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Kone Oyj (KNEBV.HE)

KNEBV.HE on Helsinki Stock Exchange

42.54EUR
23 May 2018
Change (% chg)

€-0.38 (-0.89%)
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€42.92
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575,608
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Wed, Apr 25 2018

Elevator maker Kone posts first quarter profit down 11 percent year-on-year

HELSINKI Elevator maker Kone reported on Wednesday falling quarterly profits, citing price pressure in China, higher raw material prices and unfavorable foreign exchange rates.

Thyssenkrupp not in talks with Kone over elevator business: CFO

FRANKFURT Thyssenkrupp is not in talks with Finland's Kone about its elevator business, Thyssenkrupp's Chief Financial Officer Guido Kerkhoff told journalists on Wednesday after the group published first-quarter results.

Thyssenkrupp not in talks with Kone over elevator business - CFO

FRANKFURT, Feb 14 Thyssenkrupp is not in talks with Finland's Kone about its elevator business, Thyssenkrupp's Chief Financial Officer Guido Kerkhoff told journalists on Wednesday after the group published first-quarter results.

Finnish elevator maker Kone is looking for acquisitions -CEO

HELSINKI, Jan 25 Finland's Kone is looking for acquisitions as it hopes the elevator industry to consolidate further, its chief executive Henrik Ehrnrooth said on Thursday.

Elevator maker Kone raised prices in China: CEO

HELSINKI Finnish elevator maker Kone's fourth-quarter new equipment orders in China were flat in unit terms but increased around 7 percent year-on-year in monetary value thanks to price increases, its chief executive said on Thursday.

Elevator maker Kone raised prices in China - CEO

HELSINKI, Jan 25 Finnish elevator maker Kone's fourth-quarter new equipment orders in China were flat in unit terms but increased around 7 percent year-on-year in monetary value thanks to price increases, its chief executive said on Thursday.

UPDATE 1-Elevator maker Kone expects China to hit 2018 profitability

HELSINKI, Jan 12 Elevator maker Kone reported its first fall in annual profit in a decade on Friday and said tough competition in China and increased raw material costs meant pressure on profitability would continue in 2018, knocking its shares.

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