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Nokia expects lower profit in 2025

» Published: 30 January 2025, 07:26

Nokia expects lower profit in 2025
Photo: Jussi Nukari/AP/TT

The Finnish telecom company Nokia made an adjusted operating profit of 1.14 billion euros for the fourth quarter. It was better than the analysts' average forecast of 960 million euros, according to a forecast compilation.

Sales revenues amounted to 5.98 billion euros, also slightly better than expected. Revenues from the network division decreased by 0.8 percent compared to the fourth quarter of 2023.

For the full year 2025, management expects a lower profit than in 2024. The operating profit for the whole of 2024 landed at 2.62 billion euros.

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By TTThis article has been altered and translated by Sweden Herald

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