Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON

MarketScreener Homepage  >  Equities  >  NASDAQ OMX HELSINKI LTD.  >  Nokian Renkaat Oyj    TYRES   FI0009005318

NOKIAN RENKAAT OYJ

(TYRES)
  Report
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
SummaryMost relevantAll NewsPress ReleasesOfficial PublicationsSector newsMarketScreener StrategiesAnalyst Recommendations

Nokian Renkaat Oyj : ONE YEAR WITHOUT OCCUPATIONAL ACCIDENTS - LEVYPYORA HAS OVERTURNED ITS COURSE IN SAFETY AFTER ACQUISITION

11/24/2020 | 10:19am EST

Levypyora, part of the Nokian Tyres, has achieved an important occupational safety milestone: the company has worked for one year without any lost-time occupational accidents. Levypyora joined Nokian Tyres through an acquisition in August 2019.

'Initially, the company was on our occupational safety 'watch list'. Improving occupational safety was one of the first things that we focused on after the acquisition, and Levypyora's personnel were given plenty of coaching and encouragement. Safety is the number one priority in everything that we do. For this, we owe thanks to our entire staff', says Pasi Antinmaa, managing director for Levypyora.

Nokian Tyres aims to reduce lost-time occupational accidents by 20% each year. In 2019, Nokian Tyres' Lost-Time Injury Frequency (LTIF) was 4.3 (accidents/million work hours), down by 69% from 2015. When Levypyora's figures are included, the LTIF number was 5.0. The good development has continued, and the next milestone will be 4.5 accidents per one million work hours.

'This development has been astonishing,' says Jukka Rikkinen, Nokian Tyres' Head of Global Safety. 'When everyone commits themselves to the common goal of improving safety, we will have a firm foundation for development. I trust that this development will continue in the coming years. Safety is a choice, as Nokian Tyres' safety slogan puts it,' Jukka emphasizes.

Levypyora was founded 65 years ago and it employs approximately 90 people in Nastola, Finland. The company is a premier provider of wheels for heavy OE and aftermarket applications.

Nokian Tyres plc

Paivi Antola

SVP, Investor Relations & Corporate Communications

Tel. +358 10 401 7327

Contact requests: Tarja Kuittinen, Communications Manager, tel. +358 10 401 7912

(C) 2020 Electronic News Publishing, source ENP Newswire

All news about NOKIAN RENKAAT OYJ
01/15NOKIAN TYRES PLC : Paivi leskinen appointed senior vice president, human resourc..
AQ
01/15NOKIAN TYRES PLC : Päivi Leskinen appointed Senior Vice President, Human Resour..
AQ
01/15NOKIAN TYRES PLC : Päivi Leskinen appointed Senior Vice President, Human Resourc..
PU
01/14NOKIAN TYRES : Disclosure under chapter 9, section 10 of the securities market a..
PU
2020NOKIAN TYRES : Disclosure under chapter 9, section 10 of the securities market a..
PU
2020NOKIAN TYRES INTRODUCES NEW FLAGSHIP : NOKIAN HAKKAPELIITTA® 10 utilizes the in..
AQ
2020NOKIAN TYRES INTRODUCES NEW FLAGSHIP : NOKIAN HAKKAPELIITTA® 10 utilizes the ind..
PU
2020NOKIAN TYRES : Disclosure under chapter 9, section 10 of the securities market a..
PU
2020NOKIAN TYRES : Disclosure under chapter 9, section 10 of the securities market
PU
2020NOKIAN RENKAAT OYJ : How to slow down winter tire wear – massive differenc..
PU
More news
Financials
Sales 2020 1 348 M 1 628 M 1 628 M
Net income 2020 99,8 M 121 M 121 M
Net Debt 2020 48,7 M 58,8 M 58,8 M
P/E ratio 2020 41,6x
Yield 2020 3,64%
Capitalization 4 148 M 5 015 M 5 009 M
EV / Sales 2020 3,11x
EV / Sales 2021 2,81x
Nbr of Employees 4 785
Free-Float 85,9%
Chart NOKIAN RENKAAT OYJ
Duration : Period :
Nokian Renkaat Oyj Technical Analysis Chart | TYRES | FI0009005318 | MarketScreener
Technical analysis trends NOKIAN RENKAAT OYJ
Short TermMid-TermLong Term
TrendsNeutralBullishBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus HOLD
Number of Analysts 17
Average target price 25,34 €
Last Close Price 30,01 €
Spread / Highest target 9,96%
Spread / Average Target -15,6%
Spread / Lowest Target -50,0%
EPS Revisions
Managers and Directors
NameTitle
Jukka Matias Moisio President & Chief Executive Officer
Jukka Hienonen Chairman
Teemu Johannes Kangas-Kärki Chief Financial Officer
Juha Pirhonen Vice President-Research & Development
Frans Westerlund Head-Information Technology & Processes
Sector and Competitors