Q3 2024 Nokian Tyres plc Earnings Call Transcript

Author's Avatar
Oct 29, 2024

Oct 29, 2024 / 12:00PM GMT
¤ivi Antola - Nokian Tyres plc - SVP, Communications, Investor Relations

Good afternoon from [Helsinki] and welcome to Nokia & Tyres third quarter results conference call. My name is Paivi Antola. And together with me, I have in the call, the President and CEO, Jukka Moisio and Niko Haavisto, the CFO. And as usual, we have some prepared notes and then after that, we'll have a Q&A. So Jukka, please go ahead.

Jukka Moisio - Nokian Tyres plc - President, Chief Executive Officer, Member of the Management Board

Thank you, Paivi. And welcome on my behalf and indeed, we have some prepared notes, and we have a presentation at the Page 1 heading, this mortgage against driving sales growth in a weak market and Romanian factory progressing on schedule and I move to Page 2.

You just then Q3 net sales and segment operating profit increased. That's the heading. So our net sales were EUR314 million which is about 14% higher in comparable currencies. We had market share gains which were driven by the improved passenger car tire availability.

Already have an account? Log in
Get the full story
Access to All Earning Calls and Stock Analysis
30-Year Financial on one screen
All-in-one Stock Screener with unlimited filters
Customizable Stock Dashboard
Real Time Insider Trading Transactions
8,000+ Institutional investors’ 13F holdings
Powerful Excel Add-in and Google sheets Add-on
All data downloadable
Quick customer support
And much more...
30-Day 100% money back guarantee
You are not charged until the trial ends. Subscription fee may be tax deductible.
Excellent
4.6 out of 5 Trustpilot