Business description: Nokian Renkaat Oyj

Nokian Renkaat Oyj is the leading Scandinavian tire manufacturer. Net sales break down by activity as follows:

- manufacture and sales of tires (73.1%): for passenger cars (79.8% of net sales) and for heavy-duty vehicles (20.2%);

- distribution of tires (26,4%; Vianor): operating, at the end of 2025, through a network of 170 own service centers in Finland, Sweden and Norway;

- other (0.5%).

At the end of 2025, the group had 2 manufacturing sites located in Finland and the United States.

Net sales are distributed geographically as follows: Nordic countries (52.9%), Europe (25%), Americas (21.7%) and other (0.4%).

Number of employees: 3,936

Sales by Activity: Nokian Renkaat Oyj

Fiscal Period: December 2021 (EUR) 2022 (EUR) 2023 (EUR) 2024 (EUR) 2025 (EUR)

Passenger Car Tyres

1.2B 1.23B 653M 780M 858M

Heavy Tyres

254M 274M 257M 235M 232M

Vianor

343M 362M 344M 355M 364M

Other Operations and Eliminations

-81.9M -93.2M -80.9M -80.1M -80.6M

Geographical breakdown of sales: Nokian Renkaat Oyj

Fiscal Period: December 2021 (EUR) 2022 (EUR) 2023 (EUR) 2024 (EUR) 2025 (EUR)

Nordics

685M 722M 672M 696M 727M

Other Europe

465M 303M 226M 320M 343M

Americas

229M 315M 269M 270M 298M

Other Countries

- - 7.2M 3.7M 5M

Russia and Asia

336M 436M - - -

Executive Committee: Nokian Renkaat Oyj

Manager TitleAgeSince
Chief Executive Officer 55 01/01/2025
Director of Finance/CFO 57 15/04/2026
Director of Finance/CFO - 30/08/2023
Compliance Officer 59 -
Chief Tech/Sci/R&D Officer 63 01/01/1991

Composition of the Board of Directors: Nokian Renkaat Oyj

Director TitleAgeSince
Chairman 56 25/03/2026
Director/Board Member 50 01/01/2022
Director/Board Member - 26/04/2023
Director/Board Member 56 30/04/2024
Director/Board Member 60 30/04/2024
Director/Board Member 65 -
Director/Board Member 53 25/03/2026

Shareholders: Nokian Renkaat Oyj

NameStocks%Valuation
Solidium Oy (Investment Company)
10.1 %
14,031,000 10.1 % 268 M $
Keskinäinen Työeläkevakuutusyhtiö Varma
4.835 %
6,717,384 4.835 % 128 M $
Société Générale Gestion SA
4.681 %
6,502,675 4.681 % 124 M $
Keskinäinen Eläkevakuutusyhtiö Ilmarinen
3.243 %
4,505,678 3.243 % 86 M $
Sprucegrove Investment Management Ltd.
2.884 %
4,006,896 2.884 % 77 M $

Holdings: Nokian Renkaat Oyj

NameStocks%Valuation
1,049,4630.76% 20 M $

Company details: Nokian Renkaat Oyj

Nokian Renkaat Oyj

Pirkkalaistie 7

37101, Nokia

+358 1040 17000

http://www.nokiantyres.com
address Nokian Renkaat Oyj(NKRKY)

Group companies: Nokian Renkaat Oyj

NameCategory and Sector
Nokian Tyres U.S. Holdings, Inc.
Wholesale Distributors
Wholesale Distributors

Other Tires & Rubber Products

Change 5-day change 1-year change 3-year change Capi.($)
-1.61%-1.54%+10.48%+31.09% 29.83B
-0.24%-2.31%+5.77%+15.49% 25.18B
-0.30%+1.39%+7.53%+47.84% 8.02B
-1.24%+1.07%+28.41%+136.51% 7.06B
+0.15%-2.36%-7.93%+5.00% 6.23B
+0.30%-1.28%-13.04% - 5.73B
-1.25%-0.26%-19.24%+14.24% 5.46B
+1.70%+4.54%+55.38%+51.26% 5.43B
0.00%-0.46%+22.66%+72.37% 5.04B
Average -0.28%-0.80%+10.00%+46.73% 10.89B
Weighted average by Cap. -0.61%-1.25%+9.23%+37.04%
Trader
Investor
Global
Quality
ESG MSCI
-
Sell
Consensus
Buy
Mean consensus
UNDERPERFORM
Number of Analysts
9
Last Close Price
15.48EUR
Average target price
13.33EUR
Spread / Average Target
-13.87%

Quarterly revenue - Rate of surprise