Nokia reports Q3 adjusted EBIT margin of 11.7%
NOK•Nokia reported a third-quarter adjusted EBIT margin of 11.7% and said its full-year financial outlook is unchanged. AI and cloud net sales more than doubled year over year, with €1.5 billion in new orders.
1. Quarterly update
Nokia reported a third-quarter adjusted EBIT margin of 11.7% and kept its full-year financial outlook unchanged. The company said AI and cloud net sales more than doubled year over year and it secured €1.5 billion in new orders.
2. Business outlook
Nokia expects its combined optical and IP networks businesses to grow between 25% and 30% in 2027. It is on track to complete the Infinera integration by the end of 2026, one year ahead of plan, with €200 million in net synergies. Mobile infrastructure net sales grew 5% year over year, partly due to revenue moving from Q4 into Q3.
