How Much Has Nokia’s Revenue & EBITDA Changed In The Last Five Years?
Nokia’s revenues have fallen 19% in the last five years primarily due to the sale of the maps unit, HERE, and a significant decline Networks revenues, which can be attributed to major restructuring and shedding of non-core businesses that led to a decline in Nokia’s wireless market share. On the other hand, the company’s EBITDA has increased 38% in the last five years due to Networks margins improving two-fold. This is attributable to the acquisition of Motorola Solutions’ wireless network business in 2011 as well as several restructuring and cost-cutting initiatives.
Have more questions about Nokia? See the links below:
- What Is Nokia’s Revenue & Net Income Breakdown In Terms of Different Segments?
- How Has Nokia’s Revenue & Cash Profit Composition Changed In The Last Five Years?
- How Important Is The Licensing Business For Nokia?
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Notes:
1) The purpose of these analyses is to help readers focus on a few important things. We hope such lean communication sparks thinking, and encourages readers to comment and ask questions on the comment section, or email content@trefis.com
2) Figures mentioned are approximate values to help our readers remember the key concepts more intuitively. For precise figures, please refer to our complete analysis for Nokia
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