Nokia raises full-year profit forecast after stronger-than-expected adjusted earnings

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Nokia raises full-year profit forecast after stronger-than-expected adjusted earnings
Photo: Joan Mateu Parra/AP/TT

Adjusted for non-recurring items, operating profit was 434 million euros, compared with an expected 372 million, according to Bloomberg.

Net revenue rose 8 percent to EUR 4.8 billion.

In the interim report, Nokia adjusts its forecast for full-year profit to EUR 2.1-2.6 billion, up from EUR 2.0-2.5 billion in the previous forecast.

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By TT News AgencyEnglish edition by Sweden Herald, adapted for our readers

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