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Alcatel Q205 earnings up on expectations

  • 13 July, 2005 11:55

<p>Alcatel trading update: second quarter 2005 earnings better than expected</p>
<p>Paris, 13 July 2005 — Alcatel (Paris: CGEP.PA and NYSE: ALA) today announced preliminary second quarter 2005 earnings:</p>
<p>Revenues of Euro 3.14 billion, an increase of 8% over the same period last year (around 10% at a constant Euro/US$ exchange rate).</p>
<p>This higher than expected revenue growth resulted from a strong momentum in IP routing and optical transmission, mobile communications, and enterprise solutions.</p>
<p>Operating margin amounted to slightly above 8% of revenues.</p>
<p>Diluted EPS of around Euro 0.13 (US$ 0.16* per ADS), and included a positive impact from tax income and a one time capital gain.</p>
<p>(*) E/ADS has been calculated using the US Federal Reserve Bank of New York noon euro/dollar buying rate of US$1.21 as of June 30, 2005.</p>
<p>Second quarter 2005 results will be published on July 28, 2005. Further details will be provided at this time.</p>
<p>About Alcatel</p>
<p>Alcatel provides communications solutions to telecommunication carriers, Internet service providers and enterprises for delivery of voice, data and video applications to their customers or employees. Alcatel brings its leading position in fixed and mobile broadband networks; applications and services, to help its partners and customers build a user-centric broadband world. With sales of EURO 12.3 billion and 56,000 employees in 2004, Alcatel operates in more than 130 countries. For more information, visit Alcatel on the Internet: http://www.alcatel.com</p>
<p>Safe harbor: Safe Harbor statement under the Private Securities Litigation Reform Act of 1995: This press release contains forward-looking statements relating to (i) Alcatel's performance in the second quarter 2005 including second quarter 2005 revenue, operating profit and earnings per share (EPS). These forward looking statements are based on current expectations, forecasts and assumptions that involve risks and uncertainties that could cause actual outcomes and results to differ materially from those projected. For a further list and description of such risks and uncertainties, see the reports filed by Alcatel with the Securities and Exchange Commission. Alcatel disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.</p>

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