Nokia Oyj started as a single paper mill in 1865. In recent years, it’s the stock that has been through the mill, as the maker of telecommunications equipment has ebbed and soared with each burst of spending on next generation mobile networks.
Chief Executive Officer Rajeev Suri has steadily toiled away to drag the Espoo, Finland-based company through to the next leg of growth promised by 5G. The fruits of that labour appear finally to be paying off.
It’s early days, but adjusted operating profit hit €451 million ($502 million) in the three months through June, exceeding analysts’
Chief Executive Officer Rajeev Suri has steadily toiled away to drag the Espoo, Finland-based company through to the next leg of growth promised by 5G. The fruits of that labour appear finally to be paying off.
It’s early days, but adjusted operating profit hit €451 million ($502 million) in the three months through June, exceeding analysts’