Report
Anthony Dick ...
  • Michael Foundoukidis

Nokian Renkaat Oyj : Un momentum meilleur qu’attendu grâce aux volumes et aux matières

>Un T3 2020 bien meilleur que prévu mais toujours pas de guidance - Nokian Tyres a publié, hier, des résultats T3 2020 bien meilleurs qu’attendu (EBIT >30% vs consensus), confirmant à nouveau la bonne dynamique sur les pneus lors de ce trimestre, déjà observée chez Continental et chez Michelin la semaine dernière. Le pneumaticien a surtout bénéficié de volumes plus solides, conjugués à des coûts matières en net recul, malgré un contexte devises très négatif. Malg...
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
Anthony Dick

Michael Foundoukidis

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