AnalysisNokian expects Winter tire sales to increase

Posted on by David Shaw

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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