Company Nokia Oyj Euronext Paris

Equities

NOKIA

FI0009000681

Communications & Networking

Market Closed - Euronext Paris 16:35:00 02/05/2024 BST After market 20:00:31
3.402 EUR +0.09% Intraday chart for Nokia Oyj 3.399 -0.10%

Business Summary

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

Sales per Business

EUR in Million2022Weight2023Weight 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%

Sales per region

EUR in Million2022Weight2023Weight 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

Managers TitleAgeSince
Chief Executive Officer 61 31/07/20
Director of Finance/CFO 58 31/08/20
Chief Tech/Sci/R&D Officer 46 17/01/21
Investor Relations Contact - -
Corporate Officer/Principal - 31/12/05
Corporate Officer/Principal - -
General Counsel - -
Corporate Officer/Principal 55 31/12/15
General Counsel 48 31/12/06
Corporate Officer/Principal 55 11/04/21

Members of the board

Members of the board TitleAgeSince
Director/Board Member 66 04/04/22
Chairman 68 29/05/18
Director/Board Member 49 03/04/23
Director/Board Member 59 20/05/19
Director/Board Member 59 04/04/22
Director/Board Member 59 03/04/23
Director/Board Member 57 15/06/16
Director/Board Member 57 26/05/20
Director/Board Member 39 04/04/22

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 5,613,496,565 5,152,705,940 ( 91.79 %) 90,652,721 ( 1.615 %) 91.79 %

Shareholders

NameEquities%Valuation
Solidium Oy (Investment Company)
5.790 %
325,000,000 5.790 % 1 155 M €
NOKIA OYJ
1.556 %
87,365,836 1.556 % 311 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)
0.8818 %
49,502,508 0.8818 % 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 €
NameEquities%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 €

Holdings

NameEquities%Valuation
88,121,136 1.57% 313,207,191 $
25,155,502 65.00% 89,807,658 $

Company contact information

Nokia Oyj

Karakaari 7

02610, Espoo

+358 1044 88000

http://www.nokia.com
address Nokia Oyj(NOKIA)

Group companies

NameCategory and Sector
Wireless Telecommunications
Electrical Products
Nokia Finance International BV
Wireless Telecommunications
Alcatel Lucent Slovakia AS
Telecommunications Equipment
Engineering & Construction
Telecommunications Equipment
Wireless Telecommunications

Sales per Business

Sales per region

Trading Rating
Investor Rating
ESG Refinitiv
More Ratings
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
21
Last Close Price
3.412 EUR
Average target price
3.929 EUR
Spread / Average Target
+15.18%
Consensus