Nokian continues growth with Russian pick-up

Nokia, Finland – Nokian Tyres plc has continued its strong performance in the third quarter of 2017, posting a yearn-on-year 21.3% rise in operating profit for the quarter at €89.8 million.

Net sales also rose 14.5% to €363.1 million, driven largely by significant increases in passenger car tire sales in Russia and other other regions.

Passenger car tire sales represented 70% of Nokian’s net sales during the first nine months of the year,…

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