financial review 2021
Nokian Tyres published its Financial Review 2021 on March 2, 2022.
War in Ukraine overshadowed Q1, operating environment highly uncertain, tire demand good
"For the past two months, we have witnessed shocking events in Ukraine. We have followed the situation with great sadness and we, along with the whole international community, unequivocally condemn the war, which has caused unspeakable suffering to so many.
The war in Ukraine started to impact our operating environment in late February. However, the year began with good tire demand and in January−March, our net sales with comparable currencies increased by 21.9% and segments operating profit improved."
Our ability to generate value for shareholders is based on profitable growth and a strong position in selected segments.
Segments operating profit, MEUR
Share of winter tires of total sales
Upcoming IR events
Silent period July 1–August 2, 2022
Silent period October 1–November 1, 2022
Nokian Tyres plc
P.O. Box 20
(Visiting address: Pirkkalaistie 7)
Päivi Antola, SVP, Investor Relations & Corporate Communications
Tel. +358 10 401 7327
Annukka Angeria, Manager, Investor Relations
Tel. +358 10 401 7581