Nokian posts improves results estimates
ERJ staff report (DS)
Helsinki, Finland -- Nokian Tyres' unaudited sales and operating profit increased more than expected in the last quarter of 2010. For the whole year 2010, the Net sales is estimated to be approximately EUR 1,055.0 million (2009: EUR 798.5 million) and Operating profit EUR 215-220 million (2009: EUR 102.0 million).
The company has previously stated that in 2010 the company is positioned to clearly improve net sales and operating result compared to 2009.
Estimated figures are unaudited. Nokian Tyres will publish its Financial Statement Bulletin on 9 February 2011, at 8.00 a.m.
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Press release from Nokian Tyres
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