Watch our President and CEO Pekka Lundmark discuss the Q2 and half year 2023 results with David Mulholland.
We delivered stable net sales in constant currency compared to the previous year. As a result of prudent management of our costs, we were able to deliver a solid comparable operating margin of 11.0%. Our operating margin did benefit from EUR 80 million of catch-up net sales in Nokia Technologies, but even excluding this our margin proved to be resilient.
The highlights of the quarter came in areas of key strategic importance for our business and are a testament to the leading technologies we have in these areas; the new long-term patent license agreement with Apple, and our performance in Enterprise, where net sales showed another quarter of strong growth at 27% in constant currency.
Read the full Q2 and half year 2023 financial report here: www.nokia.com/financials.
Watch also: https://youtu.be/BtfX_cJcNyY
Source: Nokia YouTube
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