Company: NOKBF
Filing Date: 2025-10-23
Form Type: 6-K
Source: 0001104659-25-101680
Chunk: 12

Company: NOKIA CORP
Filing Date: 2025-10-23
Form: 6-K
Chunk 12
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 as described or          
 referred to in the Risk Factors section later in this report. Along with Nokia's official          
 outlook targets provided above, Nokia provides the below additional assumptions that support       
 the group level financial outlook. Full year 2025 Comment Net sales assumptions Normal seasonality 
 in net sales excluding Nokia Technologies, would imply an increase of 22% sequentially in          
 Q4. Considering recent strong order trends, Nokia currently assumes Q4 will be slightly above      
 normal seasonality in terms of sequential growth. For the full year, Nokia continues to assume     
 strong growth in Network Infrastructure, growth in Cloud and Network Services and largely          
 stable net sales in Mobile Networks on a constant currency and portfolio basis. In Nokia           
 Technologies we expect approximately EUR 1.1 billion in operating profit. Group Common and         
 Other operating expenses Approximately EUR 350 million (update) Comparable financial income        
 and expenses Positive EUR 0 to 100 million (update) Updated to now include impact of venture       
 fund investments Comparable income tax rate ~25% Cash outflows related to income taxes EUR         
 500 million Capital expenditures EUR 650 million Recurring gross cost savings EUR 450 million      
 (update) Related to ongoing cost savings program and not including Infinera-related synergies      
 Restructuring and associated charges related to cost savings programs EUR 250 million Related      
 to ongoing cost savings program and not including Infinera-related synergies Restructuring         
 and associated cash outflows EUR 350 million (update) Related to ongoing cost savings program      
 and not including Infinera-related synergies Shareholder distribution Dividend Under the           
 authorization by the Annual General Meeting held on 29 April 2025, the Board of Directors          
 may resolve on the distribution of an aggregate maximum of EUR 0.14 per share to be paid           
 in respect of financial year 2024. The authorization will be used to distribute dividend           
 and/or assets from the reserve for invested unrestricted equity in four installments during        
 the authorization period unless the Board decides otherwise for a justified reason. On 23          
 October 2025, the Board resolved to distribute a dividend of EUR 0.03 per share. The dividend      
 record date is 28 October 2025 and the dividend will be paid on 6 November 2025. The actual        
 dividend payment date outside Finland will be determined by the practices of the intermediary      
 banks transferring the dividend payments. Following this announced distribution, the Board’s       
 remaining distribution authorization is a maximum of EUR 0.03 per share.