52 Week Range
As of on the Helsinki Stock Exchange ∙ Minimum 15 minute delay
3M AVG Volume
52 Week High
52 Week Low
Shares Out (MIL)
Market Cap (MIL)
Dividend (Yield %)
Nokian Tyres PLC Items Affecting Comparability In April-June 2020
Nokian Tyres Says Appointed Jukka Moisio As President And CEO
Nokian Tyres Q1 EBIT At EUR 9.0 Mln
Nokian Tyres plc is a Finland-based company active in the tire manufacturing industry. The Company diversifies its activities into three main business segments: Passenger Car Tires, Heavy Tires and Vianor. The Passenger Car Tires business segment comprises the development and production of summer and winter tires for cars and vans. The Heavy Tires business segment comprises tires for forestry machinery, special tires and agricultural machinery, tractors and industrial machinery. The Vianor business segment is specialized in car maintenance and tyre services. The tyre products cover all sorts of tyres for passenger cars, vans and trucks, as well as heavy specialist machinery. In addition to Nokian Tyres’ products, Vianor also represents and sells other tyre brands. The Company diversifies its activities into six geographical segments: Finland, Sweden, Norway, Russia and the CIS (Commonwealth of Independent States), Other Europe and North America.
Pirkkalaistie 7, Pl 20
President, Chief Executive Officer, Member of the Management Team
Independent Deputy Chairman of the Board
Finance Director, Member of the Management Board
Executive Vice President; General Manager - Russia and Asia business area, Member of the Management Team
Senior Vice President, People & Culture, Member of the Management Team
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Shares in Finnish tyre maker Nokian Tyres Plc jumped on Wednesday on hopes new chief executive can halt a fall in profits and boost the value of the company.
European shares inched higher on Wednesday as investors focused on a fresh stimulus plan for the European Union, while renewed U.S.-China tensions over Hong Kong tempered optimism about a global economic recovery.
Finnish tyre maker Nokian Tyres Plc <TYRES.HE> said late on Tuesday its board has appointed Jukka Moisio as chief executive, taking over from Hille Korhonen, whose three-year tenure was marked by decline of almost 50% in the company's value.
Finnish tyre maker Nokian <TYRES.HE> said on Tuesday its first-quarter operating profit fell sharply, hit by high inventories in Russia, mild winter and coronavirus outbreak.
Finnish tyre maker Nokian said on Tuesday its first-quarter operating profit fell sharply, hit by high inventories in Russia, mild winter and coronavirus outbreak.
A growing body of scientific research linking tyre wear to microplastic pollution, as well as increasing scrutiny from lawmakers in the European Union (EU), has led the $180 billion-a-year tyre industry to fight back.
The following bids, mergers, acquisitions and disposals were reported by 2000 GMT on Tuesday:
European stock markets ended higher after sporadic moves on Tuesday, clocking their worst quarter in nearly 18 years following a brutal sell-off on the heels of the coronavirus outbreak.
Finland's state investment arm Solidium said on Tuesday it had increased its stake in Nokian Tyres <TYRES.HE>, sending the Finnish tyre maker's share up more than 15%.
Finland's state investment arm Solidium said on Tuesday it had increased its stake in Nokian Tyres , sending the Finnish tyre maker's share up more than 13% in morning trade.
Finland's Nokian Tyres said on Friday it would temporarily lay off its 1,630 Finnish employees for up to 90 days as the coronavirus outbreak has increased uncertainty in the car and tyre market.
Finnish tyre maker Nokian Tyres will implement temporary layoffs for up to 1,630 employees in Finland because of the coronavirus outbreak, it said on Wednesday.
Finland's Nokian Tyres <NRE1V.HE> has begun commercial production at its new U.S. factory in Dayton, Tennessee, the company said on Monday, as it seeks to diversify its business away from reliance on tyres for winter conditions.
Finnish tyre maker Nokian Tyres has begun producing tyres for commercial sale at its new U.S. factory in Dayton, Tennessee, the company said on Monday.
Pekka Lundmark will take over as Nokia chief executive in September to lead the former handset giant in its battle for the fast-growing 5G networks business.
French tire maker Michelin <MICP.PA> forecast on Monday a slightly lower operating income in 2020, saying the forecast did not include the systemic effect of the coronavirus crisis in China.
* Russian market expected to stay weak (Adds CEO comments from analyst call)
Nokian Tyres said on Tuesday that climate change was driving it to develop new products as demand for winter tyres slipped in the fourth quarter due to warmer than usual weather in the key markets of Russia, the Nordics and Central Europe.
Finnish tyre maker Nokian said on Tuesday its fourth-quarter operating profit fell 13.8% to 101 million euros ($111.6 million), above the average 98.7 million expected by analysts in a Refinitiv poll..
With the Federal Reserve’s first policy decision of the new year out of the way, investor angst over China’s coronavirus outbreak went up another notch on Thursday.
Quote and financial data from Refinitiv. Fund performance data provided by Lipper. All quotes delayed a minimum of 15 minutes.