Nokian Tyres plc says its net sales for the first quarter will total 200 million euros. Its operating profit will be 39 million euros.
"Main reasons for the better-than-expected results are strong sales growth continuing in Russia, as well as stronger-than-expected summer tire sales," say Nokian officials.
The Finland-based tiremaker expects growth to continue during the rest of the year, but "not at the same pace" as during the first quarter.
