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MarketScreener Homepage  >  Equities  >  NASDAQ OMX HELSINKI LTD.  >  Nokia Oyj    NOKIA   FI0009000681

NOKIA OYJ

(NOKIA)
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Nokia Secures 37 5G Commercial Contracts

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05/21/2019 | 08:36am EDT

By Dominic Chopping

Nokia Corp. (NOK) said Tuesday it has now secured 37 fifth-generation commercial contracts, up from the 36 that it disclosed in its first-quarter earnings last month.

Twenty of those contracts are with named customers, including T-Mobile, AT&T Inc. (T), Saudi Telecom, and Telia Co. AB (TELIA.SK), it added.

In a statement released in conjunction with the company's annual general meeting, Chief Executive Rajeev Suri said the 5G-driven spending cycle that is now building momentum supports Nokia's end-to-end, full-portfolio strengths. Consequently, end-to-end sales as a percentage of sales pipeline are now at the highest point ever.

"5G is now accelerating and the power of Nokia's end-to-end portfolio is being recognized," he said.

Write to Dominic Chopping at dominic.chopping@wsj.com; @domchopping @WSJNordics

Stocks mentioned in the article
ChangeLast1st jan.
AT&T 1.75% 38.47 Delayed Quote.34.79%
NOKIA OYJ -0.25% 4.7005 Delayed Quote.-6.28%
SAUDI TELECOM COMPANY SJSC End-of-day quote.
TELIA COMPANY 1.63% 3.98 Delayed Quote.-3.93%
TELIA COMPANY 1.54% 42.73 Delayed Quote.0.41%
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Financials (EUR)
Sales 2019 23 432 M
EBIT 2019 2 133 M
Net income 2019 -35,2 M
Finance 2019 1 885 M
Yield 2019 4,20%
P/E ratio 2019 -1 727x
P/E ratio 2020 24,0x
EV / Sales2019 1,05x
EV / Sales2020 1,01x
Capitalization 26 468 M
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Technical analysis trends NOKIA OYJ
Short TermMid-TermLong Term
TrendsNeutralNeutralNeutral
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 25
Average target price 5,51  €
Last Close Price 4,71  €
Spread / Highest target 48,5%
Spread / Average Target 17,0%
Spread / Lowest Target -23,0%
EPS Revisions
Managers
NameTitle
Rajeev Suri President & Chief Executive Officer
Risto Kalevi Siilasmaa Chairman
Joerg Erlemeier Chief Operating Officer
Kristian Pullola Chief Financial Officer
Marcus Weldon Chief Technology Officer
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ERICSSON AB13.89%30 336
MOTOROLA SOLUTIONS52.16%29 156
ARISTA NETWORKS13.64%18 351