Nokia Oyj (NYSE:NOK) Q3 2023 Earnings Conference Call October 19, 2023 4:30 AM ET
Company Participants
David Mulholland - Head of Investor Relations
Pekka Lundmark - President & Chief Executive Officer
Marco Wiren - Chief Financial Officer
Conference Call Participants
Alex Peterc - Société Générale
Simon Leopold - Raymond James
Daniel Djurberg - Handelsbanken
Felix Henriksson - Nordea
Richard Kramer - Arete
Andrew Gardiner - Citi
Sandeep Deshpande - JPMorgan
Francois Bouvignies - UBS
Sébastien Sztabowicz - Kepler Cheuvreux
Sami Sarkamies - Danske Bank
Didier Scemama - Bank of America
David Mulholland
Good morning, ladies and gentlemen. Welcome to Nokia's Third Quarter 2023 Results Call. I'm David Mulholland, Head of Nokia Investor Relations. And today, with me here in Espoo is Pekka Lundmark, our President and CEO; along with Marco Wiren, our CFO.
Before we get started, a quick disclaimer. During this call, we will be making forward-looking statements regarding our future business and financial performance. And these statements are predictions that involve risks and uncertainties. Actual results may therefore differ materially from the results we currently expect. Results that could cause - factors that could cause such differences can be both external as well as internal operating factors. We have identified such risks in the Risk Factors section of our annual report on Form 20-F, which is available on our Investor Relations website.
Within today's presentation, references to growth rates will mostly be on a constant currency basis and where we refer to margins, it will be based on our comparable reporting. Please note that our Q3 report and the presentation that accompanies this call are published on our website. The report includes both reported and comparable financial results and a reconciliation between the two.
In terms of the agenda for today's call, Pekka will give a quick overview of some of the announcements we've made this morning along with our financial progress in the quarter. Marco will then go into a bit more detail on some of the key factors influencing our financial performance before Pekka gives a brief conclusion and we move to Q&A.
With that, let me hand over to Pekka.
Pekka Lundmark
Thank you, David and thank you all for joining us today. Before we talk about our financial performance, I wanted to actually start and explain some other announcements we have made today because we are taking decisive action on three levels, strategic, operational and costs.