Nokia releases 2024 annual report and financial statements

Published 13/03/2025, 22:34
Nokia releases 2024 annual report and financial statements

ESPOO, Finland - Nokia (HE:NOKIA) Corporation has announced the publication of its Nokia in 2024 Annual Report, which includes the company’s audited financial statements, and the filing of its Annual Report on Form 20-F for the year 2024 with the U.S. Securities and Exchange Commission. The report, made available today, encompasses the annual review by the Board of Directors, the Sustainability Statement, corporate governance statement, and the Remuneration Report for its governing bodies.

The documents have been released in PDF format and are accessible on Nokia’s official website. In compliance with the European Single Electronic Format (ESEF) requirements, the financial statements have also been published in XHTML format, tagged with iXBRL markers to ensure transparency and ease of analysis. The independent audit firm Deloitte Oy has provided a reasonable assurance engagement on these ESEF financial statements, adhering to the International Standard on Assurance Engagements ISAE 3000.

In addition to the financial reporting, Nokia’s Sustainability Statement, part of the annual review, adheres to the European Sustainability Reporting Standards (ESRS) and has been assured by Deloitte Oy, which has issued a limited assurance report in line with ISAE 3000 (revised). This underscores Nokia’s commitment to sustainability and transparency in its operations.

Nokia, known for its contributions to the technology sector, positions itself as a B2B innovation leader focused on developing networks capable of sensing, thinking, and acting. The company’s work spans mobile, fixed, and cloud networks, and it continues to leverage its intellectual property and research conducted by the Nokia Bell Labs. The company’s networks are designed to integrate into any ecosystem, aiming to provide secure, reliable, and sustainable solutions for service providers, enterprises, and partners globally.

This announcement is based on a press release statement and provides a factual summary of Nokia’s annual financial and sustainability reporting for the year 2024.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

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