Nokian posts 2009 financial results
Nokian Tyres plc achieved net sales of 798.5 million euros on operating income of 102 million euros in 2009. Sales were down 26.1% vs. 2008 full-year results.
Nokian reports that its cash flow from operations increased to 123.1 million euros during 2009.
"In 2010, the company is positioned to improve net sales and operating results compared to 2009," say Nokian officials.