Nokia's 2024 Outlook Unchanged: Sees Comparable Operating Profit Of EUR 2.3B-EUR 2.9B And Free Cash Flow Conversion From Comparable Operating Profit Of 30%-60%
Portfolio Pulse from Benzinga Newsdesk
Nokia has maintained its 2024 financial outlook, expecting a comparable operating profit between EUR 2.3 billion and EUR 2.9 billion, with a free cash flow conversion rate of 30% to 60%.
October 17, 2024 | 5:08 am
News sentiment analysis
Sort by:
Ascending
NEUTRAL IMPACT
Nokia has reiterated its 2024 financial outlook, projecting a stable operating profit and cash flow conversion, which suggests steady financial performance.
Nokia's unchanged outlook indicates stability in its financial projections, which is neutral for short-term stock movement as there are no surprises or changes in expectations.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100