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Results and reports

Our latest performance update and an archive of past results and reports

 

Q4 and full-year 2020 results

Nokia announced its Q4 and full-year 2020 earnings on 4 February 2021.

Pekka Lundmark

“Nokia delivered a solid Q4. We saw healthy gross margin and operating margin performance for both Q4 and full year 2020, supported by a regional mix shift towards the higher margin North America region. In Q4, our operating profit and cash performance benefited from timing.”

Pekka Lundmark
President and CEO

Q4 highlights

€6.6bn

Net sales (non-IFRS)

41.8%

Gross margin (non-IFRS)

16.6%

Operating margin (non-IFRS)

€0.14

EPS, diluted (non-IFRS)

€2.5bn

Net cash and current financial investments

€8.1bn

Total cash and current financial investments

Full details in the Q4 earnings release, available above.

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

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