- Nokia’s Cloud & Network Services net sales were €567 million, below the estimated €638.8 million.
- Nokia Technologies outperformed expectations with net sales of €369 million compared to the estimated €354.5 million.
- Group Common & Other reported net sales of €4 million.
- Mobile Networks posted a significant operating loss of €152 million, exceeding the estimated loss of €21.6 million.
- Network Infrastructure recorded an operating profit of €135 million, which fell short of the €152.7 million estimate.
- Cloud & Network Services generated an operating profit of €14 million.
- Nokia Technologies achieved an operating profit of €259 million, slightly lower than the projected €262.2 million.
- Group Common & Other reported an operating loss of €99 million, deeper than the anticipated €94.8 million loss.
- The gross margin for Mobile Networks was 30.9%, underperforming compared to the 38.2% estimate.
- Network Infrastructure exceeded expectations with a gross margin of 40.6% versus the anticipated 39.9%.
- The gross margin for Cloud & Network Services was 45.9%, significantly above the estimate of 37.9%.
- Nokia Technologies reported a perfect gross margin of 100%, surpassing the estimate of 96.4%.
- Analyst recommendations include 16 buys, 10 holds, and 5 sells.
“`
A look at Nokia OYJ Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 4 | |
| Dividend | 3 | |
| Growth | 3 | |
| Resilience | 4 | |
| Momentum | 4 | |
| OVERALL SMART SCORE | 3.6 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
According to Smartkarma Smart Scores, Nokia OYJ seems to have a positive long-term outlook. With a strong Value score of 4, the company is perceived as having good value relative to its price. Additionally, Nokia OYJ receives favorable ratings in Resilience and Momentum, with scores of 4 for both factors. This indicates that the company is resilient to economic volatility and has positive momentum in its market performance.
In terms of Dividend and Growth, Nokia OYJ scores a 3 on both factors. While the scores are not as high as Value, Resilience, and Momentum, they still suggest a moderate outlook for dividend distribution and growth potential. Overall, Nokia OYJ, a global communications company with a network of production and research facilities, is positioned well for the future based on the Smartkarma Smart Scores analysis.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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