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Nokia Corporation Interim Report for Q1
30.04.2020 14:57
Nokia Corporation Interim Report for Q1
Improved margins as transformation and product cost reduction efforts take hold
- Confidence in resilient customer base and strong liquidity position
- 5G deal momentum continues, with 70 commercial deals and 21 live networks
- Strong growth in Nokia Software and Nokia Enterprise
- Within previously provided Outlook ranges for full year 2020, adjusted the non-IFRS mid-points for EPS to EUR 0.23 and operating margin to 9.0%
- Majority of COVID-19 impact expected in Q2; continue to expect a seasonally strong second half
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