Company Nokia Oyj

Company Nokia Oyj

NOKIA

FI0009000681

Communications & Networking

Analysts' Consensus

Equities

NOKIA

FI0009000681

Communications & Networking

Analysts' Consensus

Business Summary

Sales per Business

Sales per region

Managers

Members of the board

Share class

Shareholders

Holdings

Company contact information

Group companies

Sector

Sales per Business

Sales per region

Ratings for Nokia Oyj

EPS Revisions

Quarterly earnings - Rate of surprise

Sector Other Communications & Networking

Business Summary

Sales per Business

Sales per region

Managers

Members of the board

Share class

Shareholders

Holdings

Company contact information

Group companies

Sector

Sales per Business

Sales per region

Ratings for Nokia Oyj

EPS Revisions

Quarterly earnings - Rate of surprise

Sector Other Communications & Networking

Market Closed - Nasdaq Helsinki Other stock markets 11:29:45 2024-04-19 am EDT			After market 01:26:20 pm
3.31 ^EUR	+2.52%		3.283	-0.82%

11:57am	NOKIA : Sell rating from Barclays	ZD
07:44am	NOKIA : JP Morgan gives a Neutral rating	ZD

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 (44%): 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 (36.1%): IP routers and optical networking solutions.

- software development (14.5%): software for customer experience management, network operations and management, communication, collaboration and billing, IoT solutions and cloud management platforms;

- development of advanced technology (4.9%);

- other (0.6%).

Net sales are distributed geographically as follows: Europe (26.4%), North America (25.8%), India (12.8%), China (5.8%), Asia/Pacific (10.3%), Middle East and Africa (9.2%), Latin America (4.7%) and other (5%).

Number of employees: 86,689

EUR in Million	2022	Weight	2023	Weight	Delta
Mobile Networks 44.0 %	10,658	42.8 %	9,791	44.0 %	-8.13%
Network Infrastructure 36.1 %	9,044	36.3 %	8,039	36.1 %	-11.11%
Cloud and Network Services 14.5 %	3,350	13.4 %	3,219	14.5 %	-3.91%
Nokia Technologies 4.9 %	1,583	6.4 %	1,085	4.9 %	-31.46%
Group Common and Other 0.6 %	276	1.1 %	124	0.6 %	-55.07%

EUR in Million	2022	Weight	2023	Weight	Delta
India 25.5 %	2,573	10.3 %	5,677	25.5 %	+120.64%
United States 24.1 %	7,949	31.9 %	5,373	24.1 %	-32.41%
Europe 13.9 %	4,965	19.9 %	3,103	13.9 %	-37.50%
Middle East & Africa 9.2 %	1,969	7.9 %	2,050	9.2 %	+4.11%
Greater China 5.9 %	1,581	6.3 %	1,303	5.9 %	-17.58%
Finland 5.4 %	1,697	6.8 %	1,192	5.4 %	-29.76%
Submarine Networks 5.0 %	1,150	4.6 %	1,120	5.0 %	-2.61%
Latin America 4.7 %	1,223	4.9 %	1,046	4.7 %	-14.47%
France 3.6 %	0	0.0 %	792	3.6 %	-
Great Britain 3.5 %	-	-	786	3.5 %	-
Asia-Pacific -2.4 %	461	1.9 %	-544	-2.4 %	-218.00%
North America 1.6 %	439	1.8 %	360	1.6 %	-18.00%

Managers	Title	Age	Since
Pekka Ilmari Lundmark CEO	Chief Executive Officer	61	20-07-31
Marco Wirén DFI	Director of Finance/CFO	58	20-08-31
Nishant Batra CTO	Chief Tech/Sci/R&D Officer	46	21-01-17
Aleksi Lahti IRC	Investor Relations Contact	-	-
Nina Anttila PRN	Corporate Officer/Principal	-	05-12-31
Jane Rygaard PRN	Corporate Officer/Principal	-	-
Tatu Simula LAW	General Counsel	-	-
Tommi Uitto PRN	Corporate Officer/Principal	55	15-12-31
Esa Ville Ilmari Niinimäki LAW	General Counsel	48	06-12-31
Melissa E. Schoeb PRN	Corporate Officer/Principal	55	21-04-11

