Kone outperformed in some of its markets, but fell victim to weak trends in some of its other markets. China and Europe weren't strong, but across the businesses there was at least strength in the ...

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 outlined its newly minted group strategy—for the approaching six-year period of 2025-30—at its 2024 capital markets day. Kone’s refreshed strategy strikes us as sensible in light of key changes ...

Q2 order intake down 12.8% to 2.28 billion euros Analysts had on average forecast 2.42 billion Expects China new equipment orders to decline 10%-15% this year Shares down 4% July 20 (Reuters) - ...

KONE’s Q2 2025 results demonstrate the company’s resilience in navigating challenging market conditions, particularly in China. The strategic shift toward Service and Modernization businesses is ...

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 (Reuters) -Reduced liquidity in the Chinese property sector and rising supply chain costs are expected to weigh on 2022 profits, elevator maker Kone said on Wednesday, as it reported a ...

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 ...

HELSINKI, July 14 (Reuters) - Elevator maker Kone KNEBV.HE on Thursday lowered its sales and profit outlook for this year due to lower-than-expected second quarter sales and weakened new equipment ...

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 ...