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Nokia beats estimates as it scales down venture fund investments

Published October 23, 2025 Updated October 23, 2025 10:24am
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Finnish telecoms equipment maker Nokia reported third-quarter profit ahead of expectations on Thursday and said that it will scale down its passive venture fund investments.

Comparable operating profit in the quarter through September reached 435 million euros ($507.30 million).

Analysts polled by LSEG expected the same figure to reach 342 million euros.