Home arrow Latest news arrow Alcatel-Lucent posts revenues of €17.79bn for 2007 Sunday, 20 July 2008
 
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Alcatel-Lucent posts revenues of €17.79bn for 2007

February 8, 2008 – Alcatel-Lucent has announced total revenues of €17.79bn for 2007 as a whole, down 2.5% year on year by current exchange rates.

Operating profit for the full year reached €110mn, representing 0.6% of revenues.  For the fourth quarter of 2007, revenues grew 18.4% year-on-year to reach €5.234bn.  During the same three months, the Carrier business segment increased its revenue by 16.2% year-on-year, while the Services business segment registered 27% growth, and the Enterprise segment was up 3.8%.

“This quarter, we delivered solid year-over-year revenue growth of 18.4% with the strongest performance in the carrier and services businesses,” said Patricia Russo, CEO of Alcatel-Lucent.  “These results reflect the strengthening of our position in IP and optics, a recovery of our GSM business and the ramp up of WCDMA.

“While the long term prospects of our industry look good, the macroeconomic environment has created uncertainty in our markets in the last few months.  Our initial projections for 2008 indicate that the global Telecommunications equipment and related services market should be flat to slightly up at constant EUR/USD rate and slightly down at current rate.”

 
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