contentSlug

type

ContentSlug_ContentQuery

slug

ContentPageContentQuery

content

trendingContent

query ContentSlug_ContentQuery(
  $contentSlug: String!
  $type: [ContentType!]
) {
  ...ContentPageContentQuery_13QmVO
}

fragment CompanyDetails_Content on Content {
  __isContent: __typename
  companies {
    name
    description
    pageUrl
    id
  }
}

fragment ContentBasicInfo on Content {
  __isContent: __typename
  id
  type
  title
  lang
  companies {
    viewerIsFollowing
    id
    name
    pageUrl
  }
  tags {
    viewerIsFollowing
    id
    name
    pageUrl
  }
  ...PublishingDetails
  ...Reactions
}

fragment ContentMetadata on Content {
  __isContent: __typename
  type
  title
  lang
  pageUrl
  alternatePageUrls: translations {
    __typename
    pageUrl
    lang
  }
  imgUrl
  description
  ... on Video {
    liveTime
    videoUrl
  }
  ... on Webcast {
    liveTime
    videoUrl
  }
}

fragment ContentPageContentQuery_13QmVO on Query {
  content(slug: $contentSlug, type: $type) {
    __typename
    id
    type
    title
    isPremium
    lang
    htmlBody
    summary
    companies {
      forum {
        latestPosts {
          ...ForumPosts
        }
      }
      name
      id
      viewerIsFollowing
      pageUrl
      defaultInstrument {
        isin
        id
        marketOpen
        marketClose
        marketplace {
          region
        }
        returns {
          total
        }
      }
    }
    tags {
      viewerIsFollowing
      id
      name
      pageUrl
    }
    createdAt
    ... on Video {
      liveTime
    }
    ... on Webcast {
      liveTime
    }
    slug
    ... on CompanyReport {
      reportUrl
      researchContentUrl
    }
    ... on ThirdPartyCompanyReport {
      reportUrl
    }
    ... on StockExchangeRelease {
      reportUrl
    }
    ...ContentBasicInfo
    ...ContentMetadata
    ...PriceAndRecommendation_Content
    ...CompanyDetails_Content
    ...ReportLink_Content
    ...KeyFigures_Content
  }
  ...TrendingContent_1jQ2Cn
}

fragment ForumPosts on ForumPost {
  text
  likesCount
  url
  author
  postedAt
  authorImgUrl
}

fragment KeyFigures_Content on Content {
  __isContent: __typename
  companies {
    defaultInstrument {
      estimateData {
        modelType
        reportingCurrency
      }
      snapshot {
        transaction {
          date
          actualized {
            year
            quarter
            revenue
            revenueGrowth
            ebitAdjusted
            ebitReported
            ebitda
            enterpriseValue
            epsAdjusted
            dividend
            dividendYield
            sharePrice
            nav
            navPerShare
            opexOfNav
            quarterlySharePrice
          }
          estimates {
            year
            quarter
            revenue
            revenueGrowth
            ebitAdjusted
            ebitReported
            ebitda
            enterpriseValue
            epsAdjusted
            dividend
            dividendYield
            sharePrice
            nav
            navPerShare
            opexOfNav
            quarterlySharePrice
          }
        }
      }
      id
    }
    id
  }
}

fragment PriceAndRecommendation_Content on Content {
  __isContent: __typename
  createdAt
  companies {
    name
    pageUrl
    defaultInstrument {
      priceData {
        tradeCurrency
      }
      snapshot {
        priceData {
          date
          lastPrice
          tradeCurrency
        }
        transaction {
          date
          recommendation
          targetPrice
        }
        prevTransaction {
          recommendation
        }
      }
      id
    }
    id
  }
}

fragment PublishingDetails on Content {
  __isContent: __typename
  createdAt
  publishers {
    name
    imgUrl
  }
  authors {
    __typename
    id
    name
    slug
    imgUrl
    jobTitle
  }
  ... on Video {
    liveTime
  }
  ... on Webcast {
    liveTime
  }
}

fragment Reactions on Content {
  __isContent: __typename
  id
  reactionGroups {
    reactionType
    reactionsCount
    viewerReacted
  }
}

fragment ReportLink_Content on Content {
  __isContent: __typename
  type
  isPremium
  ... on CompanyReport {
    reportUrl
  }
  ... on ThirdPartyCompanyReport {
    reportUrl
  }
  ... on StockExchangeRelease {
    reportUrl
  }
}

fragment TrendingContent_1jQ2Cn on Query {
  trendingContent(type: ARTICLE) {
    __typename
    id
    title
    lang
    pageUrl
    createdAt
    type
    imgUrl
    companies {
      squareLogoUrl
      name
      id
    }
    authors {
      __typename
      imgUrl
      id
    }
    publishers {
      imgUrl
    }
  }
}


__typename

title

isPremium

lang

htmlBody

summary

companies

createdAt

publishers

authors

reactionGroups

pageUrl

translations

imgUrl

description

Analyst

Joonas Korkiakoski

Nokian Tyres is a premium tire manufacturer. The company develops and manufactures tires for passenger cars, trucks and heavy machinery. The company also operates the Vianor chain, which provides tire and car services. Nokian Tyres' main market areas are the Nordic countries, Central Europe and North America. The company began manufacturing tires for passenger cars in 1932 and is headquartered in Nokia, Finland.

