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Motorola Solutions operating profit up 9% to £947m on sales of £5.5bn in 2012

From Wireless Magazine

MR

Record fourth-quarter and full-year sales and operating earnings driven by 12% rise in government sales and despite a 5% decline in enterprise sales compared with 2011

Motorola Solutions has posted fourth-quarter sales for 2012 of $2.4bn (£1.5bn), up 6% from the fourth quarter of 2011, and full-year sales for 2012 of $8.7bn (£5.5bn), up 6% from 2011.

Greg Brown, chairman and CEO of Motorola Solutions

Greg Brown, chairman and CEO of Motorola Solutions

Non-GAAP operating earnings in the fourth quarter of 2012 were $476m (£300m) or 19.5% of sales, compared with $444m (£280m) or 19.3% of sales in the fourth quarter of 2011. For the full year 2012, non-GAAP operating earnings were $1.5bn (£947m) or 17.3% of sales, compared with $1.4bn (£884m) or 16.7% of sales in 2011. (more…)

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