Nokian Tyres

Nokian Tyres is a tyre manufacturer. Co. mainly sells its products in the aftermarket. Co. and its subsidiaries include the Vianor tyre retail chain, which provides wholesale and retail services in Co.'s primary markets. The core business units in Co. and its subsidiaries are Passenger Car Tyres, which develops, manufactures, and markets summer and winter tyres for passenger cars and delivery trucks as well as SUVs; Heavy Tyres, which focuses on special tyres; as well as Vianor, which provides tyres for all vehicles: passenger cars, vans, trucks, and heavy machinery. In addition to Nokian-branded tyres, the Vianor tyre retail chain sells other tyre brands and a variety of motoring products.
  • TickerTYRES
  • ISINFI0009005318
  • ExchangeNasdaq Nordic Helsinki
  • SectorAutomobiles & Parts
  • CountryFinland
Anders Idborg ...
  • Karl Bokvist
  • Olof Cederholm

Sector Report - Tough Q2, but June the start of the recovery

Q2 results on 22 July at 7:00 CET Expect orders -14%, margin 7.9% (11.5%) Ambitious targets, high all-in valuation

Anders Idborg ...
  • Olof Cederholm

Nokian Tyres - New CEO to offer first thoughts on strategy?

Q2’20 report due on 4 August Limited earnings revisions, improvement expected in H2 Reiterate BUY with EUR 22 target price

Anthony Dick ...
  • Christophe-Raphaël Ganet
  • Emmanuel Matot
  • Fehmi Ben Naamane
  • Geoffroy Michalet
  • Johanna Jourdain
  • Michael Foundoukidis

ODDO BHF Small & MIDCAP MORNING NEWS - 06/19/2020

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Alfred Glaser ...
  • Anthony Dick
  • Antoine Boivin-Champeaux
  • Delphine Brault
  • Emmanuel Matot
  • Fehmi Ben Naamane
  • Jerôme Bodin
  • Johanna Jourdain
  • Matthias Desmarais
  • Michael Foundoukidis
  • Olfa Taamallah
  • Stephane Houri

ODDO BHF SECURITIES MORNING NEWS – DETAILED COMMENTS 06/19/2020

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Anthony Dick ...
  • Michael Foundoukidis

ODDO : Q2/H1 not that easy to reconcile with auto stocks rally

>A new cut to our LVP scenario and earnings estimates - Going into the Q2/H1 2020 earnings season, we have updated our 2020 LVP scenario (-22% vs -19%) given a tougher than expected Q2-20 (-48%e) and the fact that H2 is now expected to show a decline (-8%e) despite the encouraging improvement seen in China in Q2. Within the segment, our revisions clearly relate mainly to auto suppliers rather than tyre makers although the latter have also been affected by the lockdown...

1 director bought

A director at Nokian Renkaat Oyj bought 6,000 shares at 31.908EUR and the significance rating of the trade was 69/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretionary trades by all the company's directors over the last two years clearly showing Close periods where trading activity is restricted under listing rules. The names of ...

Anders Idborg ...
  • Karl Bokvist
  • Olof Cederholm

Sector Report - Tough Q2, but June the start of the recovery

Q2 results on 22 July at 7:00 CET Expect orders -14%, margin 7.9% (11.5%) Ambitious targets, high all-in valuation

Anders Idborg ...
  • Olof Cederholm

Nokian Tyres - New CEO to offer first thoughts on strategy?

Q2’20 report due on 4 August Limited earnings revisions, improvement expected in H2 Reiterate BUY with EUR 22 target price

Anthony Dick ...
  • Christophe-Raphaël Ganet
  • Emmanuel Matot
  • Fehmi Ben Naamane
  • Geoffroy Michalet
  • Johanna Jourdain
  • Michael Foundoukidis

ODDO BHF Small & MIDCAP MORNING NEWS - 06/19/2020

...

Alfred Glaser ...
  • Anthony Dick
  • Antoine Boivin-Champeaux
  • Delphine Brault
  • Emmanuel Matot
  • Fehmi Ben Naamane
  • Jerôme Bodin
  • Johanna Jourdain
  • Matthias Desmarais
  • Michael Foundoukidis
  • Olfa Taamallah
  • Stephane Houri

ODDO BHF SECURITIES MORNING NEWS – DETAILED COMMENTS 06/19/2020

...

Anthony Dick ...
  • Michael Foundoukidis

ODDO : Q2/H1 not that easy to reconcile with auto stocks rally

>A new cut to our LVP scenario and earnings estimates - Going into the Q2/H1 2020 earnings season, we have updated our 2020 LVP scenario (-22% vs -19%) given a tougher than expected Q2-20 (-48%e) and the fact that H2 is now expected to show a decline (-8%e) despite the encouraging improvement seen in China in Q2. Within the segment, our revisions clearly relate mainly to auto suppliers rather than tyre makers although the latter have also been affected by the lockdown...

