Nokian Panimo: Solid across the board - Evli
This is a third party research report and does not necessarily reflect our views or values
Nokian Panimo's H2 report was roughly in line with our estimates at the top line and EBITDA level, but beat expectations at the bottom. Market share gains continued across all beverage categories despite difficult market conditions, with other beverages remaining the key growth driver while beer volumes also returned to growth.