12:16:03 Europe / Stockholm

Kurs & Likviditet

Kursutveckling och likviditet under dagen för detta pressmeddelande

Kalender

2024-10-17 Kvartalsrapport 2024-Q3
2024-07-18 Kvartalsrapport 2024-Q2
2024-04-18 Kvartalsrapport 2024-Q1
2024-04-03 Årsstämma 2024
2024-01-29 Kvartalsutdelning NOKIA 0.03
2024-01-25 Bokslutskommuniké 2023
2023-10-23 Kvartalsutdelning NOKIA 0.03
2023-10-19 Kvartalsrapport 2023-Q3
2023-07-24 Kvartalsutdelning NOKIA 0.03
2023-07-20 Kvartalsrapport 2023-Q2
2023-04-24 Kvartalsutdelning NOKIA 0.03
2023-04-20 Kvartalsrapport 2023-Q1
2023-04-04 Årsstämma 2023
2023-01-30 Kvartalsutdelning NOKIA 0.02
2023-01-26 Bokslutskommuniké 2022
2022-10-24 Kvartalsutdelning NOKIA 0.02
2022-10-20 Kvartalsrapport 2022-Q3
2022-07-25 Kvartalsutdelning NOKIA 0.02
2022-07-21 Kvartalsrapport 2022-Q2
2022-05-02 Kvartalsutdelning NOKIA 0.02
2022-04-28 Kvartalsrapport 2022-Q1
2022-04-05 Årsstämma 2022
2022-02-03 Bokslutskommuniké 2021
2021-10-28 Kvartalsrapport 2021-Q3
2021-08-31 Kvartalsutdelning NOKIA 0
2021-07-29 Kvartalsrapport 2021-Q2
2021-07-09 Kvartalsutdelning NOKIA 0
2021-04-29 Kvartalsrapport 2021-Q1
2021-04-09 Kvartalsutdelning NOKIA 0
2021-04-08 Årsstämma 2021
2021-02-04 Bokslutskommuniké 2020
2021-02-01 Kvartalsutdelning NOKIA 0
2020-10-29 Kvartalsrapport 2020-Q3
2020-08-31 Kvartalsutdelning NOKIA 0
2020-07-31 Kvartalsrapport 2020-Q2
2020-07-07 Kvartalsutdelning NOKIA 0
2020-05-27 Årsstämma 2020
2020-04-30 Kvartalsrapport 2020-Q1
2020-04-09 Kvartalsutdelning NOKIA 0
2020-02-06 Bokslutskommuniké 2019
2020-02-03 Kvartalsutdelning NOKIA 0
2019-10-24 Kvartalsrapport 2019-Q3
2019-07-29 Kvartalsutdelning NOKIA 0.05
2019-07-25 Kvartalsrapport 2019-Q2
2019-05-22 Kvartalsutdelning NOKIA 0.05
2019-05-21 Årsstämma 2019
2019-04-25 Kvartalsrapport 2019-Q1
2019-01-31 Bokslutskommuniké 2018
2018-10-25 Kvartalsrapport 2018-Q3
2018-07-26 Kvartalsrapport 2018-Q2
2018-05-31 Ordinarie utdelning NOKIA 0.19 EUR
2018-05-30 Årsstämma 2018
2018-04-26 Kvartalsrapport 2018-Q1
2018-02-01 Bokslutskommuniké 2017
2017-10-26 Kvartalsrapport 2017-Q3
2017-07-27 Kvartalsrapport 2017-Q2
2017-05-24 Ordinarie utdelning NOKIA 0.17 EUR
2017-05-23 Årsstämma 2017
2017-04-27 Kvartalsrapport 2017-Q1
2017-02-02 Bokslutskommuniké 2016
2016-11-15 Kapitalmarknadsdag 2016
2016-10-27 Kvartalsrapport 2016-Q3
2016-08-04 Kvartalsrapport 2016-Q2
2016-06-17 Ordinarie utdelning NOKIA 0.16 EUR
2016-06-17 Bonusutdelning NOKIA 0.1
2016-06-16 Årsstämma 2016
2016-05-10 Kvartalsrapport 2016-Q1
