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Nokia reports Q1 profit 36% below forecasts, faces US tariffs impact but sees growth in North America.
Nokia reported a first-quarter profit significantly below expectations, with a comparable operating profit of €156 million, a 36% shortfall from forecasts.
The company anticipates a €20-30 million impact on Q2 profit due to US tariffs.
Despite this, Nokia's sales in North America have been growing, and the company extended its partnership with T-Mobile to expand 5G coverage.
Net sales for Q1 were €4.39 billion, down 1% year-on-year.
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Nokia reporta un beneficio del primer trimestre 36% por debajo de las previsiones, se enfrenta al impacto de los aranceles estadounidenses, pero ve un crecimiento en América del Norte.