Nokia's Financial Performance: Q2 2025 and Half-Year Review

This document presents Nokia's financial performance for the second quarter and first half of 2025, highlighting a solid overall performance tempered by negative currency impacts. It details comparable net sales, gross margin, operating profit, and diluted EPS, noting a decline in Mobile Networks offset by growth in Network Infrastructure and Cloud and Network Services. The report also includes a CEO commentary discussing strategic shifts, the impact of currency fluctuations and tariffs on the outlook, and the successful integration of Infinera. Furthermore, it outlines future financial expectations, shareholder distributions, and key events during the period, such as leadership changes and the completion of the Infinera acquisition, all supported by comprehensive financial statements and segment details.

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