Global Markets

Nokia (NOKIA FH) says Q3 operating margin expanded 220bps Y/Y to 11.7%, with FY26 Group outlook tracking above the midpoint of guidance

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Nokia reported higher Q3 operating margin and said FY26 outlook was above its guidance midpoint; it expected continued growth in combined Optical and IP Networks.

News detail

Expects combined Optical and IP Networks growth of 25-30% in 2027, while FY26 growth is tracking somewhat above the prior 18-20% assumption, supported by stronger underlying demand and improving operating leverage.

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