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Thu December 21 12:00 am 2000 in category Stock exchange releases
Nokian Tyres plc Stock Exchange Bulletin, Dec. 21,2000 10.00 am.

NOKIAN TYRES' LAST QUARTER PROFITS LOWER THAN EXPECTED



Net sales of Nokian tyre chain in October-December, will be clearly lower than expected. Net sales and profits of the parent company developed as expected during the autumn. The mild winter in Nordic countries, especially in Sweden affected on Nokian tyre chain's net sales and decreased strongly the demand for winter tyres. Nokian Tyres' year 2000 profits will be clearly lower than estimated earlier.

Nokian Tyres plc

Raila Hietala-Hellman
Vice President, Public Information

Further information: Mr. Kim Gran, CEO and President of Nokian Tyres, tel. +358 3 340 7336.

Distribution: HEX and major media