Nokia Oyj · OMXHEX:NOKIA
Nokia Oyj — Q4 2011 Earnings Presentation
9 slides from Nokia Oyj's earnings presentation, Jan 26, 2012
Slide 1: Nokia Conference Call: 4Q 2011 & Full Year 2011 Financial Results
Nokia Conference Call 4Q 2011 & Full Year 2011 Financial Results January 26, 2012 15.00 Helsinki time 8.00 New York time Stephen Elop President & CEO Timo Ihamuotila CFO Matt Shimao Head of Investor Relations 1 © Nokia 2012 Fourth Quarter 2011 and Full Year 2011 Financial Results
Slide 2: Disclaimer
Disclaimer It should be noted that certain statements herein which are not historical facts are forward-looking statements, including, without limitation, those regarding: A) the expected plans and benefits of our strategic partnership with Microsoft to combine complementary assets and expertise to
Slide 3: Stephen Elop, CEO
Stephen Elop CEO 3 © Nokia 2012 Fourth Quarter 2011 and Full Year 2011 Financial Results
Slide 4: © Nokia 2012 Fourth Quarter 2011 and Full Year 2011 Financial Results
4 © Nokia 2012 Fourth Quarter 2011 and Full Year 2011 Financial Results
Slide 5: Timo Ihamuotila, CFO
Timo Ihamuotila CFO 5 © Nokia 2012 Fourth Quarter 2011 and Full Year 2011 Financial Results
Slide 6: Devices & Services: 4Q 2011 Highlights
Devices & Services: 4Q 2011 Highlights • Net sales were 6.0 billion Euro, up 11 percent sequentially and down 29 percent year over year • Non-IFRS gross margin in Q4 was 25.8 percent, up 10 basis points sequentially primarily driven by higher gross margins in Mobile Phones, offset by lower Devices &
Slide 7: Nokia Siemens Networks: 4Q 2011 Highlights
Nokia Siemens Networks: 4Q 2011 Highlights • Net sales were 3.8 billion Euro, up 12 percent sequentially and down 4 percent year over year • Non-IFRS gross margin was 29.2 percent, up 240 basis points sequentially • Non-IFRS OPEX was 943 million Euro, up approximately 7 million Euro on a sequential
Slide 8: Location & Commerce: 4Q 2011 Highlights
Location & Commerce: 4Q 2011 Highlights • Net sales were 306 million Euro, up 9 percent sequentially and up 15 percent year over year • Non-IFRS gross margin in Q4 was 77.8 percent, down 380 basis points sequentially • Non-IFRS OPEX was 206 million Euro, up approximately 5 million Euro on a sequenti
Slide 9: Q&A Session
Q&A Session 9 © Nokia 2012 Fourth Quarter 2011 and Full Year 2011 Financial Results