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Kone Reports Q4 Earnings Boost, Projects Sales Growth

Investing.com •
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Elevator and escalator manufacturer Kone reported positive Q4 results, with a 6.3% increase in orders received, reaching €2.25 billion. Strong performance in the Service and Modernization sectors contributed to this growth. Despite a slight dip in sales, profitability improved, lifting the EBIT margin to 13.1%.

This positive trend signals a recovery in the construction and infrastructure markets.