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Nokian Tyres plc

TYRES.HE

Latest Trade

33.27EUR

Change

0.89(+2.75%)

Volume

882,482

Today's Range

32.10

 - 

33.43

52 Week Range

28.68

 - 

36.70

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

Pricing

Previous Close
32.38
Open
32.16
Volume
882,482
3M AVG Volume
8.11
Today's High
33.43
Today's Low
32.10
52 Week High
36.70
52 Week Low
28.68
Shares Out (MIL)
138.22
Market Cap (MIL)
4,498.29
Forward P/E
18.98
Dividend (Yield %)
3.71

Next Event

Q4 2021 Nokian Tyres plc Earnings Release

Latest Developments

More

Nokian Tyres Q3 EBIT At EUR 96.9 Mln, Above Expectations

Nokian Tyres Targets Net Sales Of EUR 2 Bln In Mid-Term

Nokian Tyres Signs A 10-Year Agreement With The Nordic Energy Company Gasum

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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

Jukka Hienonen

Independent Chairman of the Board

Jukka Moisio

President, Chief Executive Officer, Member of the Management Board

Kari Jordan

Independent Deputy Chairman of the Board

Teemu Kangas-Karki

Chief Financial Officer, Member of the Management Board

Andrei Pantioukhov

Executive Vice President - Russia, Asia and Global Marketing, Member of the Management Board

Key Stats

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

2018

1.6K

2019

1.6K

2020

1.3K

2021(E)

1.6K
EPS (EUR)

2018

2.140

2019

2.890

2020

0.620

2021(E)

1.708
Price To Earnings (TTM)
19.89
Price To Sales (TTM)
2.79
Price To Book (MRQ)
2.83
Price To Cash Flow (TTM)
12.46
Total Debt To Equity (MRQ)
21.52
LT Debt To Equity (MRQ)
15.30
Return on Investment (TTM)
12.46
Return on Equity (TTM)
8.90

Latest News

Latest News

UPDATE 2-Carmakers put European stocks on road to record-high close

* Automakers surge to record highs (Updates with closing market prices)

UPDATE 2-Nokian Tyres beats profit expectations after raising prices

* CEO says cost inflation will continue to impact profits (Adds details on profits, rivals and cost outlook)

Nokian Tyres second-quarter earnings beat forecasts

Finland's Nokian Tyres on Tuesday reported a stronger-than-expected rise in quarterly operating profit and said it remains on track to significantly exceed last year's core earnings.

Pre-ECB jitters knock 1% off European stocks

European stocks marked their biggest decline in three weeks on Wednesday, a day before a European Central Bank meeting that will see policymakers debate a cut in its pandemic-era stimulus program.

UPDATE 2-Finland's Nokian Tyres shares decline as raw material costs increase

* Says is still on track to exceed last year's earnings. (Updates share price, adds CEO and analyst comments)

Finland's Nokian Tyres Q2 operating profit beats forecasts

Finland's Nokian Tyres reported stronger-than-expected second-quarter operating profit on Tuesday and said it remains on track to exceed last year's core earnings.

UPDATE 2-Nokian Tyres' shares up after profit and sales beat forecasts

Finnish tyre maker Nokian Tyres saw shares rise 4% on Tuesday after it beat first-quarter earnings forecasts, with a recovery in demand from the COVID-19 pandemic helping it deliver all-time high sales volumes.

UPDATE 1-Nokian Tyres expands capacity, shares rise

Finland's Nokian Tyres plans to raise its output to three million tyres in 2021 and to four million next year, up from two million in 2020, the company said after announcing a capacity increase on Monday.

Nokian Tyres aims to double its output to 4 mln units in 2022

Finnish tyre maker Nokian will double its production to four million tyres in 2022 from two million last year, a senior executive told Reuters on Monday.

UPDATE 1-Finnish prosecutor to press charges against Nokian Tyres

Finnish prosecutors have decided to press charges against Finnish tyre maker Nokian's 2015-2016 board members, former chief executive and certain employees for suspected securities markets offences, the company said on Thursday.

Finnish prosecutor to press charges against Nokian Tyres

Finnish prosecutors have decided to press charges against Finnish tyre maker Nokian's 2015-2016 board members, former chief executive and certain employees for suspected securities markets offences, the company said on Thursday.

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.

EUROPE RESEARCH ROUNDUP-Ambu, BB Biotech, Wirecard

Securities analysts revised their ratings and price targets on several European companies, including Ambu, BB Biotech and Wirecard, on Wednesday. HIGHLIGHTS * Ambu A/S : JP Morgan cuts to neutral from overweight * BB Biotech AG : Baader Helvea raises to add from reduce *...

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:

UPDATE 2-European stocks edge up for the day, but mark worst quarter in 18 years

* "I still fear this is just a rally in a bear market"- analyst

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

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