Introduction
Nokia is nearing the release of its financial results for the first quarter of 2025, expected on April 24, 2025. These figures are of particular importance as they reflect the company’s performance in a market environment characterized by internal stock transfers and industry pressures.
Background and Expectations
Financial Performance 2024
Despite challenging market conditions, Nokia achieved an impressive financial performance in 2024, with a comparable operating profit of €2.6 billion, which aligns with the company’s forecasts. Nokia also recorded strong cash flow and a solid balance sheet with net assets of €4.9 billion.
Stock Transfers and Share Buybacks
Nokia has recently conducted a significant buyback of its own shares. On March 24, 2025, a total of 3,795,042 shares were purchased at an average price of €4.93 per share. This is part of a larger buyback program that is ongoing until the end of 2025, envisaging the acquisition of up to 150 million shares for a maximum of €900 million.
Market Expectations and Nervousness
The upcoming financial results heighten investor expectations. They will be significant in assessing the company’s ability to navigate a challenging market environment. There is a nervousness among investors that could impact future strategy and dividend policy.
Outlook
Nokia is focusing on growth areas such as data centers, private wireless networks, industrial edge technologies, and defense. These strategic focuses could be crucial for the company’s future performance. The General Meeting on April 29, 2025, will also be significant as a decision on the dividend for the fiscal year 2024 will be made there. The board has proposed an increase in the dividend to €0.14 per share.
Overall, investors are entering an exciting phase where Nokia’s financial results not only reflect the current performance of the company but could also influence future development.