Nokia announces an increase in its turnover, while its recovery accelerates


Finnish telecommunications equipment maker Nokia said on Thursday it expects revenue to increase this year as the company’s recovery gathers pace after years of restructuring.

Nokia has forecast its 2022 revenue to be between 22.6 and 23.8 billion euros ($25.5-26.9 billion), up from 22.2 billion last year. Analysts on average expect revenue of 23.06 billion euros, according to a Refinitiv survey.

($1 = 0.8850 euros)

Marketzone with Reuters 2022

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Analyst recommendations on ERICSSON
Financial data

2021 turnover 230 billion
24,976M
260 billion
2021 net result 18,888M
2,051M
21,337M
trso. net 2021 41,304M
4,485M
46,661M
PER 202120.2x
2021 performance1.82%
Capitalization 380 billion
41,252M
429 billion
VE / CA 20211.47x
VE / CA 20221.26x
Number of employees101,322
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Average recommendationACCUMULATE
Number of Analysts22
Last Closing Price

SEK114.08

Average price target

SEK128.22

Deviation / Average Target 12.4%

Officers and Directors

Var. Jan 1capi. ($M)
ERICSON14.32%41,252



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