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.

LISLE, Ill., September 04, 2024--(BUSINESS WIRE)--KONE, a global leader in the elevator and escalator industry, has acquired Capitol Elevator, a Sacramento, California-based elevator service business.

While KONE had been a recognized leader in constructing new elevators, they faced an uphill battle in terms of how to generate excitement and promote a new segment of its service business. In ...

At a time of uncertainty among investors and business leaders about China’s growth prospects, Finnish elevator giant Kone’s country chief has his own time-tested approach to sizing up the future of ...

Investors warmed to Kone’s resilient first-quarter result, with the Kone share price responding positively to constant-currency new order growth of 1.6% in spite of challenging conditions within new ...

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 ...

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 ...

Finnish elevator and escalator manufacturer KONE Oyj (HE:KNEBV) presented its Q1 2025 interim report on April 30, 2025, highlighting solid performance driven by strong Service and Modernization ...

KONE Oyj (HEL:KNEBV) reported solid third-quarter 2025 results on October 23, showcasing resilience in its business model despite significant challenges in the Chinese market. The company’s stock ...

enrik Ehrnrooth stands at the back left corner of an elevator at the Mandarin Oriental Hotel in New York City, where he’s been staying during a visit to the U.S. A rider feels an elevator’s vibrations ...