for-phone-onlyfor-tablet-portrait-upfor-tablet-landscape-upfor-desktop-upfor-wide-desktop-up

Nokian Tyres plc

TYRES.HE

Latest Trade

24.82EUR

Change

0.21(+0.85%)

Volume

922,372

Today's Range

24.71

 - 

25.24

52 Week Range

23.71

 - 

32.44

As of on the Helsinki Stock Exchange ∙ Minimum 15 minute delay

Pricing

Previous Close
24.61
Open
24.98
Volume
922,372
3M AVG Volume
15.24
Today's High
25.24
Today's Low
24.71
52 Week High
32.44
52 Week Low
23.71
Shares Out (MIL)
138.73
Market Cap (MIL)
3,418.86
Forward P/E
11.06
Dividend (Yield %)
6.34

Next Event

Nokian Tyres plc Q&A Conference Call

Latest Developments

More

Nokian Tyres Q3 Operating Profit EUR 67.5 Million

Nokian Tyres Completes Employee Cooperation Negotiations In Finland

Nokian Tyres Lowers Its Earlier Guidance For Full Year 2019

for-phone-onlyfor-tablet-portrait-upfor-tablet-landscape-upfor-desktop-upfor-wide-desktop-up

About Nokian Tyres plc

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.

Industry

Tires

Contact Info

Pirkkalaistie 7, Pl 20

+358.10.4017000

https://www.nokianrenkaat.fi/

Executive Leadership

Petteri Tapio Wallden

Independent Chairman of the Board

Hille Korhonen

President, Chief Executive Officer, Member of the Management Team

Kari Jordan

Independent Deputy Chairman of the Board

Teemu Kangas-Karki

Chief Financial Officer, Member of the Management Team

Andrei Pantioukhov

Executive Vice President; General Manager, Russia and Asia business area; Member of the Management Team

Key Stats

3.00 mean rating - 20 analysts
Sell
Hold
Buy
Revenue (MM, EUR)

2016

1.4K

2017

1.6K

2018

1.6K

2019(E)

1.6K
EPS (EUR)

2016

1.990

2017

1.610

2018

2.140

2019(E)

2.295
Price To Earnings (TTM)
8.20
Price To Sales (TTM)
2.15
Price To Book (MRQ)
2.02
Price To Cash Flow (TTM)
6.43
Total Debt To Equity (MRQ)
30.53
LT Debt To Equity (MRQ)
14.08
Return on Investment (TTM)
24.36
Return on Equity (TTM)
18.21

Latest News

Latest News

Finland faces fresh wave of strikes next week

Finland was set for a fresh round of strikes at some of its biggest companies from Monday after state mediators failed to negotiate a deal between industrial sector unions and employer organisations on wages and work conditions.

Finland braces for fresh wave of strikes next week

Finland was set for a fresh round of strikes at some of its biggest companies from Monday after state mediators failed to negotiate a deal between industrial sector unions and employer organisations on wages and work conditions.

Postal-led strikes end in Finland, but more to follow

A more than two-week strike at Finland's state postal service Posti that spread to other industries in solidarity actions ended on Wednesday, a national mediator said.

UPDATE 1-Finnish tyre maker Nokian falls short of profit expectations

Finnish tyre maker Nokian Renkaat reported worse than expected third-quarter operating profit on Wednesday, hit by soft demand that prompted a profit warning last week.

Finnish tyre maker Nokian misses Q3 profit expectations

Finnish tyre maker Nokian Renkaat said on Wednesday its third-quarter operating profit fell 21% to 67.5 million euros ($75 million), below the average 78.6 million expected by analysts in a Refinitiv poll. .

Michelin keeps its 2019 guidance but calls for caution

French tyre maker Michelin <MICP.PA> on Thursday maintained its full-year profit guidance but cut its forecast again for the global tyre market, pointing to a sharper-than-expected downturn in the truck segment.

Finnish tyre maker Nokian warns weaker demand will hit 2019 sales

Finnish tyre maker Nokian Renkaat <TYRES.HE> warned on Tuesday its 2019 sales would be lower than earlier forecast due to weak car and tyre markets, and it expects markets to remain soft.

Tyre maker Nokian warns weaker demand will hit 2019 sales

Finnish tyre maker Nokian Renkaat warned on Tuesday its 2019 sales would be lower than it had earlier expected, due to weakened car and tyre markets, and said it sees markets remaining soft.

Nokian Tyres says high inventories in Europe to hurt H2 sales

European distributors are holding back from buying costly winter tyres due to high inventories, Finland's Nokian Tyres said on Thursday, adding it saw weakness in its Russian market too.

REFILE-BRIEF-Nokian Tyres Enters Into Employee Cooperation Negotiations

* NOKIAN TYRES PLC IS ENTERING INTO EMPLOYEE COOPERATION NEGOTIATIONS BASED ON WEAK DEVELOPMENT OF EUROPEAN CAR AND TIRE MARKET

Nokian Tyres seeks to gain traction in North America with new factory

Finnish tire maker Nokian Tyres expects its new U.S. factory in Tennessee to help it double its sales in North America, especially by expanding its all-season tire sales in the region, the company said on Thursday.

Quote and financial data from Refinitiv. Fund performance data provided by Lipper. All quotes delayed a minimum of 15 minutes.

for-phone-onlyfor-tablet-portrait-upfor-tablet-landscape-upfor-desktop-upfor-wide-desktop-up