Nokia Posts Weaker-Than-Expected Results and Cuts Guidance -- Market Talk

Dow Jones
2025/07/23

0716 GMT - Nokia's preliminary second-quarter results, announced last night, were weaker than expected and the company lowered its full-year forecast, Kepler Cheuvreux analyst Sebastien Sztabowicz writes. Sales were 5% below consensus, while adjusted operating profit was around 300 million euros, 25% below consensus. The figures correspond to an adjusted operating margin of around 6%-7%, with consensus looking for 8.3%, he adds. The company now expects adjusted operating profit of 1.6 billion-2.1 billion euros, mainly due to currency headwinds and tariff impacts. Consensus full-year adjusted operating profit stood at 2.07 billion euros. The bank reiterates its hold recommendation and 4.60 euro target price on the stock. It expects sales to remain subdued in the near term and margins to be squeezed. Shares fall 5.3% to 3.89 euros. (dominic.chopping@wsj.com)

 

(END) Dow Jones Newswires

July 23, 2025 03:17 ET (07:17 GMT)

Copyright (c) 2025 Dow Jones & Company, Inc.

應版權方要求,你需要登入查看該內容

免責聲明:投資有風險,本文並非投資建議,以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請,作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考,不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證,投資者應自行研究並在投資前尋求專業建議。

熱議股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10