CEO’s review of last week’s Annual General Meeting!                    Inderes              Nokian Renkaiden yhtiökokous | Toimitusjohtajan katsaus 25.3.2026 - Inderes    Aika: 30.03.2026 klo 07.10 Toimitusjohtaja Paolo Pompein katsaus Nokian Renkaiden yhtiökokouksesta 25.3.2026.

Even if I’m not the only applicant, you can apply on Vianor’s website to become a test driver for the Hakkapeliitta 01 tire. This means you could get new tires for your own car free of charge. The application doesn’t automatically mean you’ll be selected as a tester, but if luck is on your side, your face might appear in Vianor’s newsletter one day.                    vianor.fi              Nokian Tyres Hakkapeliitta® 01 – uusi talvirengas 2026    Sääolosuhteisiin automaattisesti mukautuvien nastojen ansiosta Nokian Tyres Hakkapeliitta 01 mullistaa talviajon. Tulossa ensi talveksi.

Nokian Tyres’ annual general meeting was held today at Finlandia Hall, where the new Hakkapeliitta 0.1 tire, with its studs in, studs out model, was also highly praised. Indeed, the vision for such a smart tire first emerged in 2014, but the design and testing phase lasted over ten years. For the past 3-4 years, the new product has been test-driven hundreds of thousands of kilometers in all kinds of weather conditions. Competitors have also tried to develop a similar tire over the years, without success. Naturally, the company holds numerous patents protecting the invention, which provides a clear competitive advantage for customers who need such a tire. Earlier this year, 500 customer representatives test-drove the Hakkapeliitta 0.1 at Ivalo’s unique, arctic test track. Otherwise, the meeting focused on basic matters and a review. In practice, factory capacity is now ready for the targets of this strategy period, meaning they only require maintenance investments. 10% contract manufacturing is maintained for customer needs and to provide flexibility. Now, the biggest investments are directed towards sales and marketing, with Kimi Räikkönen and official sponsorship of the Ice Hockey World Championships in 2026 and 2027 being mentioned. As is known, electric vehicle tires are subjected to greater wear on the road surface due to the car’s weight, requiring premium tires underneath, which Nokian Tyres manufactures – a good thing for the company. The last couple of years have been sluggish for heavy tires; forest machines are not needed as before due to difficult times in the forest industry. Regarding the defense industry, I understood that the capacity is not sufficient for large-scale military vehicles and would need to be scaled up. Mainly, some kind of plan and vision from the EU was hoped for to meet the needs of the entire continent, to make the investment profitable. Sustainability and emissions-free operations were discussed. Customers are not willing to pay extra but will, of course, gladly choose a lower-emission product from equally priced options. Jukka Hienonen stepped down from the position of Chairman of the Board and also from the board itself, replaced by Jouko Pölönen. A new board member is Tom Adams, a Belgian with a Bridgestone background. Hienonen did not hide his satisfaction that, in the current chaotic geopolitical situation, the company has factories in Romania and the USA, openly admitting that it was a grave mistake at the time to put all eggs in one basket with the St. Petersburg factory. The situation is now good, as there is no need to worry about dollar exchange rate fluctuations or shipping tires across the world’s oceans. Refreshments included a small savory pie and a sweet champagne pastry with coffee; a dividend of €0.25 per share was also approved. These are the first things that came to mind; I will supplement if anything else comes to mind. I grant myself immunity from any potential errors and misunderstandings .

Is the impact of the rise in crude oil prices on raw material costs starting to gradually materialize?

Exactly – the temperature difference between the air and the road surface is not very large, and secondly, comparing it to the sensation on human skin is beside the point.  If an object is at a certain temperature and air of the same temperature is blown onto it at high speed, the object’s temperature will not change unless the speed is so high that the rise in heat produced by the resulting friction can be detected.

Living here in Lapland, you’d wish for tires to work according to the temperature, so that when it warms up, the studs come out, and when it gets colder, they retract  Most often, it’s slipperiest near zero, and there’s plenty of grip in twenty-below frosts.

The situation is not quite comparable because it’s specifically about heat transfer efficiency rather than just airflow/wind chill / temperature.  In a sauna, there is very high humidity which makes heat transfer efficient, whereas freezing air is very dry, meaning it transfers heat poorly even if there is a temperature difference between the elements. This difference is also smaller than in a sauna (38C vs 100C) and under humid conditions.

Nokian Tyres

Nokian Tyres’ situation is difficult in the short term, as a rapid reduction in Russia risks is impossible and the operating environment is exceptionally unpredictable. 

<p>Nokian Tyres’ situation is difficult in the short term, as a rapid reduction in Russia risks is impossible and the operating environment is exceptionally unpredictable. </p> 

	2021	22e	23e
Revenue	1,714.2	1,648.3	1,761.4
growth-%	30.5 %	-3.8 %	6.9 %
EBIT (adj.)	324.9	217.8	278.3
EBIT-% (adj.)	19.0 %	13.2 %	15.8 %
EPS (adj.)	1.84	1.20	1.56
Dividend	0.55	0.60	0.65
Dividend %	1.7 %	6.4 %	7.0 %
P/E (adj.)	18.1	7.8	6.0
EV/EBITDA	10.5	4.0	3.4

Nokian Tyres: A demanding situation

Key Estimate Figures2022-04-01

Forum discussions