The guidance for Nokian Tyres has been revised downward, and Q3 was not in any way flattering. The earnings warning certainly did not warm anyone’s hearts, but I assume that, in the case of this company, the focus is on the longer-term future.
Of course, the waiting period is long, and a lot can happen in the meantime. However, if the Romanian factory starts as hoped, I would imagine this to be an excellent investment. But, as I mentioned, one must still be patient, and if the waiting period is long, it also means increased risk.
Well… and in North America too, many positive things can happen during the time we are waiting for the completion of the Romanian factory. 