Nokia (NOKIA FH) Q3 2026 (EUR): Sales 5.15bln (exp. 5.06bln), Adj. EPS 0.09 (prev. 0.06 Y/Y); FY Outlook Adj. Op. Profit 2.1-2.6bln (exp. 2.36bln)
Nokia reported Q3 sales growth and adjusted operating profit above expectations, alongside customer growth in AI and Cloud and Q4 assumptions supporting its full-year outlook.
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CEO: "Team Nokia continues to deliver on our commitments as we execute against our strategy. In Q3, we grew net sales by 9% and improved comparable operating margin by 220 basis points". Q4: Assumes a 20% to 24% Q/Q increase in net sales in Q4. Assumes a typically strong Q/Q increase in operating profit in Q4 to deliver full year operating profit above the mid-point of our comparable operating profit outlook. Other Metrics (Q3): Q3 net sales grew 9% Y/Y on a constant currency basis (+10% reported). Group net sales to AI & Cloud customers grew 123% and order intake 118%. Adj. Op. Profit 605mln (exp. 454mln)
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