Thu May 8 02:03 pm 2008 in category Stock exchange releases
Nokian Tyres plc Stock Exchange Release 7.5.2008 8.00 a.m.
Strong sales growth and improved operating profit.
The Group's net sales were up by 23.2% to EUR 246.3 million (EUR 199.9 million in Jan-March 2007). Operating profit rose to EUR 54.4 million (EUR 39.0 million), while earnings per share increased to EUR 0.36 (EUR 0.23). In 2008, the company is positioned to achieve strong growth in sales and to outperform the previous year's results. All profit centres are expected to grow and improve results.
INTERIM REPORT FOR NOKIAN TYRES PLC JANUARY-MARCH 2008
Strong sales growth and improved operating profit.
The Group's net sales were up by 23.2% to EUR 246.3 million (EUR 199.9 million in Jan-March 2007). Operating profit rose to EUR 54.4 million (EUR 39.0 million), while earnings per share increased to EUR 0.36 (EUR 0.23). In 2008, the company is positioned to achieve strong growth in sales and to outperform the previous year's results. All profit centres are expected to grow and improve results.