Nokia (NOK) earnings review and outlook

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Nokia (NOK) earnings review and outlook:

1. Solid ASN (€1.75 bn order book for 21) & Digital Enterprise businesses.
2. Base effects of the slowdown in China will flow out into 2022 & LatAm recovery in 2022 also,
3. Strong free cash flow & liquidity.
4. Margin expansion

Timecodes:
00:00 Intro
00:32 Thoughts on volatility
01:52 Bullet points from CC
05:47 Financials
06:43 Valuations
07:08 EU market share
08:51 Improving unit economics
10:22 Chart analysis

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Please note that CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 67% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money

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