Nokian Tyres plc operates in the Tires and inner tubes sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Nokian Tyres plc with three other
tire manufacturers in Europe:
Firma Oponiarska Debica Sa
sales of 1.93 billion Polish New Zlotys [US$499.68 million]
of which 89%
was Rubber products),
Kordsa Teknik Tekstil AS
(3.95 billion Turkish Liras [US$687.20 million]
of which 100%
was Operating Segment), and
Brisa Bridgestone Sabanci Lastik Sanayi ve Ticaret AS
based in Turkey
(3.00 billion Turkish Liras [US$522.15 million]
of which 100%
was Tire & Inner Tube).
Nokian Tyres plc reported sales of 1.60 billion Euro (US$1.77 billion)
December of 2018.
a very small
increase of 1.5%
versus 2017, when the company's sales were 1.57 billion Euro.
This was the third consecutive year of growth at Nokian Tyres plc.
The sales level in 2018 was fairly close to the level five years ago: in 2013, Nokian Tyres plc had sales
of 1.52 billion Euro.
Sales of Heavy Tires saw an increase
that was more than double the company's growth rate: sales were up
8.5% in 2018, from
146.60 million Euro to 159.10 million Euro.
Not all segments of Nokian Tyres plc experienced an increase in sales in 2018:
sales of Other Operations fell 6.6% to 9.90 million Euro.
(However, this segment's sales were only a very small portion of the company's overall sales).
Nokian Tyres plc also experienced decreases in sales in
Vianor (down 0.6% to 336.50 million Euro)