Finland's Nokian Q3 profit beats market forecasts

Credit: REUTERS/Ilya Naymushin

Finnish tyre maker Nokian posted third-quarter earnings ahead of market expectations on Tuesday and said it was still refraining from giving full-year guidance.

STOCKHOLM, Oct 27 (Reuters) - Finnish tyre maker Nokian TYRES.HE posted third-quarter earnings ahead of market expectations on Tuesday and said it was still refraining from giving full-year guidance.

The rival of Michelin MICP.PA and Continental CONG.DE reported a 62.3 million euro ($73.6 million) operating profit, down from 67.5 million a year earlier but beating the 43.9 million mean analysts' forecast according to data from Refinitiv.

($1 = 0.8461 euros)

(Reporting by Helena Soderpalm; editing by Niklas Pollard)

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