Company: NOKBF
Filing Date: 2025-10-23
Form Type: 6-K
Source: 0001104659-25-101680
Chunk: 55

Company: NOKIA CORP
Filing Date: 2025-10-23
Form: 6-K
Chunk 55
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54) (6) — (83) — 19 (64) Divestment of businesses — —                                   
 — — 67 67 17 (21) 62 Transaction and related costs — — (1) —                                    
 — (1) — — (1) Fair value changes of current equity investments —                                
 — — — — — (49) — (49) Fair value changes of legacy                                              
 IPR fund — — — — — — (5) 1 (4) Change in financial                                              
 liability to acquire NSB non-controlling interest — — — — —                                     
 — (4) — (4) Changes in the recognition of deferred tax assets — —                               
 — — — — — 83 83 Items affecting comparability —                                                 
 (116) (207) (316) 248 (389) (41) 197 (233) Reported 13 236 (7 133) (3 376) (2 088) 469 1        
 109 30 (178) 965 Reconciliation of constant currency and portfolio net sales growth to reported 
 net sales growth Below tables show the reconciliation between constant currency and portfolio   
 net sales growth and reported net sales growth. Portfolio changes include the acquisition       
 of Infinera which was completed in Q1'25 and divestment of Device Management and Service        
 Management Platform businesses which was closed in Q2'24. Net sales growth by segment Q3'25     
 year-on-year change Q1-Q3'25 year-on-year change Constant currency and portfolio change Foreign 
 exchange impact Portfolio changes YoY change Constant currency and portfolio change Foreign     
 exchange impact Portfolio changes YoY change Nokia Group 9% (5)% 8% 12% 2% (3)% 5% 4% Network   
 Infrastructure 11% (5)% 22% 28% 10% (3)% 17% 24% IP Networks 4% (5)% 0% (1)% 6% (3)% 0% 3%      
 Optical Networks 19% (6)% 101% 114% 13% (3)% 73% 83% Fixed Networks 8% (5)% 0% 3% 10% (3)%      
 0% 7% Mobile Networks 4% (5)% 0% (1)% (3)% (3)% 0% (6)% Cloud and Network Services 13% (5)%