Nokian Tyre’s Q2 net profit down 4.9% y/y to USD68 million

News
Financial results

Net sales fell by 2.3% to EUR 337.4 million

Finnish tire-maker Nokian Tyres has reported a 4.9% year-over-year (y/y) fall in net profit to EUR61.3 million (USD68 million as on 30 June 2016) for the three months ended 30 June 2016, the company said in a press release.

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