MADRID, 20 Oct. (EUROPA PRESS) –
The Finnish manufacturer of telecommunications and network equipment Nokia obtained an attributable net profit of 1,096 million euros in the first nine months of 2022, thus improving by 15.7% the result corresponding to the same period last year, reported the company, which has confirmed its annual forecasts.
Between January and September, the Finnish company’s net sales totaled 17,462 million euros, 10.6% more than a year earlier, including a 17% increase in income from the infrastructure business, up to 6,338 million, and 8 % in the business in the cloud and by services, with 2,291 million, while the mobile networks area generated revenues of 7,711 million, 11% more.
On its side, the business of the Nokia technology division reached revenues of 916 million euros in the first nine months of 2022, which represents a decline of 19% compared to the same interval in 2021.
In the third quarter, Nokia recorded a net attributable profit of 427 million euros, 24.8% above the result recorded a year earlier, while its net sales increased by 15.6%, to 6,241 million.
For the year as a whole, the company maintains its outlook for net sales in constant currency and expects to bill between 23.9 and 25.1 billion, while maintaining its forecast for a comparable operating margin of 11% to 13.5%.
In this sense, the president and CEO of Nokia, Pekka Lundmark has expressed his confidence that, although the risks related to the timing of the pending agreements in Nokia Technologies remain, assuming they are closed, the company continues to move towards the extreme above its 2022 net sales forecast and toward the midpoint of operating margin guidance.
However, looking ahead, the executive has acknowledged the growing macro and geopolitical uncertainty in which the multinational operates, which could affect the capital spending of some of its clients.
“Given our recent success in new 5G deals in regions like India, which are expected to ramp up sharply in 2023, we believe we are firmly on track to outperform the market and move toward achieving our long-term margin goals.” , he added.
