Nokian Tyres Plc (NKRKY) Q2 2026 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good afternoon everyone from sunny Helsinki and welcome to Nokian Tyres second quarter 2026 results call. I am Annukka Angeria from Nokian Tyres investor relations and joining me today are president and CEO Paolo Pompei and CFO Timo Koponen. Paolo will begin with an overview of the second quarter group level results and after that Timo will take us through the business unit financials. And as usual after the presentation we will be happy to take your questions. And with that Paolo please. Thank you Annukka and thank you everyone for joining this quarterly call this afternoon. We start with the headline, Strong Profitability Improvement Driven by Higher Sales, Volumes, and Announced Pricing. We are going to comment a very good quarter, I would say, both dimensions, sales development as well as profitability. Moving to the agenda, we will start obviously with the quarterly highlights and the financial performance. Then Timo will comment the business units performance as well as the cash flow and the financial position. and now we will close the call with the assumption and guidance and then finally we will have our Q&A. Moving to slide number three, quarterly highlights and moving to slide number four. Before to start, we would like to highlight two important recognitions that we received during the quarter. The first one is about our sustainability, both of them are about our sustainability journey and the first one is about the financial time, who was ranking Nokian Tyres as the first tyre company in the sustainability, in the climate change leadership. And we were the highest scoring tyre company in this ranking and we were ranked globally 39 among 600 companies that were selected. The second recognition came from the Time Magazine and also identifying Nokian Tyres,...