AnalysisNokian expects Winter tire sales to increase

At its capital markets day in November, Nokian told analysts that it expects the Winter tire market in China to expand at 25% CAGR. It estimates 2015 sales in China at 5.5m units, and expects that to increase to 10.7m units by 2018. The company said it has 134 dealerships in China. Source 1: CEO

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