Mon January 17 12:56 pm 2011 in category Stock exchange releases

Nokian Tyres' year 2010 net sales and operating profit exceed expectations

Nokian Tyres’ sales and operating profit increased more than expected in the last quarter of 2010. For the whole year 2010, the Net sales is estimated to be approximately EUR 1,055.0 million (2009: EUR 798.5 million) and Operating profit EUR 215-220 million (2009: EUR 102.0 million).

Sales and operating profit grew clearly in all business units.

The company has previously stated that in 2010 the company is positioned to clearly improve net sales and operating result compared to 2009.

Estimated figures are unaudited. Nokian Tyres will publish its Financial Statement Bulletin on 9 February 2011, at 8.00 a.m.

Nokian Tyres plc

Antti-Jussi Tähtinen
Vice President, Marketing and Communications

Further information: Mr. Kim Gran, President and CEO,
Tel: +358 10 401 7336

Distribution: NASDAQ OMX, media,