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Kone Oyj Outlook 2024 Sales To Grow 0-4% (Previously 0-5%)



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July 19 (Reuters) -Kone Oyj KNEBV.HE:

  • OUTLOOK 2024 SALES: TO GROW 0-4% (PREVIOUSLY 0-5%)

  • OUTLOOK 2024 ADJUSTED EBIT MARGIN: 11.5%-12.2% (PREVIOUSLY 11.5%-12.3%)

  • NEGATIVE IMPACT OF FOREIGN EXCHANGE RATES ON ADJUSTED EBIT WOULD BE ABOUT EUR 10 MILLION

  • MARKET OUTLOOK 2024: NEW BUILDING SOLUTIONS MARKET, ACTIVITY IS EXPECTED TO BE STABLE BOTH IN NORTH AMERICA AND IN EUROPE

  • MARKET OUTLOOK 2024: CHINA, IS EXPECTED TO DECLINE OVER 10% IN UNITS AND PRICE PRESSURE TO CONTINUE

  • MARKET OUTLOOK 2024: SERVICE MARKETS TO GROW CLEARLY IN ASIA-PACIFIC, MIDDLE EAST AND AFRICA AND IN CHINA

Source text for Eikon: ID:nWkr1jdx1X

Further company coverage: KNEBV.HE


(Gdansk Newsroom)

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