Alcatel-Lucent warns on full year performance

Alcatel-Lucent warns on full year performance

Infrastructure manufacturer Alcatel-Lucent has warned it may miss its profit target for 2012 and lose 40m in its second quarter.

The company is due to report its second quarter figures later this month. It said while it expected sales of more than 3.5bn and fixed costs to shrink by more than 100m on last year, profits would be hit because of its year-to-date (YTD) performance and the difficult macroeconomic environment.

Alcatel-Lucent is due to issue more details on its financial performance and reveal its second quarter earnings on 26 July.

Editor: Graeme Neill

Written by Mobile Today
Mobile Today


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