Nokian Posts Quarterly Core Profit Above Expectations
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11:10:46 AM UTC
SquawkNews
Finnish tyre maker Nokian OMXHEX:TYRES reported a slightly higher-than-expected third-quarter core profit on Tuesday, citing lower costs of production, and raised its full-year guidance.
11:20:46 AM UTC
SquawkNews
Finnish tyre maker Nokian OMXHEX:TYRES reported slightly higher-than-expected quarterly core earnings and raised the bottom end of its profitability forecast on Tuesday, aided by lower costs of production.It now expects a core operating profit margin of 9% to 10% in 2026, having previously guided f…