Improved Results For Nokian

Nokian Tyres have released first quarter results. Turnover was up 10.3 per cent at 84.

5 million Euro (Q1 2001: 76.6 m). The operating result was -1.

0 m Euro (-1.9 m) and the result before tax was -4.0 m (-5.

0 m). The net result was -3.3 m (-3.

7 m). Sales and profits of passenger car tyres rose, while sales of heavy tyres decreased, as did sales of retreading materials. Sales of the chain Vianor were up, but the loss was greater than Q1 2001.