Nokian Renkaat Oyj (HEL: TYRES)

Finland flag Finland · Delayed Price · Currency is EUR
7.23
+0.04 (0.58%)
Dec 20, 2024, 6:29 PM EET
-8.92%
Market Cap 997.07M
Revenue (ttm) 1.24B
Net Income (ttm) -2.70M
Shares Out 137.87M
EPS (ttm) -0.02
PE Ratio n/a
Forward PE 13.45
Dividend 0.55 (7.61%)
Ex-Dividend Date Oct 30, 2024
Volume 890,787
Open 7.17
Previous Close 7.19
Day's Range 7.11 - 7.26
52-Week Range 7.07 - 9.63
Beta 0.86
Analysts n/a
Price Target n/a
Earnings Date Feb 4, 2025

About Nokian Renkaat Oyj

Nokian Renkaat Oyj develops and manufactures tires in Finland, Nordics, the rest of Europe, the Americas, and internationally. It operates through Passenger Car Tyres, Heavy Tyres, and Vianor segments. The Passenger Car Tyres segment develops and produces summer, winter, and all-season tires for cars and vans. The Heavy Tyres segment offers tires for forestry machinery; special tires for agricultural machinery, tractors, and industrial machinery; and retreading materials and truck tires. The Vianor segment sells car and van tires, as well as tr... [Read more]

Industry Auto Parts
Founded 1898
Employees 3,433
Stock Exchange Nasdaq Helsinki
Ticker Symbol TYRES
Full Company Profile

Financial Performance

In 2023, Nokian Renkaat Oyj's revenue was 1.17 billion, a decrease of -13.10% compared to the previous year's 1.35 billion. Losses were -325.50 million, 85.5% more than in 2022.

Financial Statements

News

Nokian Renkaat Oyj goes ex dividend tomorrow

Nokian Renkaat Oyj (NKRKY) declares $0.1084/share semi-annual dividend payable Nov. 22 for shareholders of record on Oct. 31.

7 weeks ago - Seeking Alpha

Nokian Renkaat Oyj (NKRKF) Q3 2024 Earnings Call Transcript

Nokian Renkaat Oyj (OTCPK:NKRKF) Q3 2024 Earnings Conference Call October 29, 2024 8:00 AM ET Company Participants Paivi Antola - Investor Relations Jukka Moisio - President & Chief Executive Officer ...

7 weeks ago - Seeking Alpha

Nokian: A Speculative Play, But A Highly Attractive One That I'm Buying

Nokian Tyres, a Finnish company, faced severe challenges due to its heavy reliance on Russian production, significantly impacting its performance post-Ukraine invasion. The company is recovering by es...

2 months ago - Seeking Alpha

Nokia Bell Labs and Vale are joining efforts to create a network and mine operation cognitive monitoring service

Press ReleaseNokia Bell Labs and Vale are joining efforts to create a network and mine operation cognitive monitoring service The connectivity mining program looks to boost productivity and worker saf...

2 months ago - GlobeNewsWire

Nokian Tyres Offers 90th Anniversary Consumer Rebate in October

DAYTON, Tenn.--(BUSINESS WIRE)--Nokian Tyres is celebrating the 90th anniversary of the winter tire with a consumer rebate October 1-31 on winter, all-weather and all-season tires.

2 months ago - Business Wire

Wall Street's Most Accurate Analysts Give Their Take On 3 Industrials Stocks With Over 3% Dividend Yields

During times of turbulence and uncertainty in the markets, many investors turn to dividend-yielding stocks. These are often companies that have high free cash flows and reward shareholders with a high...

5 months ago - Benzinga

Nokian Renkaat Oyj (NKRKF) Q2 2024 Earnings Call Transcript

Nokian Renkaat Oyj (OTCPK:NKRKF) Q2 2024 Earnings Conference Call July 19, 2024 7:00 AM ET Company Participants Paivi Antola - Investor Relations Jukka Moisio - President and Chief Executive Officer N...

5 months ago - Seeking Alpha

Nokian Renkaat: Still A Speculative 'Buy', But With Some Potential

Nokian Renkaat faced significant challenges after losing access to Russian inputs, leading to a need to rebuild manufacturing capacity. Despite challenges, Nokian Renkaat has shown potential for impro...

6 months ago - Seeking Alpha

Nokian Renkaat Oyj (NKRKF) Q1 2024 Earnings Call Transcript

Nokian Renkaat Oyj (OTCPK:NKRKF) Q1 2024 Earnings Conference Call April 29, 2024 7:00 AM ET Company Participants Paivi Antola - Investor Relations Jukka Moisio - President & Chief Executive Officer Ni...

8 months ago - Seeking Alpha

Red Sea crisis, labour strikes deepen Finnish Nokian Tyres' losses

Finland's Nokian Tyres on Monday posted a bigger operating loss for the first quarter than analysts had expected following its exit from Russia, citing negative impact from the Red Sea crisis and poli...

