Kone Q3 2026 adjusted EBIT rises 8% to EUR 369 million
Bitget2026/10/28 06:48- Kone’s Q3 2026 adjusted EBIT rose 8% year over year to EUR 369 million.
- Sales climbed 5% to EUR 2.91 billion, while orders received increased 7% to EUR 2.29 billion.
- Cash flow from operations fell 22% to EUR 347.9 million, with cash generation affected by logistics-related inventory buildup.
- Preparations for the combination with TKE progressed according to plan, with six merger-control clearances received.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Silver Price Forecast: XAG/USD trades flat around $53 ahead of US inflation data
Swiss Franc holds ground as US Dollar consolidates ahead of CPI inflation data
Net profit surges fivefold but masks decline in core business; crypto mining companies' shift to AI poses hidden risks
Marathon Holdings' Q3 net profit reached $632 million, up 413% year-on-year. However, its mining revenue declined by 35%. The company relied on selling 13,500 BTC to pay off debts and is now betting on AI infrastructure, increasing the risk of an imbalanced profit structure.
Lithium-For-Earth Raises KRW 1.32 Billion in Private Placement
Crypto prices
More
