Nokia : New Year profit warning …
>Nokia will not meet its guidance, mainly due to an absence of signatures for licences (Oppo and Vivo) that had been included in the guidance - Nokia indicated on Friday that it does not expect to meet its 2023 guidance for revenues, the operating margin and free cash flow. Indeed, Nokia’s financial outlook for 2023 hinged on the finalisation of ongoing licence renewals for Nokia Technologies with Oppo and Vivo, which would have doubled its revenues. The company no lo...Nokia is an Internet and communications technology company based in Finland. Co.'s operations are focused on three businesses: network infrastructure software, hardware and services, which Co. offers through Networks; location intelligence, which Co. provides through HERE; and advanced technology development and licensing, which Co. pursues through Technologies. Co. maintains a global presence with operations and Researh & Development facilities located in Europe, North America and Asia, and sales in approximately 130 countries. Co. has an installed base of around 600 customers worldwide and these operators serve over 4 billion subscribers.
Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.
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