STOCKHOLM, July 14 Reuters Finnish telecom gear group Nokia reported on Friday preliminary secondquarter sales of 5.7 billion euros 6.4 billion and a comparable operating profit margin of 11, and lowered its fullyear outlook.

Analysts polled by Refinitiv had estimated sales of 6.0 billion on average.

Nokia said it now saw 2023 sales of 23.224.6 billion euros 26.127.6 billion against 24.626.2 billion previously. It narrowed its comparable operating margin range outlook to 11.513 from 11.514 previously.

The changes are related to Nokia39;s Network Infrastructure and Mobile Networks business groups, it said.

Nokia is scheduled to publish its full secondquarter earnings report on July 20.

1 0.8906 euros

Reporting by Anna Ringstrom, editing by Louise Rasmussen

Source Reuters