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Results and reports

Our latest financial performance, strategy updates and archive of past results

 

Q3 2020 results

Nokia announced its Q3 earnings on 29 October 2020.

Pekka Lundmark

“As our solid Q3 results demonstrate, we are making good progress in many parts of our business. Profitability was up on a year-on-year basis, we had the fifth consecutive quarter of solid free cash flow, Nokia Enterprise maintained its double-digit growth, and we continued to strengthen the competitiveness and cost position of our mobile radio products.”

Pekka Lundmark
President and CEO

Read about the first phase of our new strategy and changes to our structure and leadership, 29 October 2020.

Q3 highlights

€5.3bn

Net sales (non-IFRS)

37.4%

Gross margin (non-IFRS)

9.2%

Operating margin (non-IFRS)

€0.05

EPS, diluted (non-IFRS)

€1.9bn

Net cash and current financial investments

€7.6bn

Total cash and current financial investments

Full details in the Q3 earnings release, available above.

 

 

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