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OMXH:NOKIA
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Nokia Oyj
Nokia Oyj
Other Operating Expenses
Nokia Oyj
Other Operating Expenses Peer Comparison
Competitors Analysis
Latest Figures & CAGR of Competitors
| Company | Other Operating Expenses | CAGR 3Y | CAGR 5Y | CAGR 10Y | ||
|---|---|---|---|---|---|---|
|
|
Nokia Oyj
OMXH:NOKIA
|
Other Operating Expenses
€499m
|
CAGR 3-Years
36%
|
CAGR 5-Years
N/A
|
CAGR 10-Years
N/A
|
|
|
T
|
Teleste Oyj
OMXH:TLT1V
|
Other Operating Expenses
-€19.6m
|
CAGR 3-Years
-16%
|
CAGR 5-Years
10%
|
CAGR 10-Years
3%
|
|
Nokia Oyj
Glance View
Nokia Oyj, a Finnish telecommunications behemoth, is a storied player in the global technology landscape, renowned for its pivotal role in the development of mobile and networking technologies. Founded in 1865, the company has undergone significant transformations, shifting from its industrial roots into the forefront of telecommunications. Today, Nokia focuses primarily on providing infrastructure and technology for telecommunications networks, including the burgeoning fields of 5G deployment, Internet of Things (IoT) solutions, and cloud services. With a sharp focus on innovation and sustainability, Nokia aims to shape the future of connectivity while boasting a strong portfolio of patents that positions it favorably in negotiations and partnerships across the tech domain. For investors looking to tap into the tech sector's growth, Nokia presents an intriguing proposition. The company is strategically pivoting towards high-growth markets, with significant investments in research and development that drive its cutting-edge product offerings. Its partnerships with major telecommunications providers and a commitment to reducing carbon footprints align well with global trends emphasizing sustainability and digital transformation. While Nokia has faced challenges in a competitive landscape, its robust financial health, diverse product range, and commitment to shareholder returns through dividends make it a compelling candidate for those seeking growth in an industry poised for future expansion.
See Also
What is Nokia Oyj's Other Operating Expenses?
Other Operating Expenses
499m
EUR
Based on the financial report for Jun 30, 2024, Nokia Oyj's Other Operating Expenses amounts to 499m EUR.
What is Nokia Oyj's Other Operating Expenses growth rate?
Other Operating Expenses CAGR 3Y
36%
The average annual Other Operating Expenses growth rates for Nokia Oyj have been 36% over the past three years .
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