Anthony Dick ...
  • Aurelien Sivignon
  • Emmanuel Matot
  • Fatma Ayachi
  • Jean-François Granjon
  • Johanna Jourdain
  • Matthias Desmarais
  • Michael Foundoukidis
  • Yan Derocles

ODDO BHF Small & MIDCAP MORNING NEWS - 05/27/2020

...

Anthony Dick ...
  • Emmanuel Matot
  • Jerôme Bodin
  • Michael Foundoukidis
  • Stephane Houri
  • Sven Edelfelt
  • Virginie Rousseau

ODDO BHF SECURITIES MORNING NEWS – DETAILED COMMENTS 05/27/2020

...

Anthony Dick ...
  • Aurelien Sivignon
  • Emmanuel Matot
  • Fatma Ayachi
  • Jean-François Granjon
  • Johanna Jourdain
  • Matthias Desmarais
  • Michael Foundoukidis
  • Yan Derocles

ODDO BHF Small & MIDCAP MORNING NEWS - 27/05/2020

...

Anthony Dick ...
  • Emmanuel Matot
  • Jerôme Bodin
  • Michael Foundoukidis
  • Stephane Houri
  • Sven Edelfelt
  • Virginie Rousseau

ODDO BHF SECURITIES MORNING NEWS – COMMENTAIRES DETAILLES 27/05/2020

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Anthony Dick ...
  • Bruno Cavalier
  • Emmanuel Matot
  • Michael Foundoukidis
  • Stephane Houri

ODDO BHF SECURITIES MORNING NEWS – DETAILED COMMENTS 05/25/2020

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Increased risk weighs on NOKIAN RENKAAT OYJ, penalising its rating down to Slightly Negative

The independent financial analyst theScreener just lowered the general evaluation of NOKIAN RENKAAT OYJ (FI), active in the Tires industry. As regards its fundamental valuation, the title still shows 1 out of 4 possible stars. Its market behaviour, however, has slightly deteriorated and will be qualified as risky moving forward. theScreener considers that these new qualifications justify an overall rating downgrade to Slightly Negative. As of the analysis date April 17, 2020, the closing price was EUR 19.07 and its target price was estimated at EUR 15.50.

Ford Equity International Rating and Forecast Report

Ford Equity International Research Reports cover 60 countries with over 30,000 stocks traded on international exchanges. A proprietary quantitative system compares each company to its peers on proven measures of business value, growth characteristics, and investor behavior. Ford's three recommendation ratings buy, hold and sell, represent each stock’s return potential relative to its own country market.. The rating reports which are generated each week, include the fundamental details behind each recommendation and reflect the fundamental and price data as of the last trading day of the week...

Expert Corporate Governance Service (ECGS)

Nokian Tyres – AGM 02 April 2020

In general, Nokian Tyres is in compliance with the Finnish regulations relating to the organization and procedures of the Annual General Meeting.   Under ITEM 10, the board seeks shareholder approval of the remuneration policy. In general, ECGS deems that the overall level of transparency of the Company's remuneration policy is below Finnish standards. Furthermore, the maximum variable remuneration exceeds ECGS' guidelines of maximum 300%. Accordingly, we recommend to vote OPPOSE.   Under ITEM 13, the (re-)election of the board of directors is proposed. Although there is sufficient indepen...

Expert Corporate Governance Service (ECGS)

Nokian Tyres April 09th, 2019

In general, Nokian Tyres is in compliance with the Finnish regulations relating to the organisation and procedures of the Annual General Meeting. Under ITEM 12, the (re-)election of the board of directors is proposed. Although there is sufficient independent representation on the board, ECGS has concerns over the level of female representation on the board (25%) and the aggregate time commitments of no less than 3 directors: Messrs. Kari Jordan, Pekka Vauramo and Petteri Walldén. Based on the above concerns, ECGS recommends to vote OPPOSE. Under ITEM 13, the audit committee of the board of d...

Nokian Tyres – Proxinvest Corporate Governance Rating ® : C

Proxinvest Corporate Governance Rating ® helps investors integrate governance into their investment decision and identify governance risks and opportunities within their portfolio. Proxinvest Corporate Governance Rating ® Service rates European issuers through the analysis of four main themes : Ownership & Shareholder rights, Board & Committees, Audit & Process, Remuneration. Each theme is rated taking into account several comprehensive sub-categories. Our unique two-step process to achieve each rating includes a first step quantitative valuation and a second step qualitative filter...

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