significant improvement in Nokia Networks operating margins (non-IFRS) following a weak Q1 2015. The segment's operating margins stood at 11.5% in the second quarter, reflecting a year-over-year (y-o-y) increase of 50 basis points and a sequential improvement of 830 basis poi...