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Nokia Cuts Profit Forecast Citing Dollar Weakness, Tariffs

Nokia Cuts Profit Forecast Citing Dollar Weakness, Tariffs

Bloomberg22-07-2025
Nokia Oyj said it cut its profit guidance for the year, citing a weaker US dollar and tariffs.
The Espoo-Finland based company now expects operating profit for the year to be €1.6 billion ($1.9 billion) to €2.1 billion, down from its January guidance of €1.9 billion to €2.4 billion, it said in a statement on Tuesday.
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