Nokian Tyres plc
OMXH:TYRES
Income Statement
Earnings Waterfall
Nokian Tyres plc
Revenue
|
1.2B
EUR
|
Cost of Revenue
|
-904.6m
EUR
|
Gross Profit
|
269m
EUR
|
Operating Expenses
|
-203.7m
EUR
|
Operating Income
|
65.3m
EUR
|
Other Expenses
|
-390.8m
EUR
|
Net Income
|
-325.5m
EUR
|
Income Statement
Nokian Tyres plc
Dec-2013 | Mar-2014 | Jun-2014 | Sep-2014 | Dec-2014 | Mar-2015 | Jun-2015 | Sep-2015 | Dec-2015 | Mar-2016 | Jun-2016 | Sep-2016 | Dec-2016 | Mar-2017 | Jun-2017 | Sep-2017 | Dec-2017 | Mar-2018 | Jun-2018 | Sep-2018 | Dec-2018 | Mar-2019 | Jun-2019 | Sep-2019 | Dec-2019 | Mar-2020 | Jun-2020 | Sep-2020 | Dec-2020 | Mar-2021 | Jun-2021 | Sep-2021 | Dec-2021 | Mar-2022 | Jun-2022 | Sep-2022 | Dec-2022 | Mar-2023 | Jun-2023 | Sep-2023 | Dec-2023 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||||||||||||||||||||||||||||||||
Revenue |
1 521
N/A
|
1 500
-1%
|
1 450
-3%
|
1 421
-2%
|
1 389
-2%
|
1 359
-2%
|
1 335
-2%
|
1 318
-1%
|
1 360
+3%
|
1 355
0%
|
1 346
-1%
|
1 353
+0%
|
1 391
+3%
|
1 441
+4%
|
1 497
+4%
|
1 543
+3%
|
1 573
+2%
|
1 583
+1%
|
1 619
+2%
|
1 613
0%
|
1 596
-1%
|
1 603
+0%
|
1 590
-1%
|
1 588
0%
|
1 585
0%
|
1 525
-4%
|
1 380
-10%
|
1 375
0%
|
1 314
-4%
|
1 376
+5%
|
1 521
+11%
|
1 615
+6%
|
1 714
+6%
|
1 789
+4%
|
1 855
+4%
|
1 877
+1%
|
1 351
-28%
|
1 596
+18%
|
1 407
-12%
|
1 217
-14%
|
1 174
-4%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(820)
|
(804)
|
(790)
|
(786)
|
(770)
|
(759)
|
(742)
|
(717)
|
(734)
|
(722)
|
(707)
|
(712)
|
(724)
|
(755)
|
(789)
|
(812)
|
(839)
|
(847)
|
(869)
|
(874)
|
(866)
|
(882)
|
(904)
|
(936)
|
(1 014)
|
(987)
|
(922)
|
(916)
|
(907)
|
(919)
|
(994)
|
(1 056)
|
(1 125)
|
(1 180)
|
(1 247)
|
(1 313)
|
(1 048)
|
(1 201)
|
(1 098)
|
(962)
|
(905)
|
|
Gross Profit |
701
N/A
|
696
-1%
|
661
-5%
|
635
-4%
|
620
-3%
|
600
-3%
|
593
-1%
|
600
+1%
|
626
+4%
|
633
+1%
|
639
+1%
|
641
+0%
|
667
+4%
|
687
+3%
|
708
+3%
|
731
+3%
|
734
+0%
|
736
+0%
|
750
+2%
|
738
-2%
|
730
-1%
|
721
-1%
|
686
-5%
|
652
-5%
|
572
-12%
|
538
-6%
|
458
-15%
|
459
+0%
|
407
-11%
|
457
+12%
|
527
+16%
|
559
+6%
|
589
+5%
|
609
+3%
|
608
0%
|
564
-7%
|
302
-46%
|
395
+31%
|
309
-22%
|
255
-17%
|
269
+6%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(316)
|
(318)
|
(313)
|
(311)
|
(312)
|
(311)
|
(314)
|
(322)
|
(332)
|
(335)
|
(344)
|
(344)
|
(354)
|
(368)
|
