Retail

Nokian anticipates sales growth

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Nokian Tyres plc expects its net sales to grow more than 10% in 2005.

"The company is in a position to outperform previous year's sales and profits during the last quarter of the year as well as during the whole year (of) 2005," say Nokian officials.

However, the Finland-based company's third quarter profits are expected to be lower than they were during the same period in 2004 due to snow tire pre-sales and other factors, they report.

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