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Nokian Tyres plc (NRE1V.HE)

NRE1V.HE on Helsinki Stock Exchange

35.50EUR
20 Jan 2017
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Mon, Nov 7 2016

BRIEF-Nokian Tyres appeals tax case

* Says the company is in position to appeal to the administrative court a decision by The Board of Adjustment of the Finnish Tax Administration concerning tax years 2007-2010

UPDATE 1-CEO departure hits shares in Finnish tyre maker Nokian

HELSINKI, Sept 27 The chief executive of Finland's Nokian Tyres, Ari Lehtoranta, is stepping down to take the helm at smaller Finnish company Caverion , raising concerns among investors over the tyre maker's future.

Nokian Tyres CEO to step down

HELSINKI, Sept 27 Finnish tyre maker Nokian Tyres' chief executive Ari Lehtoranta will step down at the end of 2016 to become the CEO of building systems firm Caverion, the companies said on Tuesday.

BRIEF-Finland's Nokian Tyres looks to expand to China, Japan - CEO

* CEO Ari Lehtoranta says company aims to expand to new markets such as China and Japan in the coming years

BRIEF-Nokian Tyres expects to book more bad debt provisions in H2

* CEO Ari Lehtoranta repeats in a news conference he expects the company to book in total 10-18 million euros of bad debt provisions in the full-year.

UPDATE 1-Nokian Tyres Q2 profit falls amid Russia problems

* Finnish tyre maker Nokian Tyres reported its quarterly profit dropped four percent from a year ago as the company faces slow demand and problems with debt collection in Russia, its key market

BRIEF-Nokian Tyres meets market expectations in Q2

* Nokian Tyres Q2 net sales decreased by 2.3 pct to eur 337.4 million

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