2016-02-11 Bokslutskommuniké 2015
2015-12-02 Extra Bolagsstämma 2015
2015-10-29 Kvartalsrapport 2015-Q3
2015-07-30 Kvartalsrapport 2015-Q2
2015-05-06 Ordinarie utdelning NOKIA 0.14 EUR
2015-05-05 Årsstämma 2015
2015-04-30 Kvartalsrapport 2015-Q1
2015-01-29 Bokslutskommuniké 2014
2014-11-14 Kapitalmarknadsdag 2014
2014-10-23 Kvartalsrapport 2014-Q3
2014-07-24 Kvartalsrapport 2014-Q2
2014-06-18 Ordinarie utdelning NOKIA 0.11 EUR
2014-06-18 Bonusutdelning NOKIA 0.26
2014-06-17 Årsstämma 2014
2014-04-29 Kvartalsrapport 2014-Q1
2014-01-23 Bokslutskommuniké 2013
2013-11-19 Extra Bolagsstämma 2013
2013-10-29 Kvartalsrapport 2013-Q3
2013-07-18 Kvartalsrapport 2013-Q2
2013-05-08 Ordinarie utdelning NOKIA 0.00 EUR
2013-05-07 Årsstämma 2013
2013-04-18 Kvartalsrapport 2013-Q1
2013-01-24 Bokslutskommuniké 2012
2012-10-18 Kvartalsrapport 2012-Q3
2012-07-19 Kvartalsrapport 2012-Q2
2012-05-04 Ordinarie utdelning NOKIA 0.20 EUR
2012-05-03 Årsstämma 2012
2012-04-19 Kvartalsrapport 2012-Q1
2012-01-26 Bokslutskommuniké 2011
2011-10-20 Kvartalsrapport 2011-Q3
2011-07-21 Kvartalsrapport 2011-Q2
2011-05-04 Ordinarie utdelning NOKIA 0.40 EUR
2011-05-03 Årsstämma 2011
2011-04-21 Kvartalsrapport 2011-Q1
2011-01-27 Bokslutskommuniké 2010
2010-10-21 Kvartalsrapport 2010-Q3
2010-05-07 Ordinarie utdelning NOKIA 0.40 EUR
2010-01-18 Bokslutskommuniké 2009
2009-04-24 Ordinarie utdelning NOKIA 0.40 EUR
2008-05-09 Ordinarie utdelning NOKIA 0.53 EUR
2007-05-04 Ordinarie utdelning NOKIA 0.43 EUR
2006-03-31 Ordinarie utdelning NOKIA 0.37 EUR
2005-04-08 Ordinarie utdelning NOKIA 0.33 EUR
2004-03-26 Ordinarie utdelning NOKIA 0.30 EUR
2003-03-28 Ordinarie utdelning NOKIA 0.28 EUR
2002-03-22 Ordinarie utdelning NOKIA 0.27 EUR
2001-03-22 Ordinarie utdelning NOKIA 0.28 EUR
2000-04-10 Split NOKIA 1:4
2000-03-23 Ordinarie utdelning NOKIA 0.80 EUR
1999-04-12 Split NOKIA 1:2
1999-03-18 Ordinarie utdelning NOKIA 0.97 EUR
1998-04-16 Split NOKIA 1:2
1998-03-25 Ordinarie utdelning NOKIA 7.50 EUR
1997-03-26 Ordinarie utdelning NOKIA 3.50 EUR
1996-04-03 Ordinarie utdelning NOKIA 3.00 EUR
1995-04-24 Split NOKIA 1:4
1995-03-31 Ordinarie utdelning NOKIA 10.00 EUR
1994-04-18 Ordinarie utdelning NOKIA 2.80 EUR
1993-04-19 Ordinarie utdelning NOKIA 2.00 EUR
1992-04-03 Ordinarie utdelning NOKIA 2.00 EUR
1991-04-05 Ordinarie utdelning NOKIA 2.80 EUR
1990-04-03 Ordinarie utdelning NOKIA 2.80 EUR
1989-04-05 Ordinarie utdelning NOKIA 3.00 EUR
1986-05-28 Split NOKIA 1:5

