1. Nokian Tyres posts lower sales and earnings

    Nokian Tyres posts lower sales and earnings

    Nokia, Finland – Nokian Tyres plc has reported a 0.7-percent fall in operating profit to €128.0 million, on first-half net sales of €613.3 million – 2.2-percent lower than a year ago.

    Its quarterly profit dropped in line with expectations as the company faces slow demand and problems with debt collection in Russia, its key market.

     

     

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