Nokia expects strong full-year results

The ‘bothie’ Dual Sight function on the new Nokia 8.

After a strong quarter, Nokia has said it expects stronger full-year results.

The group will provide full details on its second quarter and half-year financial performance and revised full-year guidance at the end of the month.

Pekka Lundmark, Nokia chief executive officer, said: “We are progressing well with our three-phased plan to achieve sustainable, profitable growth and technology leadership laid out at our Capital Markets Day in March.

“Our first half performance has shown evidence of this in good cost control and also benefited from strength in a number of our end markets.

“We continue to expect some headwinds in the second half as we have previously highlighted but our performance in the first half provides a good foundation for the full year.”

Results will be released 29 July 2021.