Company Profile
Nokia Oyj specializes in the design, production and marketing of telecommunications equipment. Net sales break down by activity as follows:
- development of mobile broadband network solutions (44%): aimed in particular at telecommunications operators. In addition, the group offers professional services (network planning and optimization, systems integration, installation, implementation and maintenance of telecom networks);
- development of network infrastructure solutions (36.1%): IP routers and optical networking solutions.
- software development (14.5%): software for customer experience management, network operations and management, communication, collaboration and billing, IoT solutions and cloud management platforms;
- development of advanced technology (4.9%);
- other (0.6%).
Net sales are distributed geographically as follows: Europe (26.4%), North America (25.8%), India (12.8%), China (5.8%), Asia/Pacific (10.3%), Middle East and Africa (9.2%), Latin America (4.7%) and other (5%).
- development of mobile broadband network solutions (44%): aimed in particular at telecommunications operators. In addition, the group offers professional services (network planning and optimization, systems integration, installation, implementation and maintenance of telecom networks);
- development of network infrastructure solutions (36.1%): IP routers and optical networking solutions.
- software development (14.5%): software for customer experience management, network operations and management, communication, collaboration and billing, IoT solutions and cloud management platforms;
- development of advanced technology (4.9%);
- other (0.6%).
Net sales are distributed geographically as follows: Europe (26.4%), North America (25.8%), India (12.8%), China (5.8%), Asia/Pacific (10.3%), Middle East and Africa (9.2%), Latin America (4.7%) and other (5%).
Source: Cofisem - Last Update: 2025-03-31
Key Executives
| Chief Executive Officer | |
| Chief Executive Officer | |
| Chief Financial Officer | |
| Strategy Director | |
| Chief Technology Officer | |
| Chief Communication Officer | |
| General Counsel |
Source: Cofisem - Last Update: 2025-03-31
Key Figures
| Millenium | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|
| Net sales | 19,220 | 21,138 | 24,911 | 22,202 | 21,852 |
| Income from ordinary activities | 19,220 | 21,138 | 24,911 | 22,202 | 21,852 |
| Operating income | 1,999 | 1,661 | 2,318 | 2,158 | 885 |
| Cost of financial indebtedness net | -149 | -51 | 140 | 102 | 176 |
| Equity-accounted companies contribution to income | 7 | -39 | -26 | 9 | 22 |
| Net profit from discontinued activities | -427 | 30 | 49 | -9 | -3 |
| Net income | 1,284 | 679 | 4,259 | 1,645 | -2,516 |
| Net income (Group share) | 1,277 | 665 | 4,250 | 1,623 | -2,523 |
| Fiscal year end | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 |
| Length of fiscal year (month) | 12 | 12 | 12 | 12 | 12 |
| Currency & Unit | EUR - millions | EUR - millions | EUR - millions | EUR - millions | EUR - millions |
| Account Standards | IFRS | IFRS | IFRS | IFRS | IFRS |
Source: Cofisem - Last Update: 2025-03-31
Shareholder information
| Other shareholders | |
| Solidium Oy | |
| Group-owned stock | |
| Varma Mutual Pension Insurance Company | |
| Ilmarinen Mutual Pension Insurance Company | |
| Elo Mutual Pension Insurance Company | |
| State Pension Fund |
Source: Cofisem - Last Update: 2025-03-31
Address
Nokia Oyj
Karakaari 7
PO Box 226
FI-02610 Espoo
Finland
Phone number: +358 (0) 10 44 88 000
Fax: +358 (0) 10 44 81 002
https://www.nokia.com/about-us/investors/
Source: Cofisem - Last Update: 2025-03-31
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