Beskrivning

LandFinland
ListaLarge Cap Helsinki
SektorInformationsteknik
IndustriKommunikation
Nokia är ett globalt bolag verksamma inom telekomsektorn. Bolaget erbjuder lösningar inom IP, bredband, digital hälsa och molnbaserade system. Kunderna återfinns inom ett flertal marknader bland olika företagskunder, myndigheter och privata konsumenter. Verksamheten är etablerad på global nivå. Nokia grundades ursprungligen 1865 och bolagets huvudkontor ligger i Esbo.
2023-03-02 18:00:00

Nokia Corporation
Stock Exchange Release
2 March 2023 at 19:00 EET

Nokia publishes its Annual Report and refines capital management policy

Espoo, Finland – Nokia has today filed its Annual Report on Form 20-F for 2022 with the U.S. Securities and Exchange Commission. Nokia has also published its Nokia in 2022 Annual Report, which includes audited financial statements, the annual review by the Board of Directors, Nokia’s corporate governance statement and the Remuneration Report for the governing bodies for 2022. Additionally, Nokia updated its capital management policy with a focus on sustaining investment grade rating and improving shareholder returns consistent with the performance of the business. Nokia now targets to maintain a net cash position in the range of 10-15% of net sales.

Updated capital management policy

In today’s publication of Nokia’s Annual Report, the company is announcing an evolution in the company’s cash management policy. In recent years, Nokia has operated with a cash policy to enable it to rebuild the company’s cash position through strong free cash flow generation in 2020 and 2021 and then reinstate shareholder distributions through both a dividend and a share buyback program. Investment in research and development (R&D) has been reinforced to strengthen technology leadership and has delivered improved product competitiveness and put the company on a path to deliver sustainable and profitable growth. These improvements have also now recently been recognised by credit ratings agencies and seen Nokia return to investment grade rating at S&P Global (which upgraded Nokia on 8 February 2023) having already been investment grade rated at Fitch (since 2018).

Nokia’s previous target in terms of cash management was to maintain a gross cash position equivalent to at least 30% of net sales. Going forward Nokia will target to maintain a net cash position in the range of 10-15% of net sales. Nokia intends to maintain a net cash position around this level to ensure it can continue to invest in the necessary R&D to maintain and further improve its technology leadership, fund working capital requirements in support of the company’s growth ambitions and to maintain some flexibility for bolt-on acquisitions.

At the end of 2022, Nokia held a net cash position of approximately 19% of net sales. Nokia is not imminently planning to take action to align this with its target considering the on-going macro-uncertainty, expected growth, and working capital requirements of its business in 2023; along with already announced dividend and share buyback plans for this year. However, assuming the expected significant improvement in cash generation in 2024, Nokia would then look to start acting (such as through increased shareholder returns and/or potential bolt-on acquisitions) to align the net cash position with the long-term target.

The Annual Report on Form 20-F and Nokia in 2022 Annual Report

The Annual Report on Form 20-F and Nokia in 2022 Annual Report will be available in PDF format at www.nokia.com/financials. Shareholders may request a hard copy of the reports free of charge through Nokia’s website. The corporate governance statement is available also at www.nokia.com/about-us/company/leadership-and-governance and the Remuneration Report at www.nokia.com/about-us/company/leadership-and-governance/remuneration/.  

The financial statements are also published in XHTML format in accordance with the European Single Electronic Format (ESEF) reporting requirements. In accordance with ESEF requirements, the consolidated financial statements are marked with iXBRL tags. The audit firm Deloitte Oy has provided an independent auditor’s report on Nokia’s ESEF financial statements based on a reasonable assurance engagement it has performed in accordance with International Standard on Assurance Engagements ISAE 3000. The ESEF financial statements in Finnish are available in the zip file attached to this release and at www.nokia.com/luvut.

About Nokia
At Nokia, we create technology that helps the world act together.

As a B2B technology innovation leader, we are pioneering networks that sense, think and act by leveraging our work across mobile, fixed and cloud networks. In addition, we create value with intellectual property and long-term research, led by the award-winning Nokia Bell Labs.

Service providers, enterprises and partners worldwide trust Nokia to deliver secure, reliable and sustainable networks today – and work with us to create the digital services and applications of the future.

Inquiries:

Nokia
Communications
Phone: +358 10 448 4900
Email: press.services@nokia.com
Maria Vaismaa, Global Head of Public Relations

Nokia
Investor Relations
Phone: +358 40 803 4080
Email: investor.relations@nokia.com

FORWARD-LOOKING STATEMENTS

Certain statements herein that are not historical facts are forward-looking statements. These forward-looking statements reflect Nokia's current expectations and views of future developments and include statements regarding: A) expectations, plans, benefits or outlook related to our strategies, product launches, growth management, sustainability and other ESG targets, operational key performance indicators and decisions on market exits; B) expectations, plans or benefits related to future performance of our businesses (including the expected impact, timing and duration of COVID-19 and the general macroeconomic conditions on our businesses, our supply chain and our customers’ businesses) and any future dividends and other distributions of profit; C) expectations and targets regarding financial performance and results of operations, including market share, prices, net sales, income, margins, cash flows, the timing of receivables, operating expenses, provisions, impairments, taxes, currency exchange rates, hedging, investment funds, inflation, product cost reductions, competitiveness, revenue generation in any specific region, and licensing income and payments; D) ability to execute, expectations, plans or benefits related to changes in organizational structure and operating model; E) impact on revenue with respect to litigation/renewal discussions; and F) any statements preceded by or including "continue", “believe”, “commit”, “estimate”, “expect”, “aim”, “influence”, "will” or similar expressions. These forward-looking statements are subject to a number of risks and uncertainties, many of which are beyond our control, which could cause our actual results to differ materially from such statements. These statements are based on management’s best assumptions and beliefs in light of the information currently available to them. These forward-looking statements are only predictions based upon our current expectations and views of future events and developments and are subject to risks and uncertainties that are difficult to predict because they relate to events and depend on circumstances that will occur in the future. Factors, including risks and uncertainties that could cause these differences, include those risks and uncertainties identified in our 2022 annual report on Form 20-F published on March 2, 2023 under "Operating and financial review and prospects–Risk factors" and in our other filings or documents furnished with the U.S. Securities and Exchange Commission.