Nestlé & Nokia Q3 Earnings Beat; Nestlé Exits Russia
Nokia posted a strong Q3 beat with operating profit of €605M vs €442M estimated. Nestlé held its 3–4% organic sales growth guidance and formally excluded Russian operations from its consolidated accounts.
What we know
An account on X covers Nokia's Q3: Net sales €5.15B (+10% YoY), EPS €0.09 vs €0.06 est — a 50% YoY EPS beat — and operating profit of €605M against a €442M estimate. Another account on X reports Nestlé maintained its full-year 3–4% organic sales growth guidance after Q3 growth of 4.0%. Separately, Nestlé is formally excluding Russian operations from consolidated accounts after temporary external administration took effect — a notable corporate Russia-exit milestone.
By the Global Eye 24 desk, with AI assistance. Updated as the story develops. Spot an error? Write to corrections@globaleye24.com.