Nokia(US:NOK) 智通财经网·2026-01-29 07:49Group 1 - The core viewpoint of the articles highlights Nokia's financial performance for Q4 2025, showing a 3% year-over-year increase in net sales to €6.1 billion, driven by growth in network infrastructure and mobile networks, offsetting declines in other segments [1] - Nokia's comparable operating profit for the quarter was €1.06 billion, slightly down from €1.09 billion year-over-year, with a comparable operating margin decrease of 90 basis points to 17.3%, attributed to growth investments in network infrastructure, including the integration of Infinera [1] - The company's diluted earnings per share were €0.16, with a diluted EPS of €0.10, and a net cash balance of €3.4 billion at the end of the quarter [1] Group 2 - For the full year 2025, Nokia reported a 2% increase in net sales at constant currency, achieving a comparable operating profit of €2 billion and free cash flow of €1.5 billion [1] - The CEO, Justin Hotard, noted a 7% increase in net sales for the network infrastructure business in Q4, with optical networks growing by 17%, driven by demand from AI and cloud service customers [1] - Nokia's board proposed a dividend of €0.14 per share for the fiscal year 2025 [1] Group 3 - Looking ahead, Nokia provided financial guidance for 2026, targeting comparable operating profit between €2 billion and €2.5 billion, with expected net sales growth of 6% to 8% in the network infrastructure business, aligning with long-term goals [2] - The company announced the completion of full ownership of its joint venture in China in Q4, resulting in a net cash outflow of €500 million [2]