Elevator maker Kone profit beats forecast, sees China recovery – ZAWYA

Elevator maker Kone profit beats forecast, sees China recovery – ZAWYA

elevator maker kone profit beats forecast, sees china recovery orders received continued to develop very positively in china and in some european countries    kone brings a human touch to 24/7 connected services with the world's first tweeting escalator image used for illustrative purpose. finland-based engineering firm kone reported a surprise rise in second-quarter profit on friday helped by recovering demand for elevators and escalators in china.kone's operating profit of 315.5 million euros (360 million) topped the 246.8 million expected by analysts, refinitiv eikon data showed."in the second quarter, we had a strong performance in a very challenging environment," chief executive henrik ehrnrooth said in a statement.kone's operating profit of 315.5 million euros (360 million) topped the 246.8 million expected by analysts, refinitiv eikon data showed.finland-based engineering firm kone reported a surprise rise in second-quarter profit on friday helped by recovering demand for elevators and escalators in china."in the second quarter, we had a strong performance in a very challenging environment," chief executive henrik ehrnrooth said in a statement.kone said its new orders fell 9.4% from a year earlier."orders received continued to develop very positively in china and in some european countries, while orders received in the rest of the