Nokian Tires’ operating profit plummeted to a loss – net sales fell by more than a third

© Magazine image The company says the weak result is due to the coronavirus pandemic and the measures taken to clear the abundant stocks in the Russian distribution channel. NEWSPAPER / VESA MOILANEN Nokian Tires’ operating profit collapsed to a deficit of EUR 23 million in April-June, compared to 94 million on the positive side … Read more

Metso Outotec made a strong profit in the spring

© Magazine image Metso Outotec says it received new orders worth EUR 976 million in April-June. MAGAZINE IMAGE / RONI REKOMAA Technology company Metso Outotec’s adjusted ebita operating profit in April-June was EUR 143 million and net sales EUR 1,047 million. Due to its merger, the company did not publish similar figures last year. Metso … Read more

Nokian Tires’ operating profit plummeted to a loss – net sales fell by more than a third

© Magazine image The company says the weak result is due to the coronavirus pandemic and the measures taken to clear the abundant stocks in the Russian distribution channel. NEWSPAPER / VESA MOILANEN Nokian Tires’ operating profit collapsed to a deficit of EUR 23 million in April-June, compared to 94 million on the positive side … Read more