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Nokia's surprise profit rise fails to salvage 2019 dividend

FILE PHOTO: Visitors gather outside the Nokia booth at the Mobile World Congress in Barcelona
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HELSINKI (Reuters) - Cost cuts helped Nokia to a surprise rise in its October-December underlying profit on Thursday, although the Finnish telecom network equipment maker flagged tough times ahead and said it would not propose a dividend for 2019.Nokia slashed its outlook in October and halted dividend payouts, blaming a need to step up investments in 5G and knocking more than a fifth from its..
Date Published: Feb 06, 2020
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