PR Newswire
Nokian Tyres plc Stock Exchange Release July 18, 2025, at 1:30 p.m. EEST
NOKIA, Finland, July 18, 2025 /PRNewswire/ -- To reflect our sharpened commercial focus and commitment to strategic growth we are announcing several key leadership changes. The changes are effective as of September 1, 2025.
Christopher Ostrander has been appointed SVP, Passenger Car Tyres, North America and a member of the Nokian Tyres Management Team.
Christopher has served on the Nokian Tyres Board of Directors since 2021 and as Chair of the Investment Committee since 2024. He will step down from both roles before assuming his new position.
Nokian Tyres plc Half Year Financial Report January–June 2025, July 18, 2025 at 1:00 p.m. EEST
NOKIA, Finland, July 18, 2025 /PRNewswire/ -- This release is a summary of Nokian Tyres' Half Year Financial Report January–June 2025. The complete report is attached to this release. It is also available on the company's website at company.nokiantyres.com/investors.
April–June 2025
Net sales were EUR 343.7 million (April–June 2024: 324.6). With comparable currencies, net sales increased by 6.9%. Sales growth outperformed the market in all regions.Segments operating profit was EUR 26.3 million (20.1), an improvement of 30.6%. The increase was driven by higher passenger car tire sales, price increases implemented in the first quarter, and lower manufacturing and supply chain costs. Operating profit was EUR 14.8 million (8.4). EUR -11.5 million (-11.7) was booked as non-IFRS exclusions.Earnings per share were EUR 0.00 (0.01).Cash flow from operating activities was EUR 16.5 million (-57.9).
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