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Nokian Tyres plc

TYRES.HE

Latest Trade

19.96EUR

Change

-0.33(-1.60%)

Volume

138,528

Today's Range

19.86

 - 

20.10

52 Week Range

16.38

 - 

28.71

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

Pricing

Previous Close
20.28
Open
20.05
Volume
138,528
3M AVG Volume
28.62
Today's High
20.10
Today's Low
19.86
52 Week High
28.71
52 Week Low
16.38
Shares Out (MIL)
138.72
Market Cap (MIL)
2,849.29
Forward P/E
25.75
Dividend (Yield %)
3.85

Next Event

Q2 2020 Nokian Tyres plc Earnings Release

Latest Developments

More

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

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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

37101

Finland

+358.10.4017000

https://www.nokianrenkaat.fi/

Executive Leadership

Hille Korhonen

President, Chief Executive Officer, Member of the Management Team

Kari Jordan

Independent Deputy Chairman of the Board

Teemu Kangas-Karki

Finance Director, Member of the Management Board

Andrei Pantioukhov

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

Tytti Bergman

Senior Vice President, People & Culture, Member of the Management Team

Key Stats

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

2017

1.6K

2018

1.6K

2019

1.6K

2020(E)

1.3K
EPS (EUR)

2017

1.610

2018

2.140

2019

2.890

2020(E)

0.796
Price To Earnings (TTM)
13.67
Price To Sales (TTM)
1.86
Price To Book (MRQ)
1.72
Price To Cash Flow (TTM)
8.47
Total Debt To Equity (MRQ)
27.11
LT Debt To Equity (MRQ)
12.85
Return on Investment (TTM)
10.91
Return on Equity (TTM)
8.85

Latest News

Latest News

Finnish tyre maker Nokian shares rally on CEO change

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 edge higher, focus on EU recovery plan

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 names Moisio as CEO

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 first quarter weaker than expected

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 Q1 profit drops more than expected

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.

Tyre industry pushes back against evidence of plastic pollution

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.

Deals of the day-Mergers and acquisitions

The following bids, mergers, acquisitions and disposals were reported by 2000 GMT on Tuesday:

European stocks edge up for the day, but mark worst quarter in 18 years

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 increases stake in Nokian Tyres, shares rebound

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 increases stake in Nokian Tyres, share rebounds

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 announces temporary layoffs, scraps outlook

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.

Tyre maker Nokian to lay off up to 1,630 staff temporarily

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 begins tyre production at new U.S. factory

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.

Tyre maker Nokian completes U.S. factory investment

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.

TIMELINE-From paper mills to 5G: The many lives of Nokia

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.

Michelin sees softer 2020 income, flags coronavirus uncertainty

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.

UPDATE 2-Finland's Nokian ponders tyre changes as climate warms

* Russian market expected to stay weak (Adds CEO comments from analyst call)

Nokian Tyres working on new products as climate change hits winter tyre demand

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 beats Q4 expectations

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..

Daily Briefing: Market angst grows over virus hit

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.

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