Nokian Renkaat Oyj

TYRES

FI0009005318

Tires & Rubber Products

Market Closed - Nasdaq Helsinki Other stock markets 11:29:33 2024-04-26 am EDT			5-day change	1st Jan Change
9.08 ^EUR	+1.73%		+0.02%	+9.95%

Apr. 05	Veronica Lindholm and George Rietbergen Not to Stand for Re-Election as Board of Directors of Nokian Tyres plc	CI
Apr. 04	Finnish unions to suspend strike, ask government to act	RE

Nokian Tyres plc Announces the Retirement of Jukka Moisio as President During 2024

March 27, 2024 at 03:00 am EDT

Nokian Tyres' President Jukka Moisio has informed Nokian Tyres' Board of Directors his intention to retire from his position during 2024. The Board of Directors has initiated the process of finding a successor for Moisio. Moisio has acted as the President & CEO of Nokian Tyres since 2020.

Latest news about Nokian Renkaat Oyj

Veronica Lindholm and George Rietbergen Not to Stand for Re-Election as Board of Directors of Nokian Tyres plc	Apr. 05	CI
Finnish unions to suspend strike, ask government to act	Apr. 04	RE
Nokian Tyres CEO, President to Retire; Search for Successor Starts	Mar. 27	MT
Nokian Tyres CEO to retire, company says	Mar. 27	RE
Jukka Moisio to Retire as CEO of Nokian Tyres plc	Mar. 27	CI
Nokian Tyres plc Announces the Retirement of Jukka Moisio as President During 2024	Mar. 27	CI
Factbox-How Finnish strikes over labour reforms are affecting companies	Mar. 25	RE
Nokian Tyres temporarily lays off 350 employees due to strike in Finland	Mar. 22	RE
Nokian Tyres Secures Deal to Purchase Carbon Black Material	Feb. 08	MT
NOKIAN RENKAAT : Nokian Renkaat on a slow path to recovery amid weak Q4 results	Feb. 07
Transcript : Nokian Renkaat Oyj, Q4 2023 Earnings Call, Feb 06, 2024	Feb. 06
Nokian Tyres quarterly earnings miss estimates	Feb. 06	RE
Nokian Renkaat Oyj Reports Earnings Results for the Full Year Ended December 31, 2023	Feb. 06	CI
Nokian Renkaat Oyj Provides Earnings Guidance for the Full Year 2024	Feb. 06	CI
Nokian Tyres plc Proposes Dividend for Financial Year 2023, Payable on May 15, 2024 and Payable in December 2024	Feb. 06	CI
European Commission Raids Tire Companies Over Possible Cartel	Jan. 31	MT
European Commission Raids Tire Companies Over Possible Cartel	Jan. 30	MT
European Commission Raids Tire Companies Over Possible Cartel	Jan. 30	MT
EU Conducts Surprise Inspections in Tire Cartel Probe; Nokian Tyres Confirms Raid	Jan. 30	MT
Nokian Tyres Secures Sustainability-linked Revolver Worth EUR200 Million	Dec. 08	MT
Nokian Tyres Signs A EUR 200 Million Sustainability-Linked Revolving Credit Facility	Dec. 08	CI
Nokian Renkaat Oyj Announces Board Resignations	Nov. 30	CI
Automotive sector strong - JPMorgan study moves	Nov. 29	DP
Nokian Tyres to Develop Tires for Polestar's Climate-neutral Car Project	Nov. 15	MT
Nokian Tyres Opens the World?s First Zero Co2 Emission Tire Factory in 2024	Nov. 15	CI

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Company Profile

Nokian Renkaat Oyj is the leading Scandinavian tire manufacturer. Net sales (including intragroup) break down by activity as follows: - manufacture and sales of tires (70.4%): for passenger cars (73% of net sales) and for heavy-duty vehicles (27%); - distribution of tires (29,2%; Vianor): operating, at the end of 2023, through a network of 174 own service centers in Finland, Sweden and Norway; - other (0.4%). At the end of 2023, the group had 2 manufacturing sites located in Finland and the United States. Net sales are distributed geographically as follows: Nordic countries (57.2%), Europe (19.3%), Americas (22.9%) and other (0.6%).

Sector

Tires & Rubber Products

Calendar

2024-04-29 - Q1 2024 Earnings Release

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Analysis / Opinion

NOKIAN RENKAAT : Nokian Renkaat on a slow path to recovery amid weak Q4 results

February 07, 2024 at 09:08 am EST

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Ratings for Nokian Renkaat Oyj

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Investor Rating

ESG Refinitiv

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Analysts' Consensus

Sell

Buy

Mean consensus

HOLD

Number of Analysts

Last Close Price

9.08 EUR

Average target price

8.291 EUR

Spread / Average Target

-8.69%

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Sector Other Tires & Rubber Products

	1st Jan change	Capi.
NOKIAN RENKAAT OYJ	+9.95%	1.34B
BRIDGESTONE CORPORATION	+15.15%	29.25B
SAILUN GROUP CO., LTD.	+40.43%	7.18B
THE YOKOHAMA RUBBER CO., LTD.	+22.39%	4.04B
THE GOODYEAR TIRE & RUBBER COMPANY	-17.32%	3.36B
DÄTWYLER HOLDING AG	-9.22%	3.29B
VIETNAM RUBBER INDUSTRY GROUP -	+41.51%	3.29B
SUMITOMO RUBBER INDUSTRIES, LTD.	+20.79%	3.09B
TOYO TIRE CORPORATION	+21.78%	2.81B
KUMHO PETRO CHEMICAL CO.,LTD	-3.24%	2.24B

Other Tires & Rubber Products

Nokian Renkaat Oyj

Equities

TYRES

FI0009005318

Tires & Rubber Products

Nokian Tyres plc Announces the Retirement of Jukka Moisio as President During 2024

EPS Revisions