Imark
Forumer storico
Trimestrale di Alcatel Lucent, non particolarmente brillante, con una perdita di 182 mln euro (il raffronto con il risultato dello scorso anno è tuttavia bugiardo, in quanto la minor perdita registrata allora rispetto ad oggi era stata effetto di poste positive una tuntum).
La società ha replicato il suo target di tornare in nero, quantomeno valutando il solo ambito operativo, già entro la fine del 2009, nonostante i 327 mln euro di perdita operativa accumulati nei primi 3 trimestri. Il calo del fatturato nel trimestre si è attestato sul 9,3% y-o-y.
In postivo, è stato conseguito l'80% del progettato taglio dei costi per un totale di 750 mln di euro da realizzare entro l'anno e il margine lordo in termini percentuali è cresciuto nel trimestre di uno 0,4% su base annua.
A-L reitera il target di una riduzione del mercato in cui opera compresa fra l'8% ed il 12% nel 2009, con una lieve ripresa nel 2010.
Alcatel-Lucent Q3 loss widens to $269 million
Alcatel-Lucent net loss widens to $269 million in 3rd quarter as carrier sales fall in Europe
Alcatel-Lucent, headquartered in Paris and with North American operations based in Murray Hill, New Jersey, said Friday that losses reached euro182 million ($269 million) in the period, more than the euro40 million it lost a year earlier and worse than analysts had forecast.
Alcatel-Lucent stock fell 5.8 percent in morning trading to euro2.71.
The company said it still expects to be close to break even at an adjusted operating level this year, despite having accumulated euro327 million in losses by that measure through the first three quarters of the year.
Alcatel-Lucent, which is one of the world's biggest suppliers of networking gear and services for wireless and fixed telecommunications operators, said its revenue fell 9.3 percent in the third quarter to euro3.7 billion.
The drop was driven by double-digit declines in older technologies such as 2G wireless, as operators have slashed invesment in response to the global economic slowdown.
Earlier this week France Telecom SA, one of Alcatel-Lucent's biggest customers, said it had sharply cut back its capital spending in a bid to conserve cash and focus on reducing its debt.
Alcatel-Lucent's third quarter performance was on par with the disappointing earnings reported earlier this month by its main European rivals, LM Ericsson AB of Sweden and Nokia Corp. of Finland.
In a conference call with reporters, Chief Executive Ben Verwaayen highlighted Alcatel-Lucent's improved operating profitability in the quarter, noting the 0.4 percentage point improvement in the company's adjusted gross operating margin versus a year earlier. And that was despite the lower revenue.
He credited Alcatel-Lucent's ongoing cost-reduction efforts for the improved operating margin.
The CEO said Alcatel-Lucent has achieved 80 percent of an intended euro750 million cost reduction plan targeted for this year, as the company seeks to shore up its margins amid falling sales.
Alcatel-Lucent has been struggling for years to justify the 2006 trans-Atlantic merger that created it with the aim of becoming a global telecommunications leader. Total losses generated by the company since then now top euro9 billion, and Verwaayen has warned investors not to expecct a full-year profit until 2011.
Verwaayen is an outsider brought in by Alcatel-Lucent's board to attempt to turn the company around after the merger's original architects, Serge Tchuruk of Alcatel and Patricia Russo of Lucent Technologies, were unable to do so.
He has sought to put aside questions over the merger's original justification, saying he's focused on the future not the past.
The company's stock has soared nearly 90 percent so far this year on speculation that it is a target in the next round of industry consolidation. Verwaayen said last month that the company wasn't in any merger and acquisition talks.
Verwaayen also reiterated his outlook for the global telecoms equipment market to contract between 8 percent and 12 percent this year, and to return to slight growth in 2010.
La società ha replicato il suo target di tornare in nero, quantomeno valutando il solo ambito operativo, già entro la fine del 2009, nonostante i 327 mln euro di perdita operativa accumulati nei primi 3 trimestri. Il calo del fatturato nel trimestre si è attestato sul 9,3% y-o-y.
In postivo, è stato conseguito l'80% del progettato taglio dei costi per un totale di 750 mln di euro da realizzare entro l'anno e il margine lordo in termini percentuali è cresciuto nel trimestre di uno 0,4% su base annua.
A-L reitera il target di una riduzione del mercato in cui opera compresa fra l'8% ed il 12% nel 2009, con una lieve ripresa nel 2010.
Alcatel-Lucent Q3 loss widens to $269 million
Alcatel-Lucent net loss widens to $269 million in 3rd quarter as carrier sales fall in Europe
- By Greg Keller, AP Business Writer
- On 6:30 am EDT, Friday October 30, 2009
Alcatel-Lucent, headquartered in Paris and with North American operations based in Murray Hill, New Jersey, said Friday that losses reached euro182 million ($269 million) in the period, more than the euro40 million it lost a year earlier and worse than analysts had forecast.
Alcatel-Lucent stock fell 5.8 percent in morning trading to euro2.71.
The company said it still expects to be close to break even at an adjusted operating level this year, despite having accumulated euro327 million in losses by that measure through the first three quarters of the year.
Alcatel-Lucent, which is one of the world's biggest suppliers of networking gear and services for wireless and fixed telecommunications operators, said its revenue fell 9.3 percent in the third quarter to euro3.7 billion.
The drop was driven by double-digit declines in older technologies such as 2G wireless, as operators have slashed invesment in response to the global economic slowdown.
Earlier this week France Telecom SA, one of Alcatel-Lucent's biggest customers, said it had sharply cut back its capital spending in a bid to conserve cash and focus on reducing its debt.
Alcatel-Lucent's third quarter performance was on par with the disappointing earnings reported earlier this month by its main European rivals, LM Ericsson AB of Sweden and Nokia Corp. of Finland.
In a conference call with reporters, Chief Executive Ben Verwaayen highlighted Alcatel-Lucent's improved operating profitability in the quarter, noting the 0.4 percentage point improvement in the company's adjusted gross operating margin versus a year earlier. And that was despite the lower revenue.
He credited Alcatel-Lucent's ongoing cost-reduction efforts for the improved operating margin.
The CEO said Alcatel-Lucent has achieved 80 percent of an intended euro750 million cost reduction plan targeted for this year, as the company seeks to shore up its margins amid falling sales.
Alcatel-Lucent has been struggling for years to justify the 2006 trans-Atlantic merger that created it with the aim of becoming a global telecommunications leader. Total losses generated by the company since then now top euro9 billion, and Verwaayen has warned investors not to expecct a full-year profit until 2011.
Verwaayen is an outsider brought in by Alcatel-Lucent's board to attempt to turn the company around after the merger's original architects, Serge Tchuruk of Alcatel and Patricia Russo of Lucent Technologies, were unable to do so.
He has sought to put aside questions over the merger's original justification, saying he's focused on the future not the past.
The company's stock has soared nearly 90 percent so far this year on speculation that it is a target in the next round of industry consolidation. Verwaayen said last month that the company wasn't in any merger and acquisition talks.
Verwaayen also reiterated his outlook for the global telecoms equipment market to contract between 8 percent and 12 percent this year, and to return to slight growth in 2010.
