Q4 2023 results discussion with Nokia CEO
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Опубликовано 25 января 2024, 6:01
Watch our President and CEO Pekka Lundmark discuss Nokia's Q4 results with David Mulholland.
“Our fourth quarter saw net sales decline of 21% y-o-y in constant currency. Encouragingly we saw improvements in our gross margin across several of our businesses which, combined with continued cost discipline, helped us to deliver a strong comparable operating margin of 14.8%. In addition, we have seen a significant improvement in order intake in the fourth quarter, particularly in Network Infrastructure, indicating at least some improvement in the overall spending environment.”
Pekka Lundmark, President and CEO
Read the full Q4 financial report here: nokia.com/financials
“Our fourth quarter saw net sales decline of 21% y-o-y in constant currency. Encouragingly we saw improvements in our gross margin across several of our businesses which, combined with continued cost discipline, helped us to deliver a strong comparable operating margin of 14.8%. In addition, we have seen a significant improvement in order intake in the fourth quarter, particularly in Network Infrastructure, indicating at least some improvement in the overall spending environment.”
Pekka Lundmark, President and CEO
Read the full Q4 financial report here: nokia.com/financials
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