Nokia's quarterly net sales rose 12%, beating expectations, with stock prices in Europe rising nearly 9% in early trading

AASTOCKS
2025.10.23 09:20

Finnish telecommunications equipment manufacturer Nokia announced its third-quarter results. Quarterly net sales increased by 12% year-on-year to €4.828 billion, exceeding market expectations of €4.6 billion, mainly benefiting from the growth in Optical networks and cloud services. Comparable quarterly operating profit decreased by 10% year-on-year to €435 million.

The company stated that artificial intelligence and cloud customers accounted for 6% of net sales and 14% of network infrastructure sales. The company raised its full-year operating profit forecast upper limit from €2.1 billion to €2.2 billion.

Nokia's stock price rose by 8.9% in early trading in Europe, reaching €5.15

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