Nokian Tyres’ net profit up 2.9% y/y to USD586.3 million in Q3

News
Financial results

Expects net sales, operating profit to remain at the same level in 2016 compared to 2015

In the third quarter ended 30 September 2016, Nokian Tyres’ net sales increased by 2% year-on-year (y/y) to EUR 317.2 million (USD3.1 million, 30 September 2016), Operating profit increased 2.4% to EUR 74.1 million, and net profit increased by 2.9% to EUR59.4 million, according to a company press release.

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