Nokian Renkaat Oyj (NKRKY) Q2 2026 Earnings Call Transcript

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 go ahead. Paolo Pompei President & CEO 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 enhanced pricing. We are going to comment a very good quarter, I would say, in 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 on the business unit performance as well as the cash flow and the financial position. And then we will close the call with the assumption and guidance. And then finally, we will have our Q&A. Moving to Slide #3, quarterly highlights and moving to Slide #4. Before to start, we would like to highlight 2 important recognitions that we