Nokian Tyres’ Q1 net profit up more than three times y/y to USD147 million

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Financial results

Expects sales in Russia to decline

Nokian Tyres’ profit increased by 249% year-over year (y/y) to EUR135.3 million (USD146.8 million, 31 March 2015) in the first quarter ended 31 March 2015, the company said in a press release.

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