UPDATE 1-N.Renkaat Q3 profit tops fcasts, outlook gloomy

Newswire

* Q3 EBIT tops expectations * Sees weaker Q4 yr/yr, plans broad temporary layoffs * says raw material prices to peak in Q4 (Adds details, wraps separate) HELSINKI, Oct 31 (Reuters) - Finnish tyre maker Nokian Renkaat reported forecast-topping results on Friday but warned of weaker earnings to come as the financial crisis has hurt consumer confidence and demand for new cars. "The outlook for the rest of the year has weakened due to the financial crisis," Chief Executive Kim Gran ...

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