Company: NOKBF
Filing Date: 2025-10-23
Form Type: 6-K
Source: 0001104659-25-101680
Chunk: 39

Company: NOKIA CORP
Filing Date: 2025-10-23
Form: 6-K
Chunk 39
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 of innovative open optical networking solutions        
 and advanced optical semiconductors. Nokia has reported the acquired business as part of            
 its Optical Networks business unit in its Network Infrastructure segment as of the closing          
 of the transaction. Refer to Note 3. Acquisition for more information. Beginning from Q3            
 2025, Nokia is presenting the gains and losses from venture fund investments, including the         
 changes in fair value and the fund management fees, as financial income and expenses. The           
 comparative financial information for the Nokia Group, and Group Common and Other where the         
 results of venture fund investments had previously been included, has been recast accordingly.      
 Refer to Note 1. General information for more information. Accounting policies of the segments      
 are the same as those for the group, except that items affecting comparability are not allocated    
 to the segments. For more information on comparable measures and items affecting comparability,     
 refer to Note 1. General information, and to the Alternative Performance Measures section           
 accompanying this consolidated financial statement information. Inter-segment revenues and          
 transfers are accounted for as if the revenues were to third parties, that is, at current           
 market prices. Q3'25 Network Infrastructure(1) Mobile Networks Cloud and Network Services           
 Nokia Technologies Group Common and Other Eliminations and unallocated EUR million items            
 Nokia Group Net sales 1 953 1 842 645 391 4 (8) 4 828 of which to other segments 2 1 —              
 — — (3) — Gross profit 786 641 316 391 — (24) 2 110 Gross margin                                    
 % 40.2% 34.8% 49.0% 100.0% 0.0% 43.7% Research and development expenses (399) (482) (142)           
 (70) (29) (52) (1 174) Selling, general and administrative expenses (249) (166) (101) (34)          
 (60) (119) (729) Other operating income and expenses 1 18 5 9 — (1) 32 Operating profit/(loss)      
 139 12 77 296 (89) (196) 239 Operating margin % 7.1% 0.7% 11.9% 75.7% (2 225.0)% 5.0% Share         
 of results of associates and joint ventures 3 2 1 — — —