Nokian Renkaat says sees weaker Q1 yr/yr, not H1

Newswire

HELSINKI, March 26 (Reuters) - Finnish tyre maker Nokian Renkaat on Thursday corrected its outlook for early 2009, saying first-quarter net sales and operating profit would be clearly weaker year-on-year. The firm said it made the statement due to "contradictory information" given in materials after its result in February. Its release called for the first quarter to be clearly weaker, but slides said the outlook was for the first half. "We have not given guidance on the second quarter," a ...

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