Analyst Research Report Snapshot


Nokia Corporation




MarketLine (a Datamonitor Company)


13 Jan 2015





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Nokia Corporation (Nokia or "the company") is a provider of telecommunications network infrastructure, location-based technologies and advanced technologies. The company has operations across North America, Europe and Asia. It is headquartered in Espoo, Finland and employed 86,462 people as of December 31, 2013. The company recorded revenues of E12,709 million ($16,877.6 million) during the fiscal year ended December 2013 (FY2013), a decrease of 17.5% compared to FY2012. The decline in Nokia’s continuing operations net sales in FY2013 was primarily due to lower sales in the networks, the company’s core telecommunications infrastructure business and HERE, the location services business. The operating profit of the company was E519 million ($689.2 million) during FY2013 compared to an operating loss of E821 million ($1,090.3 million) in FY2012. The net loss was E615 million ($816.7 million) in FY2013 compared to a net loss of E1,163 million ($1,544.5 million) in FY2012.

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