By editorial@silicon.com, 4 February 2000 18:00
NEWS Alcatel has announced a glowing set of Q4 and full year 1999 results, despite a disastrous profits warning just 17 months ago. Operating income of the French telecoms manufacturer rose 28 per cent to E1.275bn in 1999, and the company has reported that all five of its primary business segments are now profitable. Internet and optics, and enterprise and consumer sectors saw the most dramatic rise - over a 20 per cent increase in top line growth. For the full year, net income amounted to E644m; a drop from 1998 profit of E2.34bn on sales of E21.26bn. (For information on previous article see 'In brief: Alcatel tries to stem panic' http://www.silicon.com/a24342 ). However, revenues did increase 8.3 per cent in 1999 to just over E23m. The company also reported accelerated growth in the enterprise and carrier applications services.
In order to post a comment you need to be registered and logged in.
Log in or create your silicon.com account below