Members of the board	Title	Age	Since
Lisa Hook BRD	Director/Board Member	66	22-04-04
Sari Maritta Baldauf CHM	Chairman	68	18-05-29
Timo Mika Juhani Ahopelto BRD	Director/Board Member	49	23-04-03
Søren Skou BRD	Director/Board Member	59	19-05-20
Kai Öistämö BRD	Director/Board Member	59	22-04-04
Elizabeth Crain BRD	Director/Board Member	59	23-04-03
Carla M. S. Smits-Nusteling BRD	Director/Board Member	57	16-06-15
Thomas Dannenfeldt BRD	Director/Board Member	57	20-05-26
Thomas Saueressig BRD	Director/Board Member	39	22-04-04

	Vote	Quantity	Free-Float	Company-owned shares	Total Float
Stock A	1	5,613,496,565	5,152,705,940 ( 91.79 %)	90,652,721 ( 1.615 %)	91.79 %

Name	Equities	%	Valuation
Solidium Oy (Investment Company) 5.790 %	325,000,000	5.790 %	1 155 M €
NOKIA OYJ 1.502 %	84,290,691	1.502 %	300 M €
Keskinäinen Työeläkevakuutusyhtiö Varma 1.429 %	80,236,000	1.429 %	285 M €
Keskinäinen Eläkevakuutusyhtiö Ilmarinen 1.340 %	75,226,600	1.340 %	267 M €
Amundi Asset Management SA (Investment Management) 0.8810 %	49,452,641	0.8810 %	176 M €
Keskinäinen Työeläkevakuutusyhtiö Elo 0.8206 %	46,066,000	0.8206 %	164 M €
OP Asset Management Ltd. 0.8089 %	45,405,087	0.8089 %	161 M €
Barings (UK) Ltd. 0.7020 %	39,405,851	0.7020 %	140 M €
Lyxor International Asset Management SAS 0.4503 %	25,277,904	0.4503 %	90 M €
Valtion Eläkerahasto - The State Pension Fund 0.4275 %	24,000,000	0.4275 %	85 M €

Name	Equities	%	Valuation
Artisan Partners Holdings LP 1.902 %	106,769,682	1.902 %	378 M €
Pzena Investment Management, Inc. 0.9319 %	52,313,442	0.9319 %	185 M €
Folketrygdfondet 0.2201 %	12,357,983	0.2201 %	44 M €
BlackRock Advisors LLC 0.1638 %	9,193,675	0.1638 %	33 M €
Dimensional Fund Advisors LP 0.1578 %	8,856,560	0.1578 %	31 M €
Capital Research & Management Co. (International Investors) 0.1473 %	8,269,897	0.1473 %	29 M €
Morgan Stanley Investment Management, Inc. 0.1333 %	7,484,672	0.1333 %	26 M €
Capital Growth Management LP 0.1220 %	6,850,000	0.1220 %	24 M €
Millennium Management LLC 0.1087 %	6,101,529	0.1087 %	22 M €
Citadel Securities GP LLC 0.0821 %	4,609,896	0.0821 %	16 M €

Name	Equities	%	Valuation
NOKIA OYJ 1.52%	85,375,638	1.52%	303,448,923 $
ALCATEL LUCENT TELETAS TELEKOMÜNIKASYON 65.00%	25,155,502	65.00%	89,807,658 $

