Nokian Tyres focuses on cost control and cash flow
Mumbai, Sept. 9 -- In its short-term targets, Nokian Tyres will control cost and prioritize cash flow.
Nokian Tyres CEO Jukka Moisio
Nokian Tyres CEO Jukka Moisio said, "We will continue to provide our customers and consumers with world-class products and services, while at the same time keeping costs under strict control. We will prioritize cash flow by cutting back investments and actively managing working capital."
"In this volatile market environment, our focus in the second half of 2020 is tactical. A more thorough review of our longer-term growth strategy will take place once the market has stabilized."
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