Financial Review

The report describes Nokian Tyres' exit from Russia and investment of approximately EUR 650 million in a new Romanian tire factory. It reports record-low LTIF of 3.2, continued work on recycled and renewable materials, and a target to reduce production Scope 1 and Scope 2 CO2 emissions by more than 50% by 2030 from a 2015 base year. The report also discloses EU Taxonomy-aligned turnover, CapEx and OpEx.