Nokian drives up HI sales and earnings

Nokia, Finland – Nokian Tyres plc has posted another strong quarter, with net sales for the three months to 30 June up 16.5% to €393.0 million and operating profit 21.5% higher at €94.1 million.

The second-quarter gains contributed to a 17.2% rise in net sales to €718.9 million and 19.6% increase in operating profit to €153.0 million over the first six months of 2017.

Over the first half, Nokian Tyres delivered a “strong performance” in all of its main markets, stated Nokian’s new president and CEO Hille Korhonen, in…

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