ERJ staff report (DS)
Nokia, Finland — Nokian Tyres’ sales and operating profit increased clearly in the first quarter. Net sales in the three months to March 2011 is estimated to be approximately EUR 278 million (Q1/2010: EUR 183.8 million) and Operating profit EUR 65-70 million (Q1/2010: EUR 21.1 million).
Estimated figures are unaudited. Nokian Tyres will publish its 2011 first quarter result on 6 May 2011, at 8.00 a.m.
In a brief statement to investors, the company’s outlook was unchanged from its previous guidance on 9…