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 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.

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 ...

Introduction & Market Context KONE Oyj (HEL:KNEBV) released its Q2 2025 financial results on July 18, 2025, showcasing resilient performance driven by strong Service and Modernization businesses ...

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) - ...

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 ...

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 ...

Sign up for our Metro US email newsletter to get news, updates, and local insights delivered straight to your inbox! HELSINKI (Reuters) – Elevator maker Kone posted ...

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 ...