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Provider: Reuters Investment Profile
Provider: Thomson Reuters StreetEvents

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Nokian Renkaat Oyj Updates on H1 2013 Earning Guidance and Repeats FY 2012 Financial Outlook-Reuters

Tuesday, 30 Apr 2013 01:14am EDT 

Reuters reported that Nokian Renkaat Oyj stated that the Company's earnings in the first half (H1) of the fiscal year 2013 will likely be weaker than a year earlier, but repeated its forecast for fiscal year 2013 sales and profit to grow thanks to strength in the Russia market. For the fiscal year 2012 the Company reported revenue of EUR 1,612.40 million. According to I/B/E/S Estimates analysts on average are expecting Nokian Renkaat to report revenue of EUR 1,719.40 million for the fiscal year 2013. 

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