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Nokian Renkaat Oyj (TYRES.HE)

Helsinki - Helsinki Real Time Price. Currency in EUR
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10.34+0.44 (+4.44%)
At close: 06:29PM EEST
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Neutralpattern detected
Previous Close9.90
Open9.79
Bid10.31 x N/A
Ask10.31 x N/A
Day's Range9.61 - 10.34
52 Week Range9.61 - 35.90
Volume697,657
Avg. Volume756,618
Market Cap1.43B
Beta (5Y Monthly)1.00
PE Ratio (TTM)5.74
EPS (TTM)1.80
Earnings DateNov 01, 2022
Forward Dividend & Yield0.55 (5.67%)
Ex-Dividend DateNov 02, 2022
1y Target Est10.73
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    • Reuters

      Russian subsidiary of Nokian Tyres submits proposal to continue operating

      CEO of the Russian unit Andrei Pantyukhov said the local company had submitted a proposal to the board of directors that would allow it to continue autonomous operations in Russia. "The board of directors may also look at other potential solutions as part of a controlled exit from the market," he said in a statement.

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      Finland's Nokian Tyres joins peer Michelin in exiting Russia

      COPENHAGEN (Reuters) -Finland's Nokian Tyres said on Tuesday it would initiate a "controlled exit" from the Russian market, having already scaled down the production of its Russian tyre plant after Moscow's invasion of Ukraine. The announcement followed a similar move earlier on Tuesday by its French peer Michelin which said it would hand over its Russian operations to local management. Nokian Tyres, which used to make 80% of its passenger car tyres in neighbouring Russia, said it would evaluate different options for the exit.

    • Reuters

      Finland's Nokian Tyres lifts sales outlook despite Russia uncertainty

      The company, which used to make 80% of its passenger car tyres in neighbouring Russia, turned from basking in record earnings to survival mode in February when Moscow launched what it calls a "special operation" in Ukraine. The company now expects 2022 net sales to decrease or to be at the previous year's level, compared to previous guidance of sales to decrease significantly from 2021.

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