Business description: Nokia Oyj

Nokia Oyj specializes in the design, production and marketing of telecommunications equipment. Net sales break down by activity as follows:

- development of mobile broadband network solutions (40.2%): aimed in particular at telecommunications operators. In addition, the group offers professional services (network planning and optimization, systems integration, installation, implementation and maintenance of telecom networks);

- development of network infrastructure solutions (33.9%): IP routers and optical networking solutions.

- software development (15.7%): software for customer experience management, network operations and management, communication, collaboration and billing, IoT solutions and cloud management platforms;

- development of advanced technology (10%);

- other (0.2%).

Net sales are distributed geographically as follows: Europe (33.1%), North America (28%), India (7.1%), China (5.9%), Asia/Pacific (10.6%), Middle East and Africa (10.6%) and Latin America (4.7%).

Number of employees: 78,434

Sales by Activity: Nokia Oyj

Fiscal Period: December 2020 (EUR) 2021 (EUR) 2022 (EUR) 2023 (EUR) 2024 (EUR)

Mobile Networks

- 971.7Cr 1.07TCr 979.7Cr 772.5Cr

Network Infrastructure

- 767.4Cr 904.7Cr 803.7Cr 651.8Cr

Networks

1.69TCr - - - -

Cloud and Network Services

- 308.9Cr 335.1Cr 322Cr 302.2Cr

Nokia Software

265.6Cr - - - -

Technology

140.2Cr 150.2Cr 159.5Cr 108.5Cr 192.8Cr

Group Common Functions and Other

98Cr 26Cr 30Cr 13Cr 3.4Cr

Unallocated Items

-20L - - - -

Eliminations

-3.8Cr - - - -

Eliminations and Unallocated Items

- -3.7Cr -4.8Cr -1.1Cr -70L
See all business segments

Geographical breakdown of sales: Nokia Oyj

Fiscal Period: December 2020 (EUR) 2021 (EUR) 2022 (EUR) 2023 (EUR) 2024 (EUR)

Europe

- - - - 636.2Cr

North America

- - - - 538.1Cr

Other Asia-Pacific

- - - - 204.2Cr

Middle East & Africa

- - - - 203.3Cr

India

94Cr 102.2Cr 128.3Cr 283.5Cr 137.3Cr

China

91Cr - - - 113.4Cr

Latin America

- - - - 90Cr

France

144.4Cr - - 79Cr -

Japan

- 103Cr 90Cr - -

United States

675.1Cr 679.1Cr 794.9Cr 537.3Cr -

Finland

148Cr 160.5Cr 169.7Cr 119.2Cr -

Great Britain

- - - 79Cr -

Other

1.03TCr 1.18TCr 1.31TCr 1.13TCr -
See all geographic segments

Executive Committee: Nokia Oyj

Manager TitleAgeSince
Chief Executive Officer - 01/04/2025
Director of Finance/CFO 60 01/09/2020
Chief Tech/Sci/R&D Officer 49 01/10/2025
Investor Relations Contact - -
Corporate Officer/Principal 57 -
See NOKIA OYJ governance

Composition of the Board of Directors: Nokia Oyj

Director TitleAgeSince
Chairman 70 27/05/2020
Director/Board Member 58 27/05/2020
Director/Board Member 67 05/04/2022
Director/Board Member 41 05/04/2022
Director/Board Member 61 05/04/2022
Director/Board Member 51 04/04/2023
Director/Board Member 61 04/04/2023
Director/Board Member 61 03/04/2024
Director/Board Member 59 29/04/2025
Director/Board Member 59 29/04/2025
Composition of the Board of Directors

Shareholders: Nokia Oyj

NameEquities%Valuation
Solidium Oy (Investment Company)
5.66 %
32,50,00,000 5.66 % 2 129 M €
2.599 %
14,92,67,180 2.599 % 978 M €
Keskinäinen Työeläkevakuutusyhtiö Varma
1.363 %
7,82,65,945 1.363 % 513 M €
Keskinäinen Eläkevakuutusyhtiö Ilmarinen
1.301 %
7,46,84,701 1.301 % 489 M €
Keskinäinen Työeläkevakuutusyhtiö Elo
0.6824 %
3,91,85,000 0.6824 % 257 M €
NameEquities%Valuation
Artisan Partners Holdings LP
1.863 %
10,69,86,160 1.863 % 692 M €
Fidelity Management & Research Co. LLC
1.65 %
9,47,25,157 1.65 % 613 M €
Pzena Investment Management, Inc.
1.399 %
8,03,29,917 1.399 % 520 M €
Arrowstreet Capital LP
0.7562 %
4,34,24,695 0.7562 % 281 M €
Slate Path Capital LP
0.6424 %
3,68,87,202 0.6424 % 239 M €
List of NOKIA OYJ shareholders

Holdings: Nokia Oyj

NameEquities%Valuation
14,92,67,180 2.6% 978 M $
1,02,70,27,024 0.95% 123 M $
2,51,55,502 65% 61 M $

Company details: Nokia Oyj

Nokia Oyj

Karakaari 7

02610, Espoo

+358 1044 88000

http://www.nokia.com
address Nokia Oyj(NOKIA)

Group companies: Nokia Oyj

NameCategory and Sector
Alcatel Lucent Slovakia AS
Telecommunications Equipment
See all subsidiaries

Other Communications & Networking

Change 5d. change 1-year change 3-years change Capi.($)
+2.59%-2.13%+27.68%+35.05% 3.66TCr
+0.43%-0.99%+19.63%+56.73% 29TCr
-4.21%-1.12%+157.65%+530.75% 18TCr
-1.34%+5.08%+5.66%+357.97% 17TCr
-5.80%-6.40%+343.18%+2,725.12% 9.9TCr
+1.00%+0.18%-15.70%+56.27% 6.62TCr
-0.44%+2.11%+12.26%-13.01% 4.22TCr
+0.08%-2.60%-4.31%+109.42% 3.96TCr
-2.77%-0.52%+27.00%+88.19% 3.4TCr
-0.59%-6.10%+132.82%+345.92% 3.24TCr
Average -1.05%-0.78%+70.59%+429.24% 9.97TCr
Weighted average by Cap. -1.39%-0.12%+74.68%+468.14%
See all sector performances
Trader
Investor
Global
Quality
ESG MSCI
AAA
More Ratings
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
21
Last Close Price
5.702EUR
Average target price
5.707EUR
Spread / Average Target
+0.09%
Consensus

Quarterly revenue - Rate of surprise