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Nokia Has Its Head in the Cloud

Nokia CEO Justin Hotard said hyperscalers accounted for 5% of companywide net sales in Q2.
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Nokia reported that its revenues in the second quarter of 2025 increased 2% year by year to a total of €4,546 million, while operating profit fell 81% to €81 million. The company had already anticipated that its results would be impacted by exchange rate variations and US tariff policy. “The relevant currency fluctuations, in particular the weakness of the dollar, have had a significant impact both on our net sales and on the profit of exploitat…

MADRID, 24 (EUROPA PRESS) The Finnish company Nokia obtained a net profit of 36 million euros in the first half of the year, 87.8% less than the 296 million euros in the same period of 2024, according to the accounts presented by the company this Thursday. Likewise, the sales of technology between January and [...] The Nokia entry reduces almost 88% its profit in the first semester, up to 36 million, and their sales are stagnated appear first in…

Finnish telecommunications equipment maker Nokia announced on Thursday that the weak dollar had sharply reduced its second-quarter operating profit, with revenue rising 2%.

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pme.ch broke the news in on Thursday, July 24, 2025.
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