Finland’s Nokian Tyres reports Q2 operating profit

Finland’s Nokian Tyres on Friday posted an operating profit of 9.5 million euros ($10.57 million) in the second quarter to end June, and stood by its guidance for the full year.

The second-quarter earnings compared to a year-earlier profit of 46.9 million euros, adjusted from an initially reported loss due to the impact of the company’s exit from its Russian business.

($1 = 0.8991 euros)