2017 was a solid year of execution for Nokia, as we delivered on our financial commitments and gained momentum in driving forward all four pillars of our strategy. With that progress, Nokia is in an excellent position for sharply improving its performance towards 2020 and for leading the transition to 5G that is underway.
Please note that the contents of this page are a snapshot of the Nokia in 2017 Annual Report. You can find the full Annual Report and Form 20-F below.
Net cash as of December 31, 2017
Employees at the end of 2017
Proposed dividend per share
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Nokia is enabling the infrastructure for 5G and the Internet of Things, and shaping the future of technology to transform the human experience. Download the full 2017 Annual Report here to read more.
Letter from the CEO
Our competitive advantages – from the strength of our innovation capacity to the scale and scope of our portfolio – give Nokia the capabilities to continue to live up to the rich legacy of our 153-year old company. And, that is why we are confident about our market prospects as we move forward.
We closed 2017 delivering net sales of EUR 23.1 billion and continued to make significant targeted R&D investments.
Our strategy builds on our business portfolio and continued drive to create technology that serves people.
We had six business groups in 2017: Mobile Networks, Fixed Networks, Global Services, IP/Optical Networks and Applications & Analytics (together Nokia’s Networks business); and Nokia Technologies. As of February 1, 2018, the Applications & Analytics business group was renamed Nokia Software.