Inside information: KONE lowers its full year sales and adjusted EBIT outlook and provides preliminary key figures for the third quarter
KONE Corporation, inside information, October 14, 2022 at 8.30 am EEST Inside information: KONE lowers its full year sales and adjusted EBIT outlook and provides preliminary key figures for the third quarter KONE’s services business continued its strong development in the third quarter and new equipment demand and pricing outside China developed in line with expectations. However, the market environment in China has deteriorated further due to liquidity constraints significantly impacting construction activity. COVID-19 restrictions are also increasing uncertainty. At comparable