Brief: Nokia Expects 2026 Comparable Operating Profit At EUR 2.0 Bln-2.5 Bln

Nokia Oyj

29/01/2026 06:09

Jan 29 (Reuters) - Nokia Oyj NOKIA.HE:

NOKIA Q4 EBIT EUR 540 MILLION

NOKIA Q4 EPS EUR 0.1

NOKIA Q4 EBIT MARGIN 8.8%

NOKIA Q4 SALES EUR 6,125 MILLION VERSUS. IBES ESTIMATE EUR 6,118 MILLION

PROPOSES DIVIDEND AUTHORIZATION OF EUR 0.14 PER SHARE

NOKIA SEES 2026 COMPARABLE OPERATING PROFIT AT EUR 2.0 BILLION TO EUR 2.5 BILLION

NETWORK INFRASTRUCTURE DELIVERED 7% NET SALES GROWTH IN THE FOURTH QUARTER INCLUDING 17% GROWTH IN OPTICAL NETWORKS

Q4 COMPARABLE OPERATING PROFIT EUR 1,058 MILLION VERSUS IBES ESTIMATE EUR 1,012 MILLION

HAS NO REMAINING DISTRIBUTION AUTHORIZATION.

SEES Q1 NET SALES TO DECLINE SOMEWHAT MORE THAN NORMAL SEASONALITY

SEES Q1 OPERATING MARGIN ONLY SLIGHTLY HIGHER THAN PRIOR YEAR

SEES 2026 CAPEX EUR 900 - 1 000 MILLION

NOKIA SEES 2026 FCF AT 55% TO 75%

REPORTED GROSS MARGIN DECLINED 120BPS TO 44.9% DUE TO HIGHER RESTRUCTURING RELATED CHARGES IN THE FOURTH QUARTER

Source text: ID:nGNEnGl3n

Further company coverage: NOKIA.HE

 (Gdansk Newsroom)

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