HERE Revenue up 15% in Q4 2014 But Profit Falls

Nokia announced today the financial results of its subsidiary HERE with 15% year-on-year growth in net sales, from €255 million in Q4 2013 to €292 million in Q4 2014, primarily due to HERE’s sales in the automotive market.

Nokia however posted an operating profit of €20 million in the quarter, down 20 % against the same quarter last year.