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Finnish elevator maker Kone cuts 2022 outlook after weak China sales

07/14/2022

Less than a minute

2022.07.14 09:07

Finnish elevator maker Kone cuts 2022 outlook after weak China sales
FILE PHOTO: An escalator is seen at the KONE Academy of Finnish elevators and escalators manufacturer KONE in Hanover, Germany, February 6, 2020. REUTERS/Fabian Bimmer

HELSINKI (Reuters) – Elevator maker Kone on Thursday lowered its sales and profit outlook for this year due to among other things weak second-quarter sales in China, which were hit by COVID-19 lockdowns.

($1 = 0.9980 euros)

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07/14/2022

Less than a minute