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Finland's Nokia Outlook Revised To Negative From Stable On Expectation Of Margin Pressure; 'A/A-1' Ratings Affirmed

Published Jun 22, 2010

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Abstract:

The operating margins of Finland-based mobile telecommunications equipment manufacturer Nokia Corp have come under strong pressure since the end of 2008. We are revising our outlook on Nokia to negative from stable and affirming our 'A/A-1' long- and short-term ratings. A downgrade is possible in the next 12-18 months if the profitability of the group's handset segment fails to recover from our expectation of weaker levels over the next two quarters. Nokia continues to benefit from a strong balance sheet and liquidity position. FRANKFURT (Standard&Poor's) June 22, 2010--Standard&Poor's Ratings Services said today that it revised the outlook on Finland-based mobile telecommunications equipment manufacturer Nokia Corp. to negative from stable. At the same time, we affirmed the

Report Type:

Ratings Action

Issuer

Nokia Corp.

GICS

Communications Equipment (45201020)

Sector

Global Issuers

Country

Finland

Region

United States

Format:

HTML

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MLA:	S&P Global Ratings’ Credit Research. "Finland's Nokia Outlook Revised To Negative From Stable On Expectation Of Margin Pressure; 'A/A-1' Ratings Affirmed" Jun 22, 2010. Alacra Store. May 04, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Finland-s-Nokia-Outlook-Revised-To-Negative-From-Stable-On-Expectation-Of-Margin-Pressure-A-A-1-Ratings-Affirmed-805376>

APA:	S&P Global Ratings’ Credit Research. (). Finland's Nokia Outlook Revised To Negative From Stable On Expectation Of Margin Pressure; 'A/A-1' Ratings Affirmed Jun 22, 2010. New York, NY: Alacra Store. Retrieved May 04, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Finland-s-Nokia-Outlook-Revised-To-Negative-From-Stable-On-Expectation-Of-Margin-Pressure-A-A-1-Ratings-Affirmed-805376>

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