Nokia Expects Infinera Combination To Deliver EUR 200M Of Net Comparable Operating Profit Synergies By 2027
Portfolio Pulse from Benzinga Newsdesk
Nokia expects its combination with Infinera to deliver EUR 200M of net comparable operating profit synergies by 2027. The transaction is projected to accelerate Nokia's journey to a double-digit operating margin in its Optical Networks business.
June 27, 2024 | 8:59 pm
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Infinera's combination with Nokia is expected to deliver EUR 200M in synergies by 2027, enhancing the strategic and financial position of both companies.
The combination with Nokia is expected to bring significant synergies and strategic benefits to Infinera, enhancing its financial performance and market position. This positive development is likely to boost investor confidence and drive the stock price up in the short term.
CONFIDENCE 80
IMPORTANCE 85
RELEVANCE 100
POSITIVE IMPACT
Nokia expects significant financial and strategic benefits from its combination with Infinera, projecting EUR 200M in synergies by 2027. This is likely to accelerate Nokia's Optical Networks business towards double-digit operating margins.
The projected synergies and strategic benefits from the combination with Infinera are expected to significantly enhance Nokia's financial performance, particularly in its Optical Networks business. This positive outlook is likely to boost investor confidence and drive the stock price up in the short term.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100