Nokia Reiterates its Longer Term Financial Targets (press release)March 28, 2013 No Comments
Stock Exchange Release
March 28, 2013 at 11.35 (CET +1)
Espoo, Finland – Nokia has today published its “Nokia in 2012″ annual report, which includes the review by the Board of Directors and the audited annual accounts. The publication also includes Nokia’s corporate governance statement. In the report, Nokia reiterates its longer-term financial targets.
The report will be shortly available in pdf format through www.nokia.com/financials. Shareholders may request a hard copy of the report free of charge through Nokia’s Internet pages.
Longer-term financial targets
In this annual report, Nokia reiterated its longer-term financial targets for its Devices & Services business and Nokia Siemens Networks.
Longer-term, Nokia continues to target:
- Devices & Services net sales to grow faster than the market.
- Devices & Services non-IFRS operating margin to be 10% or more.
Longer-term, Nokia Siemens Networks continues to target for its non-IFRS operating margin to be between 5% and 10%