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Nokia (NOK) speeds up transformation to improve profitability, reiterates outlook for 2021 and provides outlook for 2023

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Nokia speeds up transformation to improve profitability

March 18, 2021 2:00 AM EDT

Nokia Corporation  Stock Exchange Release 18 March 2021 at 8:00 EET

Nokia speeds up transformation to improve profitability

Capital Markets Day 2021

Company sets out a three-phased journey to deliver sustainable, profitable growth and technology leadership.Reiterates its financial outlook for 2021 and provides outlook for 2023. Anticipates comparable operating margin to increase to 1013% in 2023 and to grow faster than the market in full-year 2023.Launches new company purpose and ways of working. Capital Markets Day presentations will update on key market opportunities, focus areas and long-term trends.... More