(372)
|
(380)
|
(368)
|
(368)
|
(369)
|
(361)
|
(356)
|
(356)
|
(335)
|
(319)
|
(257)
|
(259)
|
(249)
|
(249)
|
(262)
|
(244)
|
(250)
|
(253)
|
(265)
|
(269)
|
(270)
|
(269)
|
(244)
|
(380)
|
(365)
|
(346)
|
(204)
|
|
Selling, General & Administrative |
(286)
|
(286)
|
(282)
|
(281)
|
(261)
|
(280)
|
(284)
|
(288)
|
(272)
|
(294)
|
(298)
|
(301)
|
(294)
|
(332)
|
(342)
|
(350)
|
(320)
|
(345)
|
(344)
|
(338)
|
(312)
|
(332)
|
(317)
|
(303)
|
(204)
|
(250)
|
(236)
|
(233)
|
(211)
|
(229)
|
(238)
|
(250)
|
(202)
|
(271)
|
(273)
|
(267)
|
(172)
|
(257)
|
(243)
|
(227)
|
(139)
|
|
Research & Development |
0
|
0
|
0
|
0
|
(17)
|
0
|
0
|
0
|
(19)
|
0
|
0
|
0
|
(20)
|
0
|
0
|
0
|
(22)
|
0
|
0
|
0
|
(21)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(30)
|
0
|
0
|
0
|
(24)
|
|
Depreciation & Amortization |
0
|
0
|
0
|
0
|
(20)
|
0
|
0
|
0
|
(20)
|
0
|
0
|
0
|
(20)
|
0
|
0
|
0
|
(26)
|
0
|
0
|
0
|
(20)
|
0
|
0
|
0
|
(53)
|
0
|
0
|
0
|
(51)
|
0
|
0
|
0
|
(65)
|
0
|
0
|
0
|
(41)
|
0
|
0
|
0
|
(44)
|
|
Other Operating Expenses |
(30)
|
(32)
|
(31)
|
(30)
|
(14)
|
(31)
|
(30)
|
(34)
|
(22)
|
(40)
|
(46)
|
(43)
|
(20)
|
(35)
|
(30)
|
(29)
|
(1)
|
(24)
|
(25)
|
(23)
|
(3)
|
(24)
|
(18)
|
(17)
|
(0)
|
(9)
|
(12)
|
(16)
|
(1)
|
(16)
|
(13)
|
(3)
|
1
|
2
|
3
|
(3)
|
(1)
|
(123)
|
(122)
|
(120)
|
3
|
|
Operating Income |
386
N/A
|
378
-2%
|
348
-8%
|
325
-7%
|
308
-5%
|
289
-6%
|
278
-4%
|
279
+0%
|
295
+6%
|
298
+1%
|
295
-1%
|
297
+1%
|
313
+6%
|
319
+2%
|
336
+5%
|
351
+5%
|
365
+4%
|
368
+1%
|
382
+4%
|
378
-1%
|
374
-1%
|
365
-2%
|
351
-4%
|
333
-5%
|
314
-6%
|
279
-11%
|
209
-25%
|
211
+1%
|
144
-31%
|
212
+47%
|
277
+31%
|
306
+10%
|
323
+6%
|
340
+5%
|
338
-1%
|
295
-13%
|
59
-80%
|
15
-74%
|
(56)
N/A
|
(92)
-63%
|
65
N/A
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
(73)
|
(82)
|
(73)
|
(71)
|
156
|
(20)
|
(15)
|
(12)
|
(19)
|
(39)
|
(35)
|
(32)
|
(8)
|
(10)
|
(14)
|
(32)
|
(12)
|
(34)
|
(30)
|
(11)
|
(10)
|
27
|
40
|
57
|
(14)
|
93
|
107
|
115
|
(12)
|
64
|
37
|
11
|
(9)
|
(5)
|
1
|
(2)
|
(46)
|
(4)
|
(10)
|
(9)
|
(18)
|
|
Non-Reccuring Items |
0
|
0
|
0
|
0
|
1
|
0
|
0
|
0
|
1
|
0
|
0
|
0
|
(3)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(2)
|
0
|
(0)
|
0
|
2
|
(7)
|
(55)
|
(61)
|
(24)
|
(57)
|
(18)
|
(20)
|
(55)
|
(57)
|
(339)
|
(345)
|
(2)
|
(210)
|
74
|
77
|
(33)
|
|
Total Other Income |
0
|
(0)
