Nokian Tyres plc: Business description, financial summary, 3yr and interim financials, key statistics/ratios and historical ratio analysis.
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Nokian Renkaat Oyj Introduces New Winter Tires
Nokian Renkaat Oyj announced that it renews its winter tire range for northern conditions by introducing three new products into the Hakkapeliitta winter tire family. In addition to the core products, the Company is also introducing two new winter tires for the Central European and North American markets. The new products are: the studded Nokian Hakkapeliitta 8, Nokian Hakkapeliitta R2 and the non-studded Nokian Hakkapeliitta R2 SUV winter tire, specially tailored for sport utility vehicles. Nokian Tyres is introducing the new Hakkapeliitta products to its partners at its own testing center in Ivalo, Finland in the coming weeks. In addition to the launch in Ivalo, the Nordic countries and Russia will have their own promotional tours. All of the Hakkapeliitta products are aimed at the Company's core markets in the Nordic countries and Russia. The tires will start shipping to retailers in early 2013. During the spring, the Company is also launching the Nokian WR SUV 3 winter tire, developed for Central Europe’s varying winter conditions and the SUV segment. The new Nokian WR G3 for passenger cars, on the other hand, is an extension of the Nokian Tyres' All Weather Plus product line for the North American market.
Latest Developments for Nokian Tyres plc
- Nokian Tyres issues FY 2014 outlook in line with analysts' estimates
- Nokian Tyres plc received 73.3 mln euros additional payable tax in Finland regarding years 2008-2010; to propose FY 2013 dividend on previous year's level
- Nokian Tyres says EUR 26.9 mln additional payable tax in Finland does not change proposed FY 2013 dividend
- Nokian Tyres plc Repeats FY 2013 Financial Guidance Revised on October 4, 2013
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