Interim reports Nokia posted a really good result: Operating profit clearly exceeded expectations and profitability will improve strongly this year

The company’s turnover was EUR 5.3 billion and operating profit excluding non-recurring items was EUR 682 million.

Network devices In April – June, Nokia’s manufacturing business clearly outperformed expectations and the company’s outlook has become much brighter.

The company’s turnover was EUR 5.3 billion and operating profit excluding non-recurring items was EUR 682 million. Analysts estimate in advance that sales would have been EUR 5.2 billion and operating profit EUR 404 million.

The company estimates that the operating profit margin, which measures profitability, will be 10–12 this year, compared to the previous estimate of 7–10.

The news is updated.

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