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KONE Oyj (KNYJY)

Other OTC - Other OTC Delayed price. Currency in USD

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24.24

+0.62

(+2.64%)

At close: 03:46PM EDT

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Reuters
Elevator maker Kone's third-quarter orders beat expectations on strong China
Kone's orders received fell by 7.7% to 1.99 billion euros ($2.10 billion) in the quarter, but that slightly beat analysts' estimate of 1.98 billion euros in a company-provided poll. At comparable exchange rates, the orders were up 0.3%. "Orders received were stable, which I consider a good achievement given the soft overall New Business Solutions market," CEO Henrik Ehrnrooth said in an earnings statement.