Inside information: nokia provides an update on group strategy, 2026 comparable operating margin target and preliminary assumptions for 2024

Nokia corporationinside information12 december 2023 at 8:00 eet inside information: nokia provides an update on group strategy, 2026 comparable operating margin target and preliminary assumptions for 2024 nokia's business groups will have increased autonomy to pursue growth strategies, portfolio management, investments and strategic partnerships increases reporting transparency and will provide business group level cash flow reporting and regional sales, beginning 2024 revises comparable operating margin target to at least 13% by 2026 (previously at least 14%); remains confident in further opportunities to increase margins beyond 2026 provides initial planning assumptions by business group for 2024, group guidance will follow with nokia's q4 results on january 25 provides further detail on strategy for mobile networks to unlock long-term value espoo, finland - today, nokia will host an investor and analyst event to provide an update on its execution against its group strategy, initial planning assumptions for 2024 and a revised comparable operating margin target for 2026. it will also outline its strategy to give more autonomy to its four business groups.
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