Nokia Oy operates in the Radio & TV communications equipment sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Nokia with three other
audio-visual equipment producers in Europe:
Thales SA
of France
(2017
sales of 15.80 billion Euro [US$19.55 billion]
of which 51%
was Defence & Security),
Vestel Elektronik Sanayi Ve Ticaret A.S.
of Turkey
(12.10 billion Turkish Liras [US$3.02 billion]
of which 59%
was Television), and
Technicolor SA
which is
based in France
(4.23 billion Euro [US$5.24 billion]
of which 57%
was Connectec House).
Sales Analysis.
Nokia reported sales of 23.15 billion Euro (US$28.65 billion)
for the
year ending
December of 2017.
This
represents
a
decrease of 2.0%
versus 2016, when the company's sales were 23.61 billion Euro.
Contributing to the drop in overall sales was the 5.9% decline
in Nokia Networks Total, from 21.80 billion Euro to 20.52 billion Euro.
There were also decreases in sales in
Common Group Functions (down 4.3% to 1.06 billion Euro)
.
However, these declines were partially offset by the increase in sales of
Nokia Technologies (up 57.9% to 1.64 billion Euro)
.