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Nokian Tyres plc financial statements bulletin 2007

Wed February 13 12:00 am 2008 in category Stock exchange releases
Nokian Tyres plc Stock Exchange Release 13 February 2008 at 8:00 a.m.

NOKIAN TYRES PLC FINANCIAL STATEMENTS BULLETIN 2007

Net sales of Nokian Tyres Group increased by 22.6% in 2007 and were 1,025.0 million (2006:EUR 835.9 million). Operating profit was EUR 234.0 million (EUR 153.1 million). EPS rose to EUR 1.37 (EUR 0.88). Profit for the period was EUR 168.9 million (EUR 107.3 million). The Board of Directors proposes that a dividend of EUR 0.50 per share (EUR 0.31) be distributed. In 2008, the company is positioned to achieve strong growth in sales with improved profits in line with previous years.