Day: July 14, 2021

Buoyant Nokia expects to boost 2021 steering

When he introduced Nokia’s first-quarter 2021 leads to April, firm CEO and president Pekka Lundmark proclaimed a strong begin to the yr that represented an excellent basis for attaining the upper finish of margin expectations – and now it appears such targets shall be greater than achieved.

In an replace to its monetary steering for the total yr of 2021, Nokia has revealed that earlier than the top of its second quarter, it has seen continued energy within the enterprise, bettering its expectations for the total yr. It now expects to revise upwards its earlier outlook ranges for 2021.

“We’re progressing effectively with our three-phased plan to realize sustainable, worthwhile progress and know-how management laid out at our Capital Markets Day in March,” mentioned Lundmark. “Our first-half efficiency has proven proof of this in good value management and in addition benefited from energy in quite a few our finish