Q1 2023 results discussion with Nokia CEO

We started this year with the unveiling of a renewed corporate and technology strategy and a refreshed brand. This reflects who we are today – a B2B technology innovation leader unleashing the exponential potential of networks. Q1 also saw the launch of our new industry-leading optical networking platform PSE-6s and AirScale Habrok, our latest #5G massive MIMO radios powered by a new generation of ReefShark chipsets. Both products are designed to help our customers achieve more with less power consumption, supporting our intent to develop ESG into a competitive advantage.

We delivered a solid start to 2023 with Q1 net sales growing 9% in constant currency. Our comparable operating margin was 8.2%. We also maintained our strong momentum in Enterprise with 62% net sales growth in constant currency.

Watch our President and CEO Pekka Lundmark discuss the results with David Mulholland. Read the Q1 2023 financial report here: www.nokia.com/financials.

Watch also: https://youtu.be/qCYcdCn4YZ4

Source: Nokia YouTube