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

Dow Jones

Jul 23, 2025

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)

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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) \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  July 23, 2025 03:17 ET (07:17 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Nokia Posts Weaker-Than-Expected Results and Cuts Guidance -- Market Talk</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nNokia Posts Weaker-Than-Expected Results and Cuts Guidance -- Market Talk\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2025-07-23 15:17</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n     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) \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  July 23, 2025 03:17 ET (07:17 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"IE00BMPRXN33.USD","symbol_name":"NEUBERGER BERMAN 5G CONNECTIVITY \"A\" (USD) ACC","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2553921353","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2553921353","pubTimestamp":1753255020,"columns":[{"name":"Data Report","id":30,"label_key":"dataReport"}],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"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. ","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"IE00BMPRXN33.USD":"NEUBERGER BERMAN 5G CONNECTIVITY \"A\" (USD) ACC","BK4547":"WSB热门概念","NOK":"诺基亚","BK4020":"通信设备","IE00BMPRXR70.SGD":"Neuberger Berman 5G Connectivity A Acc SGD-H"},"translate_title":"诺基亚公布业绩弱于预期并下调指引——市场讨论","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"NOK":1},"content_text":"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) \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  July 23, 2025 03:17 ET (07:17 GMT)\n\n\n  Copyright (c) 2025 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"-1","news_tag":"dataReport","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}