Alcatel-Lucent is always worth it. Having recently announced the removal of 15% of its workforce in France, the telecommunications group released Friday a net loss of 146 million in the third quarter. This is well above analysts' forecasts, which projected 108 million. From July to September, the group suffered an operating loss adjusted 125 million, while revenues fell 2.8% year on year to 3.59 billion euros. However, a decline more limited than analysts forecast that anticipated a decline of 6.5%. The action Alcatel-Lucent loses over 6% in early trade on the Paris Stock Exchange on Friday. "The time is firmness" These poor figures will not improve the climate in the French group. In mid-October, it was announced the elimination of not less than 1. 430 posts 9. 000 in France. "This is a blow over in France, a human catastrophe and industrial", was sorry then the CFDT. To explain this restructuring, Ben Verwaayen, the CEO of Alcatel-Lucent, had argued that the "cost structure [Group Editor's note] is not adapted to the new reality of the market" by announcing his " Program Performance "at the end of July. Before adding that "we must be realistic now is the time to firmness."
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