Alcatel-Lucent reports Q4 and full-year 2013 results
- Significant improvement in operating profitability and segment operating cash flow in Q4 and for 2013 as a whole
- Fixed costs savings of Euro 104 million in Q4, bringing total for 2013 to Euro 363 million
- On track to achieve The Shift Plan 2015 targets, focusing on continued cost reductions, cash generation and profitable growth
- Binding offer received from China Huaxin, a technology investment company, for the acquisition of Alcatel-Lucent Enterprise, valuing Alcatel-Lucent Enterprise at Euro 268 million for 100% on an enterprise value basis. Alcatel-Lucent to retain a 15% minority interest
ABOUT ALCATEL-LUCENT (EURONEXT PARIS AND NYSE: ALU)
Alcatel-Lucent is at the forefront of global communications, providing products and innovations in IP and cloud networking, as well as ultra-broadband fixed and wireless access to service providers and their customers, enterprises and institutions throughout the world.
Underpinning Alcatel-Lucent in driving the industrial transformation from voice telephony to high-speed digital delivery of data, video and information is Bell Labs, an integral part of Alcatel-Lucent and one of the world’s foremost technology research institutes, responsible for countless breakthroughs that have shaped the networking and communications industry. Alcatel-Lucent innovations have resulted in the company being recognized by Thomson Reuters as a Top 100 Global Innovator, as well as being named by MIT Technology Review as amongst 2012’s Top 50 “World’s Most Innovative Companies”. Alcatel-Lucent has also been recognized for innovation in sustainability, being named Industry Group Leader for Technology Hardware & Equipment sector in the 2013 Dow Jones Sustainability Indices review for making global communications more sustainable, affordable and accessible, all in pursuit of the company’s mission to realize the potential of a connected world.
With revenues of Euro 14.4 billion in 2013, Alcatel-Lucent is listed on the Paris and New York stock exchanges (Euronext and NYSE: ALU). The company is incorporated in France and headquartered in Paris.