Nokia reports stronger cash flow and improving orders in Q1 2024 despite market weakness. The company sees a rebound in the second half of 2024 after a 19% drop in first-quarter sales. Q1 comparable profit grew less than expected, marking a low point in mobile networks demand.
Weak market remains but improving order trends provide confidence in stronger second half in 2024. Read the Q1 2024 financial report and listen to the analyst webcast recording here: https://t.co/z2czRufEgg #TeamNokia #QComms https://t.co/aXSub11uAm
Mobile World Live: Nokia chief brands Q1 low point for mobile network demand https://t.co/Eqcv3rMd5v
Nokia says it expects rebound in second half of 2024 following 19% drop in first quarter sales https://t.co/dT1J5eQ5Pw
Nokia reported higher first-quarter profit than analysts expected https://t.co/YQ1fVADK6s
Nokia says first quarter marks low point in mobile networks demand https://t.co/fpA1ynnL3P
Nokia sees stronger H2 after Q1 comparable profit grows less than expected https://t.co/rFqKDjiLgb https://t.co/DKNiLYNBMS
Nokia Says Demand in Mobile Networks Reached Bottom https://t.co/S4SQNIqWsP
We delivered strong cash flow and improving orders despite market weakness. Learn more about our Q1 2024 results, here: https://t.co/kn5JGeY1du #TeamNokia #QComms https://t.co/Rka6HpBerQ