Nokian Tyres PLC (OTCPK:NKRKY)
$ 3.98 -0.11 (-2.69%) Market Cap: 1.10 Bil Enterprise Value: 1.96 Bil PE Ratio: 0 PB Ratio: 0.83 GF Score: 82/100

Q2 2019 Nokian Tyres plc Earnings Call Transcript

Aug 06, 2019 / 12:00PM GMT
Release Date Price: $14.53 (+1.68%)
Operator

Welcome to the Nokian Renkaat Q2 Interim Report 2019. (Operator Instructions) And I hand to our first speaker, Päivi Antola. Please begin.

PÃ;ivi Antola
Nokian Renkaat Oyj - SVP of IR & Corporate Communications

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Good afternoon from Helsinki, and welcome to Nokian Tyres Q2 2019 Results Conference Call. My name is Päivi Antola, and I am the Head of Investor Relations in Nokian Tyres. And together with me in the call, I have Hille Korhonen, the President and CEO of Nokian Tyres; and Teemu Kangas-Kärki, the CFO. As usual, we will start the call with a brief presentation by Hille and Teemu and then continue with the Q&A. So Hille, please go ahead.

Hille Korhonen
Nokian Renkaat Oyj - President & CEO

Thank you, Päivi, and thank you all for joining us today. Let's start by summarizing the key takeaways from the first half of the year 2019. As we have stated, the challenges in European market continued also during the second quarter in 2019, impacting our passenger car sales. In total, we are

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