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GUIDANCE FOR 2019

Nokian Tyres Insider information June 14, 2019 -?Nokian Tyres plc lowers its earlier guidance for the full year 2019

Due to the weakened car demand and continuously soft car tire market especially in Central Europe, Nokian Tyres plc lowers its earlier guidance for the full year 2019. The company expects short-term weakness in sales volume growth in Central Europe to continue during the remainder of the year.

Updated guidance for 2019:
In 2019, net sales with comparable currencies are expected to be slightly higher and operating profit to be lower compared to 2018. In line with Nokian Tyres’ updated 2018 strategy, the company is targeting further growth in Russia, Central Europe, and North America. As a result of ongoing investment programs to support the growth, operating profit in 2019 will include significant additional operating costs.

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Interim Report January–March, May 8, 2019?

(unchanged)?
In 2019, net sales with comparable currencies are expected to grow and operating profit to be approximately at the level of 2018. In line with Nokian Tyres’ updated 2018 strategy, the company is targeting further growth in Russia, Central Europe, and North America. As a result of ongoing investment programs to support the growth, operating profit in 2019 will include significant additional operating costs.

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Financial Statement Release 2018, February 5, 2019

In 2019, net sales with comparable currencies are expected to grow and operating profit to be approximately at the level of 2018. In line with Nokian Tyres updated 2018 strategy, the company is targeting further growth in Russia, Central Europe and North America. As a result of ongoing investment programs to support the growth, operating profit in 2019 will include significant additional operating costs.

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