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 - - - -

Technology

1.4B 1.5B 1.6B 1.08B 1.93B

Group Common Functions 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

Other Asia-Pacific

- - - - 2.04B

Middle East & Africa

- - - - 2.03B

India

944M 1.02B 1.28B 2.84B 1.37B

China

906M - - - 1.13B

Latin America

- - - - 895M

France

1.44B - - 792M -

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 - 31/03/2025
Director of Finance/CFO 59 31/08/2020
Chief Tech/Sci/R&D Officer 48 30/09/2025
Investor Relations Contact - -
Corporate Officer/Principal 56 -
See NOKIA OYJ governance

Composition of the Board of Directors: Nokia Oyj

Director TitleAgeSince
Chairman 70 26/05/2020
Director/Board Member 58 26/05/2020
Director/Board Member 67 04/04/2022
Director/Board Member 40 04/04/2022
Director/Board Member 61 04/04/2022
Director/Board Member 50 03/04/2023
Director/Board Member 60 03/04/2023
Director/Board Member 60 02/04/2024
Director/Board Member 58 28/04/2025
Director/Board Member 59 28/04/2025
Composition of the Board of Directors

Shareholders: Nokia Oyj

NameEquities%Valuation
Solidium Oy (Investment Company)
5.66 %
325,000,000 5.66 % 1 977 M €
2.599 %
149,267,180 2.599 % 908 M €
Keskinäinen Työeläkevakuutusyhtiö Varma
1.363 %
78,265,945 1.363 % 476 M €
Keskinäinen Eläkevakuutusyhtiö Ilmarinen
1.301 %
74,684,701 1.301 % 454 M €
Keskinäinen Työeläkevakuutusyhtiö Elo
0.6824 %
39,185,000 0.6824 % 238 M €
NameEquities%Valuation
Artisan Partners Holdings LP
1.863 %
106,986,160 1.863 % 650 M €
Fidelity Management & Research Co. LLC
1.65 %
94,725,157 1.65 % 576 M €
Pzena Investment Management, Inc.
1.399 %
80,329,917 1.399 % 488 M €
Arrowstreet Capital LP
0.7562 %
43,424,695 0.7562 % 264 M €
Slate Path Capital LP
0.6424 %
36,887,202 0.6424 % 224 M €
List of NOKIA OYJ shareholders

Holdings: Nokia Oyj

NameEquities%Valuation
149,267,180 2.6% 908,081,816 $
1,027,027,024 0.95% 114,472,432 $
25,155,502 65% 62,411,304 $

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
Telecommunications Equipment
See all subsidiaries

Other Communications & Networking

Change 5d. change 1-year change 3-years change Capi.($)
+0.74%-0.26%+25.95%+13.00% 34.29B
+0.01%+3.71%+31.67%+60.97% 312B
+3.75%+6.02%+180.58%+573.14% 178B
-0.71%+0.78%+19.27%+303.06% 163B
+6.14%+5.95%+333.43%+2,733.80% 89.58B
+0.32%-0.52%-24.20%+37.67% 61.86B
+1.20%-0.49%-0.69%-9.70% 39.45B
+0.38%+2.23%-7.92%+110.51% 38.71B
-0.72%+2.97%+68.82%+102.02% 35.19B
+0.38%-0.70%-1.41%+33.88% 31.98B
Average +1.16%+1.71%+62.55%+395.84% 98.33B
Weighted average by Cap. +1.23%+2.62%+77.76%+433.81%
See all sector performances
Trader
Investor
Global
Quality
ESG MSCI
AAA
More Ratings
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
21
Last Close Price
5.278EUR
Average target price
5.433EUR
Spread / Average Target
+2.94%
Consensus

Quarterly revenue - Rate of surprise