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Home BUSINESSKone posts positive results in Q2
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Wed, 20 Jul, 2016 12:05:29 AM
FTimes – STT Report, Jul 20
 
elevator and escalator company Kone headquartered in Espoo. Photo – Lehtikuva.
Increased orders propelled the second quarter results of elevator manufacturer Kone. The orders according to Kone grew in all other parts except China.
 
The company operating income amounted to approximately 349 million euros compared to ap-proximately 325 million euros in the corresponding second quarter of last year.
 
The net sales increased by 2.8 percent to almost 3 billion euros.
 
The president and the CEO of Kone revealed that the company's profitable sales growth contin-ued during the second quarter. However, orders grew in all other regions apart from China, where they declined significantly.
 
The company also lightly raised its outlook for the current year.
 
 
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