Kone’s KNEBV sales came in at EUR 2.55 billion in the first quarter of 2023, a 5.9% organic and 4.7% reported increase. Orders received declined by 5.1% organically year on year, as the macroeconomic ...

Kone's Q3 results show strong performance in service and modernization businesses, but a soft market for new business solutions. The decline in the Chinese construction sector poses a risk to Kone's ...

Oct 25 (Reuters) - Finnish elevator and escalator maker Kone (KNEBV.HE), opens new tab reported on Wednesday better-than-expected new orders for the third quarter, boosted by strong momentum from its ...

Wide-moat Kone reported strong fourth-quarter results, with organic revenue growth of 5.1%, ahead of FactSet consensus, and order growth of 3.4% year on year. Weak Chinese demand for new equipment ...

Kone's Q3 financial results looked solid, with nice improvements in profitability. Looking at the different business segments of Kone reveals a picture of a company moving at two different velocities.

HELSINKI, Feb 2 (Reuters) - Reduced liquidity in the Chinese property sector and rising supply chain costs are expected to weigh on 2022 profits, elevator maker Kone (KNEBV.HE), opens new tab said on ...

Elevator maker Kone on Thursday lowered its sales and profit outlook for this year due to among other things weak second-quarter sales in China, which were hit by COVID-19 lockdowns. HELSINKI, July 14 ...