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 ...
HELSINKI (Reuters) - Kone reported a smaller than expected 10% fall in first-quarter profit on Wednesday, with demand for its elevators and services strong in many countries despite the coronavirus ...
KONE has started 2023 on a positive note, largely due to the resilience of its service business. But its outsized China real estate exposure is a concern, particularly with macro data continuing to ...
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 ...
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) - ...
(MENAFN- GlobeNewsWire - Nasdaq) The China Elevator & Escalator Market is poised for growth, driven by rapid urbanization, infrastructure development, and high-rise construction. Key opportunities ...
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 ...
Dublin, Nov. 24, 2025 (GLOBE NEWSWIRE) -- The "China Elevator & Escalator Market, By Region, Competition, Forecast & Opportunities, 2020-2030F" report has been added to ResearchAndMarkets.com's ...