{"id":27989,"date":"2025-07-23T08:59:17","date_gmt":"2025-07-23T06:59:17","guid":{"rendered":"https:\/\/mypr.co.za\/international\/?p=27989"},"modified":"2025-07-23T08:59:17","modified_gmt":"2025-07-23T06:59:17","slug":"inside-information-nokia-lowers-2025-operating-profit-guidance-due-to-currency","status":"publish","type":"post","link":"https:\/\/mypr.co.za\/international\/inside-information-nokia-lowers-2025-operating-profit-guidance-due-to-currency\/","title":{"rendered":"Inside Information: Nokia Lowers 2025 Operating Profit Guidance Due to Currency"},"content":{"rendered":"<ul type=\"disc\">\n<li>Nokia lowers its comparable operating profit guidance range to EUR 1.6 billion to EUR 2.1 billion from EUR 1.9 billion to EUR 2.4 billion.<\/li>\n<li>Adjustment relates to currency headwinds from the weaker USD and tariffs.<\/li>\n<li>Reports preliminary Q2 financial results of approximately EUR 4.55 billion net sales and EUR 0.3 billion comparable operating profit.<\/li>\n<\/ul>\n<p><strong>Espoo, Finland<\/strong>\u00a0\u2013 Nokia is today providing an update to its financial guidance for full year 2025. Nokia\u2019s underlying business performed as expected through the first half, however, considering currency and tariff headwinds which are outside its control and have transpired since its Q1 results, the company feels it is prudent at this point to lower its operating profit outlook range. Nokia is lowering its comparable operating profit outlook range to EUR 1.6 billion to EUR 2.1 billion (previously EUR 1.9 billion to EUR 2.4 billion). Nokia\u2019s guidance for free cash flow conversion from comparable operating profit remains 50% to 80%. Nokia\u2019s guidance is now based on a EUR:USD rate of 1.17, while the currency rate used in January was 1.04.<\/p>\n<p>Since Nokia provided guidance in January for the full year 2025, two headwinds outside its control are impacting the 2025 outlook. The largest headwind is currency fluctuations (particularly the weaker USD), an approximately EUR 230 million negative impact (EUR 140 million operationally and EUR 90 million from non-cash venture fund currency revaluations). Also, the current tariff landscape is expected to impact full year operating profit by EUR 50 million to EUR 80 million.<\/p>\n<p><strong>Update to Nokia\u2019s financial outlook for 2025<\/strong><\/p>\n<table>\n<tbody>\n<tr>\n<td><strong>\u00a0<\/strong><\/td>\n<td><strong>Updated\u00a0<\/strong><\/td>\n<td><strong>Previous (Issued 30 Jan)\u00a0<\/strong><\/td>\n<\/tr>\n<tr>\n<td><strong>Comparable Operating Profit<\/strong><sup><strong>1<\/strong><\/sup><strong>\u00a0<\/strong><\/td>\n<td>EUR 1.6 billion to EUR 2.1 billion<\/td>\n<td>EUR 1.9 billion to EUR 2.4 billion<\/td>\n<\/tr>\n<tr>\n<td><strong>Free cash flow conversion from comparable operating profit\u00a0<\/strong><\/td>\n<td>50% to 80%<\/td>\n<td>50% to 80%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p><sup>1<\/sup>\u00a0Outlook is based on a EUR:USD rate of 1.17\u00a0for the remainder of the year.<\/p>\n<p>In the second quarter, based on its preliminary financials, Nokia expects to report net sales of approximately EUR 4.55 billion and comparable operating profit of EUR 300 million. The Q2 comparable operating profit includes a negative impact from its venture funds of EUR 50 million primarily related to currency.<\/p>\n<p>Nokia will release its second quarter and half year 2025 financial results on Thursday 24<sup>th<\/sup>\u00a0July 2025.<\/p>\n<p>Nokia will conduct a conference call with analysts and investors to discuss its second quarter performance and business outlook on 24 July 2025 at 11:30am EEST \/ 09:30am BST \/ 04:30am US EST.<\/p>\n<p><strong>About Nokia<\/strong><\/p>\n<p>At Nokia, we create technology that helps the world act together.<\/p>\n<p>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, which is celebrating 100 years of innovation.<\/p>\n<p>With truly open architectures that seamlessly integrate into any ecosystem, our high-performance networks create new opportunities for monetization and scale. Service providers, enterprises and partners worldwide trust Nokia to deliver secure, reliable and sustainable networks today \u2013 and work with us to create the digital services and applications of the future.<\/p>\n<p><strong>Inquiries:<\/strong><\/p>\n<p>Nokia Communications<\/p>\n<p>Phone: +358 10 448 4900<\/p>\n<p>Email:\u00a0press.services@nokia.com<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Nokia lowers its comparable operating profit guidance range to EUR 1.6 billion to EUR 2.1 billion from EUR 1.9 billion to EUR 2.4 billion. Adjustment relates to currency headwinds from the weaker USD and tariffs. Reports preliminary Q2 financial results of approximately EUR 4.55 billion net sales and EUR 0.3 billion comparable operating profit. Espoo, &hellip;<\/p>\n","protected":false},"author":3409,"featured_media":15,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_genesis_hide_title":false,"_genesis_hide_breadcrumbs":false,"_genesis_hide_singular_image":false,"_genesis_hide_footer_widgets":false,"_genesis_custom_body_class":"","_genesis_custom_post_class":"","_genesis_layout":"","_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2},"jetpack_post_was_ever_published":false},"categories":[16],"tags":[42],"class_list":["post-27989","post","type-post","status-publish","format-standard","has-post-thumbnail","category-technology","tag-finland","entry"],"jetpack_publicize_connections":[],"jetpack-related-posts":[],"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/mypr.co.za\/international\/wp-content\/uploads\/2022\/03\/cropped-MyPR_Logo_Square.jpg","_links":{"self":[{"href":"https:\/\/mypr.co.za\/international\/wp-json\/wp\/v2\/posts\/27989","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/mypr.co.za\/international\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mypr.co.za\/international\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mypr.co.za\/international\/wp-json\/wp\/v2\/users\/3409"}],"replies":[{"embeddable":true,"href":"https:\/\/mypr.co.za\/international\/wp-json\/wp\/v2\/comments?post=27989"}],"version-history":[{"count":1,"href":"https:\/\/mypr.co.za\/international\/wp-json\/wp\/v2\/posts\/27989\/revisions"}],"predecessor-version":[{"id":27994,"href":"https:\/\/mypr.co.za\/international\/wp-json\/wp\/v2\/posts\/27989\/revisions\/27994"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mypr.co.za\/international\/wp-json\/wp\/v2\/media\/15"}],"wp:attachment":[{"href":"https:\/\/mypr.co.za\/international\/wp-json\/wp\/v2\/media?parent=27989"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mypr.co.za\/international\/wp-json\/wp\/v2\/categories?post=27989"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mypr.co.za\/international\/wp-json\/wp\/v2\/tags?post=27989"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}