Telecommunications and wireless equipment maker Nokia Corp. says second-quarter net profit was €347 million euros ($383 million), with growth particularly strong in its core networks division.
Overall sales increased 9 percent to 3.2 billion euros, with higher software sales and global demand for mobile broadband. Net profit a year earlier was 213 million euros but is not directly comparable because of discontinued operations.
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CEO Rajeev Suri said Thursday that all three of the Finnish company's remaining business sectors performed very well and it was "well positioned to deliver on our full-year 2015 commitments."
Nokia, which was unable to meet the challenges of Apple, Samsung and Asian phone makers, has seen a turnaround in its business since selling its ailing handset unit to Microsoft for 5.4 billion euros in 2013.