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Nokian Tyres: ‘Good development’ despite currency headwinds in Q1 2018

Although held back by exchange rate effects, net sales at Nokian Tyres were higher in the first three months of 2018 than a year earlier. Sales were up 3.1 per cent to 336.0 million euros; had the exchange rate effect been neutral, the tyre maker estimates that net sales would have increased 9.3 per cent year-on-year. Nevertheless, Hille Korhonen, president and chief executive officer of Nokian Tyres, referred to the result as “a good start of the year.”

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  1. Nokian Tyres: Strong Heavy Tyres performance maintains sales in 2019
  2. Nokian Tyres increases sales, profits
  3. Nokian Tyres: Financial targets aim for faster growth in Europe, North America
  4. Nokian Tyres stopping production for two weeks in April
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Nokian launches Armor Gard 2 urban excavation range

With a new tyre aimed at urban excavation applications, Nokian Heavy Tyres says it is introducing a tyre “designed to start a new era of excavation work in city environments all over the world.” It adds that the Nokian Armor Gard 2 resolves the “key issues” of urban excavation – ensuring safety and stability even in the most demanding tasks and preventing tyres from wearing rapidly during long on-road transitions.

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Related news:

  1. Nokian launches first winter contracting tractor tyre
  2. Nokian CT tyre range extended to five sizes
  3. On-/off-road, trailer tyres join Nokian truck range
  4. Additional size joins Nokian Tractor King range
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Nokian Heavy Tyres lifting production capacity by 50%

Through an investment of around 70 million euros in its factory in Nokia, Finland, Nokian Tyres group company Nokian Heavy Tyres Ltd. will increase its production capacity by 50 per cent over the coming three years. The maximum capacity for heavy tyre production will grow from approximately 20 million kilogrammes a year to 32 million kilogrammes. Alongside this capacity boost, approximately 50 additional people will be hired for the production of heavy tyres.

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Related news:

  1. Nokian Tyres building off-highway tyre R&D centre
  2. Nokian Tyres stopping production for two weeks in April
  3. Nokian announces €1.45 per share dividend for 2013
  4. Nokian Tyres adjusting output in Russia, freezes hiring at new USA plant
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Nokian launches Hakkapeliitta Truck F2 steer tyre

When it comes to winter driving, Nokian Heavy Tyres observes that an extra couple of percentage points improvement in grip “makes all the difference.” This is why when developing a successor to the Hakkapeliitta Truck F, the Finnish tyre maker says it wanted to make an “already excellent” steer tyre “even better.” The Hakkapeliitta Truck F2, it adds, is a completely redesigned tyre with a “more aggressive tread pattern” that maximises grip.

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Related news:

  1. Nokian launches next-generation winter truck tyre
  2. Nokian introduces 2 new Hakkapeliitta Truck D sizes
  3. Nokian Tyres’ Net Sales Up by 19.8 per cent
  4. Nokian announces ‘A’-rated winter tyre for electric vehicles
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Nokian CT tyre range extended to five sizes

Four new sizes have joined the Nokian Heavy Tyres’ CT trailer tyre line-up, complementing the 650/55R26.5 CT tyre introduced at the Agritechnica exhibition three years ago. The new sizes –560/60R22.5, 600/50R22.5, 600/55R26.5 and 600/60R30.5 – are available as of this month.

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Related news:

  1. From Concept to King – Agritechnica launch for Nokian contractor tyre
  2. Additional size joins Nokian Tractor King range
  3. University testing shows Nokian Ground King ‘lives up to its promises’
  4. Nokian Tyres building off-highway tyre R&D centre
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