8 months ago - Reuters

Nokian Tyres temporarily lays off 350 employees due to strike in Finland

Finnish tire maker Nokian Tyres said on Friday it would temporarily lay off 350 employees at its car tire factory in Nokia for 90 days due to political strikes in the Nordic country.

9 months ago - Reuters

Nokian Renkaat: Upside Left With Gradual Earnings Recovery

Nokian Renkaat has faced significant challenges after exiting its manufacturing operations in Russia. To recover the company's manufacturing capacity, Nokian Renkaat is building a new factory in Roman...

11 months ago - Seeking Alpha

Nokian Renkaat Oyj (NKRKF) Q4 2023 Earnings Call Transcript

Nokian Renkaat Oyj (NKRKF) Q4 2023 Earnings Call Transcript

11 months ago - Seeking Alpha

Nokian Renkaat: We Need Time To See An Upside, Even With A Spec 'Buy'

Nokian Renkaat, a tire company, has faced significant challenges after the Ukraine/Russia conflict due to its heavy reliance on sourcing from Russia. The company is slowly improving its fortunes and h...

1 year ago - Seeking Alpha

Nokian Renkaat Oyj (NKRKF) Q3 2023 Earnings Call Transcript

Nokian Renkaat Oyj (OTCPK:NKRKF) Q3 2023 Results Conference Call October 31, 2023 9:00 AM ET Company Participants Paivi Antola - Investor Relations Jukka Moisio - President and CEO Niko Haavisto - CFO...

1 year ago - Seeking Alpha

Nokian Renkaat Oyj (NKRKF) Q2 2023 Earnings Call Transcript

Nokian Renkaat Oyj (OTCPK:NKRKF) Q2 2023 Earnings Conference Call July 21, 2023 8:00 AM ET Company Participants Paivi Antola - Head, IR Jukka Moisio - President and CEO Teemu Kangas-Karki - CFO Confer...

1 year ago - Seeking Alpha

Nokian Renkaat: Problems, With A Potential Solution Far Off

Nokian Renkaat Oyj is a small position that, yes, I still own. The company has absolutely fallen apart (in some ways) after the Ukraine/Russia conflict. The reason is simple - the company's sourcing w...

1 year ago - Seeking Alpha

Nokian Renkaat Oyj (NKRKF) Q4 2022 Earnings Call Transcript

Nokian Renkaat Oyj (OTCPK:NKRKF) Q4 2022 Earnings Conference Call February 7, 2023 8:00 PM ET Company Participants Paivi Antola - Head, Investor Relations Jukka Moisio - President and Chief Executive ...

2 years ago - Seeking Alpha

Long-lasting front tire for reach stackers - the smooth, extra-deep tread of the new Nokian Tyres HTS G2 L-5S harbor tire offers hard-wearing safety

NOKIA, Finland , Jan. 17, 2023 /PRNewswire/ -- In a busy terminal, tire stability and long service life are key factors in making the work safe and efficient for reach stackers, forklifts and log stac...

2 years ago - PRNewsWire

Nokian Renkaat Oyj (NKRKF) Q3 2022 Earnings Call Transcript

Nokian Renkaat Oyj (OTCPK:NKRKF) Q3 2022 Earnings Conference Call November 1, 2022 9:00 AM ET Company Participants Paivi Antola - Head, Investor Relations Jukka Moisio - President and Chief Executive ...

2 years ago - Seeking Alpha

Nokian Tyres to build 650 mln euro plant in Romania, replacing Russian output

Finland's Nokian Tyres on Tuesday said it will invest 650 million euros ($645.19 million) to build a new passenger car tyre factory in Romania.

2 years ago - Reuters

Nokian Renkaat Oyj's (NKRKF) CEO Jukka Moisio on Q2 2022 Results - Earnings Call Transcript

Nokian Renkaat Oyj (OTCPK:NKRKF) Q2 2022 Earnings Conference Call August 2, 2022 8:00 AM ET Company Participants Päivi Antola - Head, IR Jukka Moisio - President & CEO Teemu Kangas-Kärki - CFO Confere...

2 years ago - Seeking Alpha

Russian subsidiary of Nokian Tyres submits proposal to continue operating

Nokian Tyres' Russian subsidiary on Wednesday said its plant in Vsevolozhsk in the Leningrad region may continue operating, one day after its Finnish parent company had said it would initiate a "contr...

2 years ago - Reuters

Finland's Nokian Tyres starts 'controlled exit' from Russia

Finland's Nokian Tyres said on Tuesday it would initiate a "controlled exit" from the Russian market, having already scaled down the production of its Russian tyre plant after Moscow's invasion of Ukr...

2 years ago - Reuters

Finland's Nokian Tyres lifts sales outlook despite Russia uncertainty

Finland's Nokian Tyres on Friday nudged up its sales guidance despite an uncertain operating environment related to Russia, home to its largest production plant.

2 years ago - Reuters