Enterprise financial report

Nokia’s net loss in 2020 is 2.608 billion euro From Nokia financial report

The following is the Nokia’s net loss in 2020 is 2.608 billion euro From Nokia financial report recommended by recordtrend.com. And this article belongs to the classification: Enterprise financial report.

Nokia( NOK.US )In the fourth quarter of 2020, the net sales volume was 6.568 billion euro, a year-on-year decrease of 5%; the diluted loss per share was 0.46 euro, a year-on-year earnings of 0.1 euro; the net loss was 2.608 billion euro, a year-on-year net profit of 563 million euro. In the fourth quarter, the company’s gross profit margin was 39.2%, up from 38.5% in the same period last year, and its operating profit margin was 7.2%, up from 11.6% in the same period last year.

By business division, in the fourth quarter, the sales volume of network department was 5.04 billion euro, a year-on-year decrease of 7%; the sales volume of Nokia Software Department was 864 million euro, a year-on-year decrease of 1%; the sales volume of Nokia Technology Department was 382 million euro, a year-on-year increase of 2%; the sales volume of other departments was 292 million euro, a year-on-year increase of 26%.

In 2020, the company’s net sales amounted to 21.867 billion euros, a year-on-year decrease of 6%; the diluted loss per share was 0.43 euro, which was zero in the same period of last year; the net loss was 2.421 billion euro, which was 18 million euro in the same period of last year.

Looking ahead to 2021, Nokia expects its annual net sales to be between EUR 20.6 billion and EUR 21.8 billion. In addition, the company expects operating profit margin will be 7% – 10%, free cash flow will be positive.

Nokia financial report: in 2017, Q4 Nokia had a net loss of $479 million, a year-on-year loss of $351 million. Nokia financial report: in 2018, Q1 Nokia had a loss of Euro 351 million. Nokia financial report: in 2016, Q4 Nokia had a revenue of Euro 6.64 billion, a net profit of euro 660 million. Nokia financial report: in 2018, Q4 Nokia had a profit of Euro 203 million Nokia financial report: net loss of $498 million in Q1 of 2019, increased by 137% year on year Nokia financial report: revenue of $6.34 billion in Q2 of 2019, increased by 7% year on year Nokia financial report: revenue of $5.3 billion in Q1 of 2020, decreased by 2% year on year Nokia financial report: operating profit of Euro 556 million in Q3 of 2016 Nokia financial report: in 2015, Q4, Nokia’s net profit was US $2.02 billion, a year-on-year increase of more than 300%. Nokia financial report: in 2020, Q2, Nokia’s revenue was EUR 5.092 billion, a year-on-year decrease of 11%. Nokia financial report: in 2015, Q3, Nokia’s net profit was US $166 million, a year-on-year decrease of 80%. Nokia financial report: in 2016, Q2, Nokia’s net loss was US $741 million Nokia financial report: in 2015, Q2, Nokia’s net profit was 383 million US dollars, a year-on-year increase of 9%. Nokia financial report: in 2014, Q4, Nokia’s net income was 443 million euro, turning loss into profit. Nokia financial report: in 2014, Q3’s revenue was 4.2 billion US dollars, the first increase since 2011

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