Interim reports Nokia’s operating profit was again clearly better than forecast

The company’s turnover was EUR 5.4 billion and operating profit excluding non-recurring items was EUR 633 million.

Network devices Nokia’s business in July – September was significantly better than analysts’ expectations.

The company’s turnover was EUR 5.4 billion and operating profit excluding non-recurring items was EUR 633 million. Operating profit was more than EUR 100 million higher than expected.

Analysts estimate in advance that the company’s net sales in July – September would have been EUR 5.4 billion and operating profit excluding non-recurring items EUR 528 million.

“Our increased technology investments and strong demand helped us achieve excellent financial results this quarter as well,” says the CEO Pekka Lundmark in the interim report.

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