Nokian Tyres -- which split off from the main Nokia corporation in 1995 -- boosted its outlook for the whole year's turnover and profits.
The company's profits for the April-to-June period tripled from a year earlier, to 60.9 million euros. Turnover also exceeded expectations, totalling over 260 million euros, about 36 percent better than in the second quarter of 2009.
Nokian Tyres attributed its upsurge in demand to overall economic recovery, better car sales, improved consumer confidence and "strong restocking by distributors".
Sales in the Nordic region grew by more than a quarter and shot up by more than 118 percent in Russia. However sales in North America dipped by more than one tenth.
Outotec Sags
The mining technology firm Outotec's second-quarter results did not meet analysts' forecasts. Underlying operating profit in the April-June period slipped by nearly one fifth compared to a year earlier.
Sales declined by six percent to 224 million euros, also falling short of forecasts. However the firm's orders were up more than threefold, far better than expected.
The company reiterated its forecast that this year's sales will grow to around a billion euros, up from 878 million euros last year.