Company: NOKBF
Filing Date: 2025-10-23
Form Type: 6-K
Source: 0001104659-25-101680
Chunk: 8

Company: NOKIA CORP
Filing Date: 2025-10-23
Form: 6-K
Chunk 8
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% (reported down 140bps to 5.0%). The margin would have        
 been stable y-o-y apart from a one-time benefit in the prior year from a provision reversal.       
 ▪ Q3 comparable diluted EPS for the period of EUR 0.06; reported diluted EPS for the               
 period of EUR 0.01. ▪ Q3 free cash flow of EUR 0.4 billion, net cash balance of EUR                
 3.0 billion. ▪ Operationally, Nokia's outlook is unchanged for full year 2025. However,            
 a change in venture fund reporting leads to a EUR 0.1 billion revision to the operating profit.(1) 
 As a result Nokia's comparable operating profit guidance is revised to between EUR 1.7 and         
 2.2 billion (was between EUR 1.6 and 2.1 billion). EUR million (except for EPS in EUR) Q3'25       
 Q3'24 YoY change Q1-Q3'25 Q1-Q3'24 YoY change Reported results Net sales 4 828 4 326 12%           
 13 764 13 236 4% Gross margin % 43.7% 45.2% (150)bps 42.9% 46.1% (320)bps Research and development 
 expenses (1 174) (1 116) 5% (3 479) (3 376) 3% Selling, general and administrative expenses(1)     
 (729) (688) 6% (2 193) (2 088) 5% Operating profit(1) 239 278 (14)% 345 1 109 (69)% Operating      
 margin %(1) 5.0% 6.4% (140)bps 2.5% 8.4% (590)bps Profit from continuing operations 80 145         
 (45)% 103 965 (89)% Profit/(loss) from discontinued operations — 31 13 (494) Profit                
 for the period 80 175 (54)% 116 471 (75)% EPS for the period, diluted 0.01 0.03 (67)% 0.02         
 0.08 (75)% Net cash and interest-bearing financial investments 3 001 5 460 (45)% 3 001 5           
 460 (45)% Comparable results Net sales 4