Nokian Renkaat


Mixed Q3 results with passenger car strength dampened by heavy tire division

26/11/24 -"Nokian’s Q3 results were mixed, with revenue missing expectations but profitability beating forecasts. European sales rose due to improved tyre availability and volume, offsetting a negative ..."

Pages
55
Language
English
Published on
26/11/24
You may also be interested by these reports :
26/10/26
Volvo’s Q3 missed on sales and EPS, beat marginally on adjusted EBIT and delivered strong FCF, though FX and tariff refunds more than account for the ...

23/10/26
Valeo’s Q3 sales were modestly below company-collected consensus, driven by OEM sales, which underperformed production by a wider margin than in H1. ...

21/10/26
Michelin’s Q3 revenue fell short of consensus expectations, despite strong performance in the Polymer division. Underperformance was due to ...

19/10/26
Ahead of Volvo’s Q3 results, we have adjusted our estimates to reflect our revised view on the timing of the truck cycle rebound. We have raised our ...

EXECUTIVE SUMMARY

Updates Pension Risks
Target & Opinion Governance & Management
Business & Trends Graphics : Momentum
Money Making Graphics : MACD & Volumes
Debt Graphics : Sensitivities
Valuation Sector: Performance
DCF Sector: Key data
NAV/SOTP Sector: Ratios & Valorisation
Worth knowing Sector: Peers
Financials Sector: Analysis

CONFLICTS OF INTEREST

AlphaValue does not have nor seek any business with companies covered in AlphaValue Research paid by subscription. As a result, investors can be confident that there is no conflict of interest that could affect the objectivity of AlphaValue Research.

Corporate broking NO
Trading in corporate shares NO
Analyst ownership NO
Advising of corporate (strategy, marketing, debt, etc) NO
Research paid for by corporate NO
Provision of corporate access paid for by corporate NO
Link between and a banking entity NO
Brokerage activity at AlphaValue NO