Nokian Tyres’ Q3 net profit declines 21.6% y/y to USD55.8 million

Financial results

Company expects 2019 net sales with comparable currencies to be approximately at the level of 2018

Finnish tire-maker Nokian Tyres has reported a 21.6% year on year (y/y) decline in net income to EUR51.1 million (USD55.8 million) for the third quarter ended 30 September 2019, according to a company press release on 30 October

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