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Nokian Tyres plc (NRE1V.HE)

NRE1V.HE on Helsinki Stock Exchange

29.45EUR
21 Jan 2019
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€41.26
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€26.35

Latest Key Developments (Source: Significant Developments)

Nokian Tyres Aims To Pay Stable Or Growing Dividends -CFO
Tuesday, 13 Nov 2018 

Nov 13 (Reuters) - Nokian Tyres plc ::NOKIAN TYRES CFO SAYS EXPECTS NO MAJOR CHANGES IN DIVIDENDS, SAYS THE AIM IS TO PAY STABLE OR GROWING DIVIDENDS.  Full Article

Nokian Tyres sets new financial targets for 2019-2021
Monday, 12 Nov 2018 

Nov 12 (Reuters) - Nokian Tyres ::FINANCIAL TARGETS FOR 2019-2021.SAYS DECIDED ON NEW FINANCIAL TARGETS FOR 2019-2021.SAYS NEW FINANCIAL TARGETS ARE: - GROWING FASTER THAN MARKET: CAGR ABOVE 5% WITH COMPARABLE CURRENCIES.SAYS HEALTHY PROFITABILITY: EBIT AT LEVEL OF 22%.SAYS GOOD RETURNS FOR OUR SHAREHOLDERS: DIVIDEND ABOVE 50% OF NET EARNINGS.PREVIOUS FINANCIAL TARGETS FOR 2016–2018 WERE: AVERAGE ANNUAL SALES GROWTH OF 4–5% AT A MINIMUM (AT STABLE CURRENCY EXCHANGE RATES), THE BEST OPERATING PROFIT LEVEL IN THE INDUSTRY, A MINIMUM OF 22%, GOOD RETURNS FOR OUR SHAREHOLDERS: DIVIDEND OF AT LEAST 50% OF NET EARNINGS.  Full Article

Nokian Tyres Cuts 2018 Financial Outlook
Wednesday, 31 Oct 2018 

Oct 31 (Reuters) - Nokian Tyres plc ::LOWERS ITS GUIDANCE FOR 2018.IN 2018, NET SALES AND OPERATING PROFIT ARE EXPECTED TO BE AT SAME LEVEL OR SLIGHTLY HIGHER COMPARED WITH 2017 DUE TO CONTINUED NEGATIVE CURRENCY IMPACT..EARLIER GUIDANCE: NET SALES AND OPERATING PROFIT ARE EXPECTED TO GROW COMPARED WITH 2017.DUE TO CONTINUED NEGATIVE CURRENCY IMPACT, NOKIAN TYRES PLC LOWERS ITS EARLIER GUIDANCE FOR 2018.  Full Article

Nokian Tyres Q2 Beats Expectations
Wednesday, 8 Aug 2018 

Aug 8 (Reuters) - NOKIAN TYRES PLC ::Q2 SALES 429.1 MILLION EUROS (REUTERS POLL 409 MILLION EUROS).Q2 EBIT 108.0 MILLION EUROS (REUTERS POLL EUR 99.7 MILLION).SAYS GUIDANCE IS UNCHANGED.TO INCREASE PRODUCTION CAPACITY FOR PASSENGER CAR TYRES IN FINLAND BY APPROXIMATELY 1 MILLION TYRES BY STARTING TO RUN FACTORY SIX DAYS A WEEK.CONSTRUCTION WORK AT OUR NEW US FACTORY IN DAYTON, TENNESSEE, IS ALSO PROCEEDING AS PLANNED.IN 2018, WITH CURRENT EXCHANGE RATES, NET SALES AND OPERATING PROFIT ARE EXPECTED TO GROW COMPARED WITH 2017.  Full Article

Nokian Tyres Gets Favourable Court Ruling In Tax Dispute Case
Monday, 14 May 2018 

May 14 (Reuters) - Nokian Tyres plc ::SAYS ADMINISTRATIVE COURT RULING IN THE TAX DISPUTE CASE 2007-2010 POSITIVE FOR THE COMPANY.SAYS ADMINISTRATIVE COURT HAS OVERTURNED TAX REASSESSMENT DECISIONS OF EUR 89.2 MILLION OF THE BOARD OF ADJUSTMENT COMPLETELY AND ORDERED TAX ADMINISTRATION ALSO TO PAY NOKIAN TYRES LEGAL COSTS WORTH OF EUR 40,000.SAYS ADJUSTMENTS TO FINANCIAL REPORTING OF NOW RECEIVED RULING FROM ADMINISTRATIVE COURT WILL BE DONE WHEN RULING IS FINAL .  Full Article

Nokian Tyres Shares Fall As Q1 Results Miss Market Expectations
Wednesday, 9 May 2018 

May 9 (Reuters) - Nokian Tyres plc ::SHARES FALL 5.3 PERCENT BY 0702 GMT AFTER Q1 RESULTS.  Full Article

Nokian Tyres CFO Anne Leskelä To Resign
Wednesday, 4 Apr 2018 

April 4 (Reuters) - NOKIAN TYRES PLC ::NOKIAN TYRES' CFO ANNE LESKELÄ TO RESIGN.LESKELÄ CONTINUES IN HER POSITION UNTIL BEGINNING OF JULY 2018.COMPANY WILL IMMEDIATELY START RECRUITMENT PROCESS FOR A NEW CFO.  Full Article

Nokian Heavy Tyres To Increase Capacity In Finnish Plant
Friday, 22 Dec 2017 

Dec 22 (Reuters) - Nokian Tyres Plc ::NOKIAN HEAVY TYRES SAYS TO INCREASE ITS PRODUCTION CAPACITY BY 50 PERCENT, INVESTING EUR 70 MILLION IN NOKIA PLANT.NOKIAN TYRES SAYS WITH THE CAPACITY INCREASE, APPROXIMATELY 50 NEW PEOPLE WILL BE HIRED FOR THE PRODUCTION OF HEAVY TYRES.NOKIAN HEAVY TYRES LTD SAYS HAS ALSO SIGNED AN AGREEMENT WITH LOCAL LABOUR UNION ON INCREASING COMPETITIVENESS THROUGH FLEXIBILITY.  Full Article

Nokian Tyres says BMW approved its winter tyre for X1 SAV
Tuesday, 5 Dec 2017 

Dec 5 (Reuters) - Nokian Tyres Plc ::SAYS STRENGTHENS ITS COOPERATION WITH CAR MANUFACTURERS IN CENTRAL EUROPE​.SAYS BMW GROUP HAS APPROVED THE NOKIAN WR D4 WINTER TYRE AS ORIGINAL EQUIPMENT FOR BMW X1.  Full Article

Nokian Tyres sees Q4 sales roughly flat yr/yr
Wednesday, 1 Nov 2017 

Nov 1 (Reuters) - Nokian Tyres Plc :Chief Executive Hille Korhonen tells a news conference that Q4 sales are seen roughly flat year/year, while on EBIT she said she was "slightly more positive".Korhonen notes that Q4 was strong in 2016.  Full Article

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Tyre maker Nokian sets wheels in motion in China and Japan

HELSINKI Finland's Nokian Tyres has set its sights on future growth opportunities in China and Japan, Chief Executive Hille Korhonen said on Tuesday.