HELSINKI : After three quarters of growth, Finland's Nokia is expected to round 2021 off with another set of strong results, which investors hope will lead to the resumption of dividends and a bolder outlook for this year's revenue.
"The reset phase of the strategy is done with and now it could slowly move to steady growth," Inderes analyst Atte Riikola said, adding that Nokia's recovery has benefited from a faster-than-expected rise in demand. Still, the suspension of dividends and cost cuts over the last two years, to sharpen its focus on research to match the equipment made by Ericsson and Huawei, has led the company to regain lost market share.
Nokia last month said it expected comparable operating margins to be 11-13.5per cent in 2022, higher than in 2021, but did not give an estimate for annual sales.
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