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    TYRES   FI0009005318

NOKIAN RENKAAT OYJ

(TYRES)
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Nokian Tyres plc: Shareholders' Nomination Board 2021

06/08/2021 | 09:01am EDT

Nokian Tyres plc Stock Exchange Release 8 June, 2021 at 4.00 pm

The following members have been appointed to Nokian Tyres' Shareholders' Nomination Board:

  • Mr. Antti Mäkinen (CEO, Solidium Oy), appointed by Solidium Oy
  • Mr. Heikki Westerlund (board professional), appointed by Bridgestone Corporation
  • Mr. Mikko Mursula (Deputy CEO, Investments, Ilmarinen Mutual Pension Insurance Company), appointed by Ilmarinen Mutual Pension Insurance Company
  • Mr. Kalle Karppinen (Head of Research, Nordic Equities, Nordea Investment Management), appointed by Nordea Funds
  • Mr. Jukka Hienonen, Chairman of the Board, Nokian Tyres plc

Shareholders' Nomination Board prepares proposals to the General Meeting concerning the election and remuneration of the Board of Directors. The Nomination Board consists of five members of which four members represent the Company's four largest shareholders, and one member is the Chairman of the Board. The four largest shareholders are determined on the basis of the shareholders' register maintained by Euroclear Finland Ltd. on the first banking day of June. A holder of nominee-registered shares will be taken into account when determining the composition of the Nomination Board if the holder of nominee-registered shares presents a written request concerning the issue addressed to the Board by the first banking day of June.

Nokian Tyres plc

Päivi Antola 
SVP, Communications and Investor Relations
tel. +358 10 401 7327

Distribution: Nasdaq Helsinki, media, and www.nokiantyres.com

Nokian Tyres develops and manufactures premium tires for people who value safety and sustainability. Inspired by our Scandinavian heritage, we craft innovative products for passenger cars, trucks and heavy machinery that give you peace of mind in all driving conditions. Our Vianor chain provides tire and car services. In 2020, the company's net sales were EUR 1.3 billion and it employed some 4,600 people. Nokian Tyres is listed on Nasdaq Helsinki. Further information: www.nokiantyres.com

https://news.cision.com/nokian-tyres/r/nokian-tyres-plc--shareholders--nomination-board-2021,c3363261

(c) 2021 Cision. All rights reserved., source Press Releases - English

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Financials
Sales 2021 1 521 M 1 796 M 1 796 M
Net income 2021 212 M 251 M 251 M
Net cash 2021 7,75 M 9,16 M 9,16 M
P/E ratio 2021 22,7x
Yield 2021 3,91%
Capitalization 4 817 M 5 689 M 5 690 M
EV / Sales 2021 3,16x
EV / Sales 2022 2,96x
Nbr of Employees 4 982
Free-Float 89,8%
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Technical analysis trends NOKIAN RENKAAT OYJ
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TrendsNeutralBullishBullish
Income Statement Evolution
Consensus
Sell
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Mean consensus UNDERPERFORM
Number of Analysts 17
Last Close Price 34,85 €
Average target price 29,69 €
Spread / Average Target -14,8%
EPS Revisions
Managers and Directors
Jukka Matias Moisio President & Chief Executive Officer
Teemu Johannes Kangas-Kńrki Chief Financial Officer
Jukka Hienonen Chairman
Juha Pirhonen Vice President-Research & Development
Frans Westerlund Head-Information Technology & Processes
Sector and Competitors