By Telecom
Lead Team: Alcatel-Lucent has clocked 2.1 percent decrease in 2011 revenue at
15.32 billion euros against 15.65 billion euros in 2010.
Net profit
in 2011 was 1.09 billion euros against a net loss of 334 million euros in 2010.
Alcatel-Lucent’s
revenue in Q4 2011 declined 13 percent to 4.15 billion euros from 4.76 billion
euros in 2010.
Q4 2011
net profit was 868 million euros against 340 million euros in Q4 2010.
Networks
revenue grew to 9.65 billion euros in 2011 from 9.64 billion euros, growing 0.1 percent.
Software
and services business reported 1.7 percent dip in revenue to 4.4 billion
euros in 2011.
Enterprise
segment grew to 1.2 billion euros from 1.18 billion euros, growing at
2.4 percent
We were
operating in a challenging environment in 2011. Looking ahead, we target, in
2012, additional savings of 200 million euros in fixed costs and 300 million
euros in variable costs. We will continue to strengthen our portfolio, drawing
upon an innovation pipeline of software assets and breakthroughs in wireless
and fixed-line technologies such as lightRadio, 100G coherent technology, IP
and vectoring – innovations that enable operators to quickly adapt to the
continuing explosion of data and content,” said Ben Verwaayen, CEO,
Alcatel-Lucent.
Alcatel-Lucent
said networks saw a double digit decrease this quarter. Within that segment,
the IP business while declining at a low double digit rate due to a high
comparison base, recorded the second highest quarter in revenues ever.
In the
wireline business, the strong sequential catch up has been driven by all the
product lines. The double digit decline in Wireless activities mainly results
from lower spending after several quarters of strong activity.
Software,
Services & Solutions decreased at a mid-single digit rate with high single
digit growth in Managed Services. Finally, Enterprise segment was flat this
quarter, data posting another quarter of growth.
From a
geographic standpoint, also adjusted for constant currency, there was a weaker
fourth quarter in North America after several strong previous quarters. Central
and Latin America maintained a double digit growth rate while Europe and Asia
Pacific regions declined at a double digit rate.
