Nokian Tyres Targets Mid-Term Sales of EUR 2 Billion

Mittwoch, 08.09.2021 11:10 von PLX

• (PLX AI) – Nokian Tyres announces its mid-term growth strategy to reach EUR 2 billion in net sales.
• • Nokian Tyres mid-term targets Segments operating profit and segments ROCE at the level of 20%
• • Nokian Tyres mid-term targets Dividend above 50% of net earnings
• • Our large investment phase is completed, and we are well positioned for organic growth and strong performance, CEO says
• • The global tire market is expected to grow by approximately 5% annually by 2024
• • Nokian Tyres’ mid-term target is to exceed the market growth