Brief: Nokian Tyres Announces Updated Strategy, Financial Targets

Nokian Renkaat Oyj

10/02/2026 11:04

Feb 10 (Reuters) - Nokian Renkaat Oyj TYRES.HE:

NOKIAN TYRES ANNOUNCES UPDATED STRATEGY AND FINANCIAL TARGETS

FINANCIAL TARGETS EXTENDING UNTIL END OF 2029 ARE: * NET SALES: EUR 1.8-2.0 BILLION

FINANCIAL TARGETS EXTENDING UNTIL END OF 2029 ARE: PROFITABILITY: SEGMENTS EBITDA > 24% AND SEGMENTS OPERATING PROFIT >15%

FINANCIAL TARGETS EXTENDING UNTIL END OF 2029 ARE: CAPITAL STRUCTURE: NET DEBT/SEGMENTS EBITDA <2

DIVIDEND POLICY REMAINS UNCHANGED: TARGET IS TO DISTRIBUTE AT LEAST 50% OF NET EARNINGS

Source text: ID:nWkr4WhKw7

Further company coverage: TYRES.HE

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