Markets

KONE Q3 Adj. EBIT Rises

October 23, 2025 — 02:49 am EDT

Written by RTTNews.com for RTTNews

(RTTNews) - KONE Corporation reported that its third quarter net income was 226.9 million euros, down 9.1% from prior year. Basic earnings per share was 0.43 euros compared to 0.48 euros. Adjusted EBIT was 340.7 million euros, an increase of 6.6% from prior year.

Sales grew by 0.3% to 2.76 billion euros. At comparable exchange rates, sales grew by 3.9%. Orders received grew by 3.0% to 2.14 billion euros. At comparable exchange rates, orders grew by 7.8%.

KONE expects its sales to grow 3-5% at comparable exchange rates in 2025. Adjusted EBIT margin is expected to be in the range of 11.9%-12.3%. The company previously expected its sales to grow 2-5% at comparable exchange rates in 2025. The improvement in adjusted EBIT margin was expected in the range of 11.8%-12.4%.

For more earnings news, earnings calendar, and earnings for stocks, visit rttnews.com.

RTTNews
Founded in the late 1990s by Andrew Mariathasan in New York, with the goal of covering Wall Street for a new generation of investors, RTTNews has expanded steadily over the years to become a trusted provider of content for a wide array of subjects across several platforms. RTT's Financial Newswire is relied upon by some of the world's largest financial institutions, including banks, brokerages, trading platforms and financial exchanges.
More articles by this source

Tags

Markets
Stocks Mentioned

Latest Articles
Data is currently not available