BEAMSTART Logo

Nokia Corporation Financial Report for Q4 and full year 2024

GlobeNewswire LogoGlobeNewswire19h ago

Nokia Corporation Financial Report for Q4 and full year 2024 - GlobeNewswire

Quick Summary:

RISK FACTORS Nokia and its businesses are exposed to a number of risks and uncertainties which include but are not limited to: Competitive intensity, which is expected to continue at a high level as some competitors seek to take share;Changes in customer network investments related to their ability to monetize the network;Our ability to ensure competitiveness of our product roadmaps and costs through additional R&D investments;Our ability to procure certain standard components and the costs thereof, such as semiconductors;Disturbance in the global supply chain;Impact of inflation, increased global macro-uncertainty, major currency fluctuations, changes in tariffs and higher interest rates;Potential economic impact and disruption of global pandemics;War or other geopolitical conflicts, disruptions and potential costs thereof;Other macroeconomic, industry and competitive developments;Timing and value of new, renewed and existing patent licensing agreements with licensees;Results in brand and technology licensing; costs to protect and enforce our intellectual property rights; on-going litigation with respect to licensing and regulatory landscape for patent licensing;The outcomes of on-going and potential disputes and litigation;Our ability to execute, complete, successfully integrate and realize the expected benefits from our ongoing transactions;Timing of completions and acceptances of certain projects;Our product and regional mix;Uncertainty in forecasting income tax expenses and cash outflows, over the long-term, as they are also subject to possible changes due to business mix, the timing of patent licensing cash flow and changes in tax legislation, including potential tax reforms in various countries and OECD initiatives;Our ability to utilize our Finnish deferred tax assets and their recognition on our balance sheet;Our ability to meet our sustainability and other ESG targets, including our targets relating to greenhouse gas emissions; as well the risk factors specified under Forward-looking statements of this release, and our 2023 annual report on Form 20-F published on 29 February 2024 under Operating and financial review and prospects-Risk factors.

These forward-looking statements reflect Nokia's current expectations and views of future developments and include statements regarding: A) expectations, plans, benefits or outlook related to our strategies, projects, programs, product launches, growth management, licenses, sustainability and other ESG targets, operational key performance indicators and decisions on market exits; B) expectations, plans or benefits related to future performance of our businesses (including the expected impact, timing and duration of potential global pandemics, geopolitical conflicts and the general or regional macroeconomic conditions on our businesses, our supply chain, the timing of market changes or turning points in demand and our customers’ businesses) and any future dividends and other distributions of profit; C) expectations and targets regarding financial performance and results of operations, including market share, prices, net sales, income, margins, cash flows, cost savings, the timing of receivables, operating expenses, provisions, impairments, taxes, currency exchange rates, hedging, investment funds, inflation, product cost reductions, competitiveness, revenue generation in any specific region, and licensing income and payments; D) ability to execute, expectations, plans or benefits related to our ongoing transactions, investments and changes in organizational structure and operating model; E) impact on revenue with respect to litigation/renewal discussions; and F) any statements preceded by or including "anticipate", "continue”, "believe”, "envisage”, "expect”, "aim”, "will”, "target”, "may”, "would”, "see", "plan” or similar expressions.

Considering the pending Infinera acquisition along with the transfer of Managed Services from Cloud and Network Services to Mobile Networks (further details of this transfer are included in the Additional Topics section), Nokia is not currently providing assumptions by business group as it did previously. Full year 2025Group Common and Other operating expensesapproximatelyEUR 400 millionComparable financial income and expensesPositive EUR 50 to 150 millionComparable income tax rate~25%Cash outflows related to income taxesEUR 450 millionCapital ExpendituresEUR 550 million 2026 TARGETS Nokia's current targets for its existing perimeter of the business for 2026 are outlined below.

or

Article Details

Author / Journalist: Nokia Oyj

Category: Technology

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-01-30 @ 06:00:00 (19 hours ago)

News Timezone: GMT +8:00

News Source URL: globenewswire.com

Language: English

Article Length: 2637 words

Reading Time: 15 minutes read

Sentences: 97 lines

Sentence Length: 28 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © GlobeNewswire

News ID: 25620104

View Article Analysis

About GlobeNewswire

Main Topics: Technology

Official Website: globenewswire.com

Update Frequency: 73 posts per day

Year Established: 1998

Headquarters: China

News Last Updated: 8 hours ago

Coverage Areas: China

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #116

Publisher Details

Frequently Asked Questions

How long will it take to read this news story?

The story "Nokia Corporation Financial Report for Q4 and full year 2024" has 2637 words across 97 sentences, which will take approximately 11 - 22 minutes for the average person to read.

Which news outlet covered this story?

The story "Nokia Corporation Financial Report for Q4 and full year 2024" was covered 19 hours ago by GlobeNewswire, a news publisher based in China.

How trustworthy is 'GlobeNewswire' news outlet?

GlobeNewswire is a fully independent (privately-owned) news outlet established in 1998 that covers mostly technology news.

The outlet is headquartered in China and publishes an average of 73 news stories per day.

It's most recent story was published 8 hours ago.

What do people currently think of this news story?

The sentiment for this story is currently Negative, indicating that people regard this as "bad news".

How do I report this news for inaccuracy?

You can report an inaccurate news publication to us via our contact page. Please also include the news #ID number and the URL to this story.
  • News ID: #25620104
  • URL: https://beamstart.com/news/nokia-corporation-financial-report-for-17382168921

BEAMSTART

BEAMSTART is a global entrepreneurship community, serving as a catalyst for innovation and collaboration. With a mission to empower entrepreneurs, we offer exclusive deals with savings totaling over $1,000,000, curated news, events, and a vast investor database. Through our portal, we aim to foster a supportive ecosystem where like-minded individuals can connect and create opportunities for growth and success.

© Copyright 2025 BEAMSTART. All Rights Reserved.