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ExclusiveNokia annual results show a return to profit

The latest financial results from Nokia show the company making a net profit of €41 million for 2013, which compares favourably with a €1.483 billion loss in 2012. Annual net sales for the group were €12.7 billion, down 17% year-on-year.

Nokia’s NSN division - which manufactures network equipment and will be the main part of the company when its devices and services is taken over by Microsoft - made a net profit of €15 million, compared with a net loss of €1.4 billion in 2012.

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