Nokia sees FY26 comparable operating profit EUR 2B-EUR 2.5B

Sees FY26 capital expenditures EUR 900M-EUR 1B. The company said, “Looking ahead to 2026, our focus is on disciplined execution to capture growth in AI & Cloud, and increase efficiency while building a high performance culture across Team Nokia (NOK). We have fewer, clearer priorities, a simplified operating model, and a strategy we are executing with speed and accountability. In financial terms – we target EUR 2.0 to 2.5 billion of comparable operating profit in 2026. We see strong demand trends in Network Infrastructure as we ramp new products expanding our presence in AI & Cloud and invest for long-term growth. In Mobile Infrastructure we see a stable market environment and are focused on efficiency and improving profitability. Overall, we expect 2026 will show clear progress towards the long-term targets that we laid out at our Capital Markets Day in November.”