The world's biggest mobile phone maker, Nokia, has said its underlying profits rose in line with expectations in the second quarter of the year.
The company said growth was helped by robust demand for cheaper phones in emerging markets such as India. Nokia said sales volumes in the mobile phone industry would grow 10% or more in 2008.
The company said earnings per share for the three months, excluding once-off items, rose to 36 cent from 32 cent a year earlier.
But Nokia's average selling price for phones in the second quarter fell short of expectations, down to €74 from €79 in the first quarter of this year.
Net sales in the quarter rose 4% from a year earlier to just over €13 billion. Net profits dropped by 61% to €1.1 billion, though this included a number of once-off charges.