Nexen Tire has logged its highest-ever quarterly revenue for the second time in a row, with April–June 2025 sales up 12 % year-on-year to ₩804.7 billion (about £474 million). The growth reflects fresh capacity at the firm’s Žatec, Czechia plant and a rebound in US retail channels, highlighting how the tyre maker is manoeuvring through lingering global auto-sector uncertainty.
Lower ocean freight costs helped offset higher natural-rubber and synthetic feedstock prices that lingered from late 2024. With raw-material indices easing since Q1 2025, Nexen expects second-half margins to improve.
“Despite persistent macroeconomic challenges, Nexen Tire achieved record-breaking sales for two consecutive quarters by maintaining balanced growth across both OE and RE segments,”
John Bosco (Hyeon Suk) Kim, CEO, Nexen Tire.
Tagged with: Nexen Tire, Q2 2025 results, Czech plant, record revenue, operating profit, OE tyre supply, replacement tyre market, US tariffs, tyre manufacturing
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