Nokia Oyj

Karakaari 7

02610, Espoo

+358 1044 88000

http://www.nokia.com

Name	Category and Sector
ALCATEL LUCENT	Wireless Telecommunications
Alcatel Submarine Networks SAS Alcatel Submarine Networks SAS Electrical ProductsProducer Manufacturing Alcatel Submarine Networks SASU engages in designing and manufacturing of fiber optic cables for undersea telecommunications systems. The company was founded on December 23, 1992 and is headquartered in Nozay, France.	Electrical Products
Nokia Finance International BV
Nokia Networks France SA Nokia Networks France SA Wireless TelecommunicationsCommunications Part of Nokia Oyj, Nokia Networks France SA is a French company that provides wireless telecommunications solutions. The private company is based in Massy, France. The company was founded in 2006. Pierre-Gael Chantereau has been the CEO of the company since 2021.	Wireless Telecommunications
Alcatel Lucent Slovakia AS
Alcatel Submarine Networks UK Ltd. Alcatel Submarine Networks UK Ltd. Telecommunications EquipmentElectronic Technology Alcatel Submarine Networks UK Ltd. provides submarine cables/systems. It offers project management, installation and commissioning, as well as marine operations and maintenance performed by its fleet of seven cable ships. The company is headquartered in London, the United Kingdom.	Telecommunications Equipment
Alcatel Submarine Networks Marine SASU Alcatel Submarine Networks Marine SASU Engineering & ConstructionIndustrial Services Part of Nokia Oyj, Alcatel Submarine Networks Marine SASU is a French company that develops and manages ships which specialize in laying, burying and repairing telecom cables. The private company is based in Nozay, France. The company was founded in 2006. Jeremie Maillet has been the CEO of the company since 2015.	Engineering & Construction
Lucent Technologies GRL LLC Lucent Technologies GRL LLC Telecommunications EquipmentElectronic Technology Part of Nokia Oyj, Lucent Technologies GRL LLC is an American company. The private company is located in the US.	Telecommunications Equipment
Nokia Solutions & Networks Oy Nokia Solutions & Networks Oy Wireless TelecommunicationsCommunications Nokia Solutions & Networks Oy provides mobile broadband services. The company is headquartered in Espoo, Finland.	Wireless Telecommunications
Nokia Solutions & Networks BV Nokia Solutions & Networks BV Specialty TelecommunicationsCommunications Nokia Solutions and Networks BV operates as a financial holding company with activities in the telecommunication sector. The company is headquartered in Hoofddorp, the Netherlands.	Specialty Telecommunications
Nokia Solutions & Networks Branch Operations Oy Nokia Solutions & Networks Branch Operations Oy Telecommunications EquipmentElectronic Technology Part of Nokia Oyj, Nokia Solutions & Networks Branch Operations Oy designs, manufactures and sells mobile communication products. The private company is based in Espoo, Finland.	Telecommunications Equipment
Nokia Solutions & Networks Finance BV Nokia Solutions & Networks Finance BV Telecommunications EquipmentElectronic Technology Part of Nokia Oyj, Nokia Solutions & Networks Finance BV is a Dutch company that designs, manufactures and sells mobile communication products. The private company is based in Zoetermeer, Netherlands.	Telecommunications Equipment
RFS Holding GmbH RFS Holding GmbH Financial ConglomeratesFinance Part of Nokia Oyj, RFS Holding GmbH is an investment holding German company. The private company is based in Hannover, Germany. RFS Holding was founded in 1982.	Financial Conglomerates
Nex Electro SA
Nokia Solutions & Networks Spain SL
Nokatus Insurance Co. DAC
Radio Frequency Systems GmbH Radio Frequency Systems GmbH Electrical ProductsProducer Manufacturing Part of Nokia Oyj, Radio Frequency Systems GmbH is a designer and manufacturer of cable and antenna systems, as well as active and passive RF conditioning modules. The private company is based in Hannover, Germany. The German company provides complete RF solutions for wireless infrastructure. The CEOs are Ekkehard Schomburg, Gurgen Harutyunyan. The company was founded in 1991 by Louis Hackethal.	Electrical Products
Alcatel-Lucent International SAS Alcatel-Lucent International SAS Telecommunications EquipmentElectronic Technology Alcatel-Lucent International SAS provides wireless telecommunication services. The company is headquartered in Nozay, France.	Telecommunications Equipment

Trading Rating

Investor Rating

ESG Refinitiv

D-

More Ratings

Sell

Buy

Mean consensus

OUTPERFORM

Number of Analysts

Last Close Price

3.228 EUR

Average target price

3.941 EUR

Spread / Average Target

+22.08%

Consensus

Estimates Revisions

Company calendar

	1st Jan change	Capi.
NOKIA OYJ	+8.57%	19.03B
CISCO SYSTEMS, INC.	-4.79%	195B
ARISTA NETWORKS, INC.	+9.21%	80.41B
FOXCONN INDUSTRIAL INTERNET CO., LTD.	+51.46%	62.84B
MOTOROLA SOLUTIONS, INC.	+8.42%	56.56B
GARMIN LTD.	+9.48%	26.99B
ZHONGJI INNOLIGHT CO., LTD.	+53.56%	18.84B
ZTE CORPORATION	+8.23%	17.48B
ERICSSON	-11.77%	17.06B
JUNIPER NETWORKS, INC.	+22.66%	11.73B

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Communications & Networking

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