Strong Q4 Financial Performance
Nokia reported a 9% growth in net sales in the fourth quarter, with a gross margin of 47.2% and an operating margin of 19.1%, the highest since 2015.
Network Infrastructure Growth
Network Infrastructure grew 17% in Q4, with IP networks as the standout performer at 24% growth.
Cash Generation and Shareholder Returns
Nokia generated a free cash flow of EUR 2 billion in 2024, ending the year with a net cash balance of EUR 4.9 billion after returning EUR 1.4 billion to shareholders.
Nokia Technologies Expansion
Nokia Technologies saw an 85% net sales growth in Q4, driven by new deals with companies like HP and Samsung.
Data Center Investment
Nokia plans to invest an additional EUR 100 million in its IP networks business to generate EUR 1 billion in incremental net sales by 2028.