STOCKHOLM (Reuters) - Elevator maker Kone 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 demand and ...
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 ...
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 ...
The China Elevator & Escalator Market is poised for growth, driven by rapid urbanization, infrastructure development, and ...
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 ...