FINANCIAL TARGETS

In April 2023, Nokian Tyres published updated long-term financial targets for the next five years:

GROWTH: Net sales EUR 2 billion 

PROFITABILITY: Segments operating profit* at the level of 15%

CAPITAL STRUCTURE: Net debt/Segments EBITDA* 1–2

Nokian Tyres’ dividend policy is unchanged. Nokian Tyres’ target is to pay a dividend of at least 50% of its net earnings.

*As of January 1, 2023, Nokian Tyres reports alternative non-IFRS Segments figures, which exclude Russia and other items that are not indicative of Nokian Tyres’ underlying business performance.