Nokian saw sales increase in Q3

ERJ staff report (DS)

Nokia, Finland — Nokian Tyres group’s net sales increased by 19.7 percent to EUR 1,166.0 million (EUR 974.3 million in 1-9/2011). Operating profit grew to EUR 303.3 million (EUR 261.0 million). Earnings per share increased to EUR 1.85 (EUR 1.66).

The company said, “Nokian Tyres has during 2012 further improved its position by winning market shares in all markets in winter tyres, especially in Russia and Central Europe. The company’s full year sales in the Nordic countries are expected to be on previous…

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