FINANCIAL TARGETS

Updated long-term financial targets for the next five years were published in April 2023: 

  • Growth: Net sales EUR 2 billion 
     
  • Profitability: Segments operating profit* at the level of 15
     
  • Capital structure: Net debt/Segments EBITDA* 1–2

Nokian Tyres’ dividend policy is unchanged. Nokian Tyres’ target is to pay a dividend of at least 50% of its net earnings.

*As of January 1, 2023, Nokian Tyres will report as alternative non-IFRS figures Segments net sales and Segments operating profit excluding Russia and other items that are not indicative of Nokian Tyres’ underlying business performance.