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

NOKIAN RENKAAT OYJ

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Nokian Renkaat Oyj : Reija Laaksonen appointed Nokian Tyres' new Head of Global Marketing

11/09/2020 | 09:10am EST
Mon November 9 04:00 pm 2020 in category Articles Reija Laaksonen appointed Nokian Tyres' new Head of Global Marketing

Reija Laaksonen has been appointed Nokian Tyres' new Head of Global Marketing starting November 9, 2020. She will be reporting to Andrei Pantioukhov, Executive Vice President and member of Nokian Tyres' management team. As a premium tire manufacturer, Nokian Tyres is known for its high quality, innovative and safe products, and respected brand, and we will continue to build on these strengths.

In her position, Reija will be responsible for Nokian Tyres global marketing, branding, advertising and promotion, consumer communications and services, digital business / e-commerce (B2C & B2B), and branded retail development.

Reija has a broad experience of leading roles in brand, marketing communications, media management and digital transformation. Previously, Reija has worked in the consumer goods industry at Unilever and Fazer.

'Nokian Tyres brand is an iconic Finnish brand, and we will continue to strengthen the brand further', says Jukka Moisio, President and CEO of Nokian Tyres. 'Reija will bring strong new capabilities to the team, supporting us in accelerating our growth in North America and Central Europe as well as in strengthening our market leader positions in Nordics and Russia. With a valued brand, strong expertise and enhanced production capacity, we are well positioned to develop our business further as the market rebounds.'

'I am thrilled to join Nokian Tyres! Being part of a company with a leading brand and innovative products has always meant a lot to me', Reija says. 'I am excited about the opportunity to strengthen the capabilities of the team to be future-fit and leading edge in marketing and thus contribute to Nokian Tyres growth strategy.'

You can find more information about Reija here: https://fi.linkedin.com/in/reijalaaksonen

Disclaimer

Nokian Tyres plc published this content on 09 November 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 09 November 2020 14:09:00 UTC


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Financials
Sales 2020 1 349 M 1 642 M 1 642 M
Net income 2020 99,8 M 121 M 121 M
Net Debt 2020 43,7 M 53,2 M 53,2 M
P/E ratio 2020 42,7x
Yield 2020 3,61%
Capitalization 4 260 M 5 186 M 5 185 M
EV / Sales 2020 3,19x
EV / Sales 2021 2,88x
Nbr of Employees 4 785
Free-Float 85,9%
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Technical analysis trends NOKIAN RENKAAT OYJ
Short TermMid-TermLong Term
TrendsBullishBullishBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus HOLD
Number of Analysts 17
Average target price 25,93 €
Last Close Price 30,82 €
Spread / Highest target 7,07%
Spread / Average Target -15,9%
Spread / Lowest Target -51,3%
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