|
0
|
0
|
(203)
|
0
|
(0)
|
(0)
|
(3)
|
0
|
0
|
0
|
(4)
|
(0)
|
(0)
|
0
|
(21)
|
0
|
(2)
|
(2)
|
(1)
|
0
|
(15)
|
(35)
|
34
|
(112)
|
(126)
|
(134)
|
(2)
|
(75)
|
(46)
|
(18)
|
(1)
|
(6)
|
(6)
|
(6)
|
1
|
(28)
|
(28)
|
(28)
|
0
|
|
Pre-Tax Income |
313
N/A
|
296
-5%
|
276
-7%
|
254
-8%
|
261
+3%
|
269
+3%
|
263
-2%
|
266
+1%
|
274
+3%
|
259
-5%
|
261
+1%
|
265
+2%
|
299
+13%
|
309
+4%
|
322
+4%
|
320
-1%
|
332
+4%
|
334
+0%
|
352
+5%
|
367
+4%
|
362
-1%
|
392
+8%
|
376
-4%
|
355
-6%
|
337
-5%
|
252
-25%
|
136
-46%
|
130
-4%
|
106
-19%
|
144
+36%
|
250
+74%
|
279
+12%
|
258
-8%
|
272
+5%
|
(7)
N/A
|
(58)
-753%
|
11
N/A
|
(226)
N/A
|
(21)
+91%
|
(51)
-147%
|
14
N/A
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
(129)
|
(137)
|
(136)
|
(132)
|
(53)
|
36
|
40
|
41
|
(34)
|
(114)
|
(119)
|
(122)
|
(47)
|
(52)
|
(55)
|
(102)
|
(111)
|
(111)
|
(113)
|
(73)
|
(67)
|
51
|
53
|
60
|
63
|
(44)
|
(26)
|
(19)
|
(20)
|
(25)
|
(42)
|
(54)
|
(52)
|
(54)
|
(71)
|
(65)
|
4
|
(15)
|
11
|
22
|
(2)
|
|
Income from Continuing Operations |
184
|
159
|
139
|
122
|
208
|
305
|
304
|
308
|
241
|
145
|
142
|
144
|
252
|
257
|
267
|
218
|
221
|
223
|
239
|
294
|
295
|
443
|
429
|
415
|
400
|
208
|
110
|
111
|
86
|
119
|
208
|
225
|
206
|
218
|
(78)
|
(123)
|
15
|
(241)
|
(9)
|
(29)
|
13
|
|
Income to Minority Interest |
(0)
|
(0)
|
(0)
|
(0)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Net Income (Common) |
184
N/A
|
159
-14%
|
139
-12%
|
122
-13%
|
208
+71%
|
305
+46%
|
303
-1%
|
308
+1%
|
241
-22%
|
145
-40%
|
142
-2%
|
144
+1%
|
252
+75%
|
257
+2%
|
267
+4%
|
218
-18%
|
221
+2%
|
223
+1%
|
239
+7%
|
294
+23%
|
295
+0%
|
443
+50%
|
429
-3%
|
415
-3%
|
400
-4%
|
208
-48%
|
110
-47%
|
111
+1%
|
86
-23%
|
119
+38%
|
208
+75%
|
225
+8%
|
206
-8%
|
218
+6%
|
(78)
N/A
|
(123)
-58%
|
(176)
-43%
|
(580)
-231%
|
(347)
+40%
|
(367)
-6%
|
(326)
+11%
|
|
EPS (Diluted) |
1.37
N/A
|
1.16
-15%
|
1.03
-11%
|
0.9
-13%
|
1.54
+71%
|
2.29
+49%
|
2.24
-2%
|
2.31
+3%
|
1.8
-22%
|
1.08
-40%
|
1.05
-3%
|
1.06
+1%
|
1.86
+75%
|
1.89
+2%
|
1.96
+4%
|
1.59
-19%
|
1.61
+1%
|
1.62
+1%
|
1.73
+7%
|
2.13
+23%
|
2.14
+0%
|
3.2
+50%
|
3.1
-3%
|
3
-3%
|
2.89
-4%
|
1.5
-48%
|
0.79
-47%
|
0.8
+1%
|
0.62
-23%
|
0.86
+39%
|
1.51
+76%
|
1.63
+8%
|
1.49
-9%
|
1.58
+6%
|
-0.56
N/A
|
-0.89
-59%
|
-1.26
-42%
|
-4.19
-233%
|
-2.51
+40%
|
-2.66
-6%
|
-2.35
+12%
|