Nokia CEO's Early Comments Point to No Change in Strategy -- Market Talk

Dow Jones

04-24

0739 GMT - Nokia's new CEO's early comments don't suggest that a change in strategy might be in the cards, Jefferies analysts Janardan Menon and Om Bakhda say in a note. "The new CEO Justin Hotard has taken over, but his comments so far have not pointed to any change in strategy," the analysts say. Hotard said he plans to give an update on his strategic priorities for the company alongside second-quarter results, followed by a more comprehensive presentation at a capital markets day in November. Shares in Nokia fall 6.4% after the Finnish telecommunications-equipment company's first-quarter results. (adria.calatayud@wsj.com)

(END) Dow Jones Newswires

April 24, 2025 03:40 ET (07:40 GMT)

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Hotard said he plans to give an update on his strategic priorities for the company alongside second-quarter results, followed by a more comprehensive presentation at a capital markets day in November. Shares in Nokia fall 6.4% after the Finnish telecommunications-equipment company's first-quarter results. 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Hotard said he plans to give an update on his strategic priorities for the company alongside second-quarter results, followed by a more comprehensive presentation at a capital markets day in November. Shares in Nokia fall 6.4% after the Finnish telecommunications-equipment company's first-quarter results. 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Hotard said he plans to give an update on his strategic priorities for the company alongside second-quarter results, followed by a more comprehensive presentation at a capital markets day in November. Shares in Nokia fall 6.4% after the Finnish telecommunications-equipment company's first-quarter results. (adria.calatayud@wsj.com) \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  April 24, 2025 03:40 ET (07:40 GMT)\n\n\n  Copyright (c) 2025 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"code":"91000000","status":"200"}}}