NOKIA: Q2 2026 net sales rose 9% year-over-year, with strong AI & Cloud growth and higher margins
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Q2 2026 saw 9% year-over-year net sales growth, driven by AI & Cloud demand, with comparable operating margin up to 9.0%. Restructuring charges led to a reported operating loss, but full-year profit guidance was raised. Free cash flow was negative, and net cash declined.
Original document: Nokia Oyj [NOKIA] Interim report — Jul. 23 2026
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