Nokian Tyres reports 15.5% y/y rise in net profit to USD263 million for FY 2015/16

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Financial results

Expects sales and profit to remain flat in FY 2016/17

Nokian Tyres has reported a 15.5% year-over-year (y/y) growth in net profit to EUR240.7 million (USD262.9 million, 31 December 2015) in the financial year ended 31 December 2015, the company said in a press release.

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