Q1 2024 Earnings Report

Working capital decreased to 7.3%, driven by lower inventories and receivables, partly offset by lower payables In EURm / as % of sales 8.3% 13 617 -273 -100 bps 224 -95 7.3% 0 473 Q1 23 Inventories Trade & other receivables Trade & other payables Other working Q1 24 capital items Signify

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