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Home » Nokia Corporation’s (NOK) CEO Rajeev Suri on Q3 2014 Results – Earnings Call Transcript

Nokia Corporation’s (NOK) CEO Rajeev Suri on Q3 2014 Results – Earnings Call Transcript

Nokia Corporation (NOK) hosted a conference call with investors and analysts to discuss Q3 2014 earnings results on October 23, 2014 at 8:00 a.m. ET. The following are the webcast audio and the associated transcript of the event…

Nokia Corporation (ADR) (NYSE:NOK)

Q3 2014 Earnings Conference Call

October 23, 2014 08:00 AM ET


Matt Shimao – Head, IR

Rajeev Suri – President and CEO

Timo Ihamuotila – EVP and Group CFO


Alexander Peterc – Exane BNP Paribas

Gareth Jenkins – UBS

Stuart Jeffrey – Nomura

Sandeep Deshpande – JPMorgan

Andrew Gardiner – Barclays

Mike Walkley – Canaccord Genuity

Joanne Zuo – Deutsche Bank

Tim Long – BMO Capital Markets

Kulbinder Garcha – Credit Suisse

Pierre Ferragu – Bernstein

Mark Sue – RBC Capital Markets

Francois Meunier – Morgan Stanley

Ittai Kidron – Oppenheimer

Ehud Gelblum – Citigroup

Richard Kramer – Arete


Good day. My name is Stephanie and I will be your conference operator today. At this time, I would like to welcome everyone to the Nokia Q3 2014 Earnings Conference Call. All lines have been placed on mute to prevent any background noise. After the speakers’ remarks, there will be a question-and-answer session. (Operator Instructions).

I would now like to turn the call over to Matt Shimao, Head of Investor Relations. Mr. Shimao, you may begin.

Matt Shimao – Head, IR

Ladies and gentlemen, welcome to Nokia’s third quarter 2014 conference call. I’m Matt Shimao, Head of Nokia Investor Relations. Rajeev Suri, President and CEO; and Timo Ihamuotila, EVP and Group CFO, are here in Espoo with me today.

Before we begin our discussion, I’d like to remind and ask investors who plan to attend our Capital Markets Day on November 14 to please register as soon as possible, so that we can optimize the venue logistics. Any questions can be addressed to

During this call, we’ll be making forward-looking statements regarding the future business and financial performance of Nokia and its industry. These statements are predictions that involve risks and uncertainties. Actual results may therefore differ materially from the results we currently expect. Factors that could cause such differences can be both external, such as general economic and industry conditions, as well as internal operating factors. We have identified these in more detail in the risk factors section of our 20-F for 2013 and in our Interim Report issued today.

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