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’s 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 ...

Credence Research announces the publication of its latest global study on the Elevator and Escalator Market, highlighting steady growth driven by rapid urbanization, infrastructure upgrades, and the ...

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 ...

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

The "U.S. Elevator and Escalator Market - Size & Growth Forecast 2025-2030" report has been added to ResearchAndMarkets.com's offering. The U.S. Elevator and Escalator Market was sized at 37,026 units ...

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 ...

Quad-City developer Rodney Blackwell is selling both the former Kone building and elevator tower in downtown Moline as well as most of the new $40 million Kone Centre his company built and opened in ...

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) - ...

MOLINE -- Kone Inc. has acquired the service assets of Staley Elevator Co., Inc. and the Morris & Wallace Elevator Co., the company announced Monday. Dennis Gerard, senior vice president of the ...