Inactive Instrument

Company Nokian Renkaat Oyj Nasdaq Helsinki

Equities

FI0009005318

Tires & Rubber Products

Business Summary

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

- manufacture and sales of tires (70.4%): for passenger cars (73% of net sales) and for heavy-duty vehicles (27%);

- distribution of tires (29,2%; Vianor): operating, at the end of 2023, through a network of 174 own service centers in Finland, Sweden and Norway;

- other (0.4%).

At the end of 2023, the group had 2 manufacturing sites located in Finland and the United States.

Net sales are distributed geographically as follows: Nordic countries (57.2%), Europe (19.3%), Americas (22.9%) and other (0.6%).

Sales per Business

EUR in Million2022Weight2023Weight Delta
Passenger Car Tyres
51.4 %
1,170 65.9 % 603 51.4 % -48.48%
Vianor
29.2 %
361 20.3 % 343 29.2 % -4.96%
Heavy Tyres
19.0 %
236 13.3 % 223 19.0 % -5.39%
Other Operations and Eliminations
0.4 %
10 0.5 % 5 0.4 % -49.47%

Sales per region

EUR in Million2022Weight2023Weight Delta
Nordics
57.2 %
722 40.7 % 672 57.2 % -7.01%
Americas
22.9 %
315 17.7 % 269 22.9 % -14.59%
Other Europe
19.3 %
303 17.1 % 226 19.3 % -25.36%
Other Countries
0.6 %
0 0.0 % 7 0.6 % -

Managers

Managers TitleAgeSince
Chief Executive Officer 62 20-05-26
Director of Finance/CFO 52 23-09-30
Chief Tech/Sci/R&D Officer - -
Chief Tech/Sci/R&D Officer 61 90-12-31
Chief Tech/Sci/R&D Officer 58 17-07-31
Investor Relations Contact 53 18-04-30
Corporate Officer/Principal 53 20-08-31
Human Resources Officer 59 21-04-30
Corporate Officer/Principal 56 16-03-31
Corporate Officer/Principal 49 00-12-31

Members of the board

Members of the board TitleAgeSince
Director/Board Member 70 15-12-31
Director/Board Member 48 14-03-31
Director/Board Member 67 18-04-09
Chairman 63 20-04-01
Director/Board Member 54 21-03-29
Director/Board Member 54 15-12-31
Director/Board Member 56 21-03-29
Director/Board Member 60 16-12-31
Director/Board Member 48 21-12-31

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 138,921,750 116,874,282 ( 84.13 %) 1,054,507 ( 0.7591 %) 84.13 %

Shareholders

NameEquities%Valuation
Solidium Oy (Investment Company)
10.10 %
14,031,000 10.10 % 128 M €
Norges Bank Investment Management
4.988 %
6,929,412 4.988 % 63 M €
Keskinäinen Työeläkevakuutusyhtiö Varma
3.051 %
4,238,192 3.051 % 39 M €
Keskinäinen Eläkevakuutusyhtiö Ilmarinen
1.891 %
2,626,395 1.891 % 24 M €
OP Asset Management Ltd.
1.492 %
2,072,192 1.492 % 19 M €
Keskinäinen Työeläkevakuutusyhtiö Elo
1.458 %
2,025,000 1.458 % 18 M €
Nordea Investment Management AB
1.277 %
1,773,458 1.277 % 16 M €
Nordea Investment Management AB (Finland)
1.073 %
1,490,747 1.073 % 14 M €
1,054,507 0.7591 % 10 M €
Valtion Eläkerahasto - The State Pension Fund
0.6478 %
900,000 0.6478 % 8 M €

Holdings

NameEquities%Valuation
1,054,507 0.76% 9,626,615 $

Company contact information

Nokian Renkaat Oyj

Pirkkalaistie 7

37101, Nokia

+358 1040 17000

http://www.nokiantyres.com
address Nokian Renkaat Oyj

Group companies

NameCategory and Sector
Wholesale Distributors
Wholesale Distributors
Nokian Tyres U.S. Holdings, Inc.
Investment Managers
Posiber Oy