Nokia posts quarterly profit miss, flags disruption from Trump's tariffs
ReutersApr 24, 2025 5:08 AM
April 24 (Reuters) - Nokia NOKIA.HE reported first-quarter profit well below market expectations on Thursday, and flagged a short-term disruption from U.S. tariffs with an estimated impact of between 20 million and 30 million euros to its second-quarter profit.
Comparable operating profit fell to 156 million euros ($176.9 million) in the first quarter of 2025, a 36% miss against the average forecast of 243.83 million euros by analysts surveyed by LSEG.
($1 = 0.8820 euros)
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