Report
Michael Foundoukidis

Nokian Renkaat Oyj : Nouvel avertissement sur les résultats 2019

>Un nouvel avertissement comme nous le craignions - Comme nous le craignions hier matin dans notre preview sectoriel, Nokian Tyres a donc lancé, hier soir, un second avertissement sur ses résultats 2019 en quelques mois (le premier était en juin). Le manufacturier le justifie avant tout, comme il l’avait déjà fait par le passé, par la faiblesse des volumes. Cet avertissement devrait entraîner une révision des attentes 2019 du consensus de l’ordre de 5%. Le read a...
Underlying
Nokian Renkaat Oyj

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.

Provider
Oddo BHF
Oddo BHF

​Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.

Analysts
Michael Foundoukidis

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