Kone Q2 Adj. EBIT In Line With Consensus
July 18 (Reuters) - Kone Oyj KNEBV.HE:
KONE Q2 EBIT EUR 338 MILLION
KONE Q2 ORDERS EUR 2,316.2 MILLION VERSUS. ESTIMATE EUR 2,351.6 MILLION
KONE Q2 SALES EUR 2,850.1 MILLION VERSUS. ESTIMATE EUR 2,832.3 MILLION
KONE Q2 ADJUSTED EBIT EUR 347.2 MILLION VERSUS. ESTIMATE EUR 346.9 MILLION
KONE Q2 ADJUSTED EBIT MARGIN 12.2%
KONE OUTLOOK FY ADJUSTED EBIT MARGIN 11.8-12.4%
EXPECTS ITS SALES TO GROW 2-5% AT COMPARABLE EXCHANGE RATES IN 2025
Q2 CASH FLOW FROM OPERATIONS (BEFORE FINANCING ITEMS AND TAXES) WAS EUR 364.4 (312.6) MILLION
ACTIVITY IN NEW BUILDING SOLUTIONS MARKET IS EXPECTED TO VARY REGIONALLY IN 2025
MARKET IS EXPECTED TO BE STABLE IN NORTH AMERICA
IN EUROPE, ACTIVITY IS EXPECTED TO GROW SLIGHTLY
IN ASIA-PACIFIC, MIDDLE EAST AND AFRICA, ACTIVITY IS EXPECTED TO GROW CLEARLY
IN CHINA, MARKET IS EXPECTED TO DECLINE SIGNIFICANTLY
MODERNIZATION MARKETS ARE EXPECTED TO GROW IN ALL REGIONS
SERVICE MARKETS ARE EXPECTED TO GROW CLEARLY IN ASIA-PACIFIC, MIDDLE EAST AND AFRICA AND GROW SLIGHTLY IN OTHER REGIONS
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