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Nokian Tyres’ FY2020 net income grows 35.5% y/y to USD447.8 million

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Financial results

Sales remain flat y/y

Finnish tire-maker Nokian Tires has reported a 35.5% year-on-year (y/y) growth in net income to EUR399.9 million (USD447.8 million) for the fiscal year quarter ended 31 December 2019, according to a company press release on 4 February.

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