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 ...

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.

CEO Philippe Delorme highlighted the successful launch of KONE's new strategy, Rise, and emphasized its strong execution, ...

Two Chinese companies made the list, with Guangri Elevator ranking tenth for the third consecutive year (2023-2025). Its ...

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 ...