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: December20202021202220232024

Mobile Networks

- 9.72B 10.67B 9.8B 7.72B

Network Infrastructure

- 7.67B 9.05B 8.04B 6.52B

Networks

16.85B - - - -

Cloud and Network Services

- 3.09B 3.35B 3.22B 3.02B

Nokia Software

2.66B - - - -

Nokia Technologies

1.4B 1.5B 1.6B 1.08B 1.93B

Group Common and Other

982M 257M 295M 130M 34M

Unallocated Items

-2M - - - -

Eliminations

-38M - - - -

Eliminations and Unallocated Items

- -37M -48M -11M -7M
See all business segments

Geographical breakdown of sales: Nokia Oyj

Fiscal Period: December20202021202220232024

Europe

- - - - 6.36B

North America

- - - - 5.38B

Rest of Apac

- - - - 2.04B

Middle East & Africa

- - - - 2.03B

India

944M 1.02B 1.28B 2.84B 1.37B

Greater China

- - - - 1.13B

Latin America

- - - - 895M

France

1.44B - - 792M -

China

906M - - - -

Japan

- 1.03B 904M - -

United States

6.75B 6.79B 7.95B 5.37B -

Finland

1.48B 1.6B 1.7B 1.19B -

Great Britain

- - - 786M -

Other

10.33B 11.75B 13.08B 11.28B -
See all geographic segments

Executive Committee: Nokia Oyj

Manager TitleAgeSince
Chief Executive Officer - 2025-03-31
Director of Finance/CFO 59 2020-08-31
Chief Tech/Sci/R&D Officer 47 2021-01-17
Investor Relations Contact - -
Corporate Officer/Principal 56 -
See NOKIA OYJ governance

Composition of the Board of Directors: Nokia Oyj

Director TitleAgeSince
Chairman 69 2020-05-26
Director/Board Member 57 2020-05-26
Director/Board Member 67 2022-04-04
Director/Board Member 40 2022-04-04
Director/Board Member 60 2022-04-04
Director/Board Member 50 2023-04-03
Director/Board Member 60 2023-04-03
Director/Board Member 60 2024-04-02
Director/Board Member 58 2025-04-28
Director/Board Member 59 2025-04-28
Composition of the Board of Directors

Shareholders: Nokia Oyj

NameEquities%Valuation
Solidium Oy (Investment Company)
5.798 %
325,000,000 5.798 % 1 681 M €
Keskinäinen Työeläkevakuutusyhtiö Varma
1.396 %
78,265,945 1.396 % 405 M €
Keskinäinen Eläkevakuutusyhtiö Ilmarinen
1.332 %
74,684,701 1.332 % 386 M €
1.165 %
65,296,435 1.165 % 338 M €
Keskinäinen Työeläkevakuutusyhtiö Elo
0.699 %
39,185,000 0.699 % 203 M €
NameEquities%Valuation
Artisan Partners Holdings LP
1.894 %
106,179,464 1.894 % 550 M €
Pzena Investment Management, Inc.
1.435 %
80,461,970 1.435 % 417 M €
Fidelity Management & Research Co. LLC
1.401 %
78,550,126 1.401 % 407 M €
Slate Path Capital LP
0.6873 %
38,528,355 0.6873 % 200 M €
Arrowstreet Capital LP
0.5709 %
32,004,380 0.5709 % 166 M €
List of NOKIA OYJ shareholders

Holdings: Nokia Oyj

NameEquities%Valuation
65,296,435 1.16% 337,711,856 $
1,027,027,024 1.44% 89,094,594 $

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
Alcatel-Lucent International SAS
Wireless Telecommunications
Engineering & Construction
Electrical Products
See all subsidiaries

Other Communications & Networking

Change 5d. change 1-year change 3-years change Capi.($)
-2.15%-2.87%+18.18%-7.19% 27.5B
-1.17%-1.37%+45.39%+57.19% 272B
+2.13%+7.14%+20.94%+327.61% 133B
-0.61%+11.68%-10.19%+166.94% 72.41B
-0.54%-2.42%+7.04%+94.92% 69.72B
-1.67%-0.15%+28.39%+112.83% 41.94B
+0.43%+0.69%-5.17%-18.23% 35.75B
-1.15%-5.52%+13.96%-1.65% 27.4B
-0.62%-4.66%+147.40%+57.64% 24.17B
-0.89%+2.12%-7.78%+577.75% 22.7B
Average -0.65%+1.02%+25.82%+136.78% 72.74B
Weighted average by Cap. -0.42%+1.11%+27.75%+132.47%
See all sector performances
Trading Rating
Investor Rating
ESG MSCI
AAA
More Ratings
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
21
Last Close Price
4.364EUR
Average target price
4.752EUR
Spread / Average Target
+8.90%
Consensus

Quarterly revenue - Rate of surprise