STOCKHOLM (Reuters) - Elevator maker Kone (KNEBV.HE) said on Thursday its order bookings in China were growing again, though it still faced price pressures in the world's biggest elevator market. Soft ...

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 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 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 ...