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Nokia Unveils Annual Report Highlighting 2024 Achievements

Nokia Unveils Annual Report Highlighting 2024 Achievements

Nokia Releases Its Comprehensive Annual Report for 2024

Nokia Corporation today announced the publication of its highly anticipated Nokia in 2024 Annual Report. This report provides detailed insights into the company's financial health, governance practices, and sustainability efforts. The report is now available in various formats, catering to the preferences of investors, analysts, and the general public.

Key Highlights of the Annual Report

Included in the Nokia in 2024 Annual Report are audited financial statements, which offer a transparent view of the company's economic performance over the past year. The report also features a thorough review by the Board of Directors, including important elements such as the Sustainability Statement and the Remuneration Report for the governing bodies of the organization.

Commitment to Sustainability

Nokia has taken significant strides in sustainability, as evident in the Sustainability Statement included in the annual review. This document is aligned with the European Sustainability Reporting Standards (ESRS) and the relevant Finnish Accounting Act standards. Furthermore, it has undergone rigorous assurance by Deloitte Oy, which emphasizes Nokia's commitment to accountability and transparency.

Accessibility of Financial Information

To meet the needs of stakeholders, the financial statements are made available not only in PDF format but also in XHTML, adhering to the European Single Electronic Format (ESEF) reporting requirements. This highlights Nokia's dedication to compliance and providing easy access to critical data for investors and analysts alike.

Independent Auditors Shine a Light on Accountability

The independent audit firm Deloitte Oy conducted a thorough assessment of Nokia's ESEF financial statements, showcasing the strong governance framework in place. As part of their engagement, Deloitte provided a limited assurance report, reinforcing the reliability of the presented financial data.

About Nokia: A Leader in Technology Innovation

Nokia is at the forefront of technological advancements, focusing on creating networks that empower the world to connect and operate seamlessly together. As a prominent B2B technology innovation leader, Nokia develops high-performance networks by leveraging its expertise in mobile, fixed, and cloud technologies.

100 Years of Innovation

Celebrating a century of innovation, Nokia Bell Labs is instrumental in the company's research and development endeavors. This renowned establishment has consistently been a beacon of technological breakthroughs, establishing Nokia's long-term commitment to pushing the boundaries of what is possible.

Global Partnerships and Future Endeavors

Nokia collaborates with service providers, enterprises, and partners globally, fostering secure and sustainable networks that are tailored to adapt to changing market demands. This commitment not just supports current operations but also paves the way for future digital services and applications.

Contact Information for Inquiries

Nokia values open communication and encourages interested parties to reach out with any inquiries. The contact details for Nokia Communications are as follows:

Phone: +358 10 448 4900
Email: press.services@nokia.com

For investor relations, please contact Maria Vaismaa, Global Head of External Communications:

Phone: +358 931 580 507
Email: investor.relations@nokia.com

Frequently Asked Questions

What is included in Nokia's Annual Report for 2024?

The report includes audited financial statements, a governance review, and sustainability efforts.

What commitment has Nokia made toward sustainability?

Nokia’s Sustainability Statement is aligned with European standards and has been assured by Deloitte Oy.

How can stakeholders access Nokia's financial information?

Nokia provides financial statements in PDF and XHTML formats to enhance accessibility.

Who conducted the independent audit for Nokia's financial statements?

Deloitte Oy performed the independent audit, ensuring accountability and transparency.

How does Nokia plan for the future?

Nokia focuses on innovation and partnerships to develop future digital services and applications.

About The Author

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The content of this article is based on factual, publicly available information and does not represent legal, financial, or investment advice. Investors Hangout does not offer financial advice, and the author is not a licensed financial advisor. Consult a qualified advisor before making any financial or investment decisions based on this article. This article should not be considered advice to purchase, sell, or hold any securities or other investments. If any of the material provided here is inaccurate, please contact us for corrections.

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