Nokia reaffirms FY2021 and updates FY2023 outlook

seekingalpha2021-03-18

(March 18) Nokia's -3% premarket, addressablemarket is expected to grow at a compounded annual growth rate(OTC:CAGR) of ~1% from 2020-2023.Mobile Networks estimated 2020-2023 addressable market CAGR, ...

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Daniel Tay
2021-03-18
Daniel Tay
Nice.. But very slow on share price rising

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We have a clear and detailed plan for how we will reset the business, accelerate competitiveness and scale up our lead in the markets we choose to play in. This plan will enable us to deliver double-digit comparable operating margins in 2023,” says Pekka Lundmark, President and CEO of Nokia.Each business group is focused on driving improved focus on capital allocation and technology leadership in 2021, positioning Nokia to grow profitably in 2022 and beyond.The board will assess the possibility of proposing a dividend distribution for the FY2021 based on the updated dividend policy after 4Q21.","kind":null,"is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[{"id":327191832,"gmtCreate":1616066972426,"gmtModify":1704790443228,"author":{"id":"3573623220650432","authorId":"3573623220650432","name":"Daniel Tay","avatar":"https://static.tigerbbs.com/084a34a7e85f0f077a0253b0ee1a1dbc","vip":1,"hat":"https://static.tigerbbs.com/b0a2963eb37c60c5d6d4a8dbcd266952","crmLevel":5,"crmLevelSwitch":1,"authorIdStr":"3573623220650432","idStr":"3573623220650432"},"htmlText":"Nice.. But very slow on share price rising&nbsp;","listText":"Nice.. But very slow on share price rising&nbsp;","text":"Nice.. 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