Kone

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Reuters - Hace 2 semanas

European companies cut jobs as economy sputters

FACTBOX-European companies cut jobs as economy sputters Adds BT in tech section May 18 (Reuters) - Decades-high inflation and the impact of war in Ukraine have forced companies across Europe into lay-offs or hiring freezes. Here are some of the companies that have announced cuts since January: AUTOS * VOLVO VOLVb.ST : the Swedish group said in March it would restructure its European bus-making operation, leading to a reduction of 1,600 jobs.

Reuters - Hace 1 mes

Elevator maker Kone hikes outlook as Q1 profit, orders beat forecasts

UPDATE 2-Elevator maker Kone hikes outlook as Q1 profit, orders beat forecasts Adds orders, share move, details April 26 (Reuters) - Finnish elevator maker Kone KNEBV.HE raised its 2023 sales outlook on Wednesday after its first-quarter profit beat market expectations supported by strong demand in its modernization business. Kone shares traded around 4% higher at 1041 GMT.

Reuters - Hace 1 mes

Kone Expects Adj EBIT Margin To Recover Due Improved Order Margins

BRIEF-Kone Expects Adj EBIT Margin To Recover Due Improved Order Margins April 26 (Reuters) - Kone Oyj KNEBV.HE : INTERIM REPORT OF KONE CORPORATION FOR JANUARY-MARCH 2023 EXPECTS ITS SALES AT COMPARABLE EXCHANGE RATES FOR YEAR 2023 TO BE SOMEWHAT ABOVE PREVIOUS YEAR ADJUSTED EBIT MARGIN IS EXPECTED TO START TO RECOVER DUE TO IMPROVED MARGINS ON OR

Reuters - Hace 1 mes

Elevator maker Kone beats Q1 profit expectations

Elevator maker Kone beats Q1 profit expectations April 26 (Reuters) - Finnish elevator maker Kone KNEBV.HE on Wednesday reported better-than-expected first-quarter operating earnings, citing sales growth and solid order momentum against a tough market backdrop. Its adjusted operating profit rose 23.1% to 241.9 million euros ($267.18 million) in the quarter, ahead of analysts' estimate of 221.6 million euros in a company-provided poll.

Reuters - Hace 2 meses

Kone Equips Phase Three Of Airport Expansion In China

BRIEF-Kone Equips Phase Three Of Airport Expansion In China March 29 (Reuters) - Kone Oyj KNEBV.HE : TO EQUIP PHASE THREE OF XI 'AN XIANYANG INTERNATIONAL AIRPORT EXPANSION HAS WON ORDER TO SUPPLY SUITE OF PEOPLE FLOW SOLUTIONS, INCLUDING 206 KONE ELEVATORS, FOR XI'AN XIANYANG INTERNATIONAL AIRPORT IN CHINA DELIVERY INCLUDES 163 MONOSPACE ELEVATORS

Reuters - Hace 2 meses

U.S. imposes fresh sanctions on Myanmar, targets jet fuel suppliers

UPDATE 2-U.S. imposes fresh sanctions on Myanmar, targets jet fuel suppliers Adds details, background By Daphne Psaledakis and Simon Lewis WASHINGTON, March 24 (Reuters) - The United States on Friday announced further sanctions against Myanmar, targeting the supply of jet fuel to Myanmar's military following air strikes in civilian populated areas, the U.S.

Reuters - Hace 2 meses

European companies cut jobs as economy sputters

FACTBOX-European companies cut jobs as economy sputters Adds Volvo, Vodafone, Nokia, and Deutsche Bank May 5 (Reuters) - Decades-high inflation and the impact of war in Ukraine have forced companies across Europe into lay-offs or hiring freezes. Here are some of the companies that have announced cuts since January: AUTOS * STELLANTIS STLA.MI : the carmaker agreed with unions in February to cut up to 2,000 workers from its Italian operations through voluntary redundancies.

Reuters - Hace 4 meses

Key Finnish industries resolve wage disputes

Key Finnish industries resolve wage disputes HELSINKI, Feb 5 (Reuters) - Wage disputes in the Finnish technology and chemicals industries have been resolved, ending the risk of labour strikes that were due to begin next week, employers and a workers' union said on Sunday. Last week, more than 7,000 workers of industries that included stainless steelmaker Outokumpu OUT1V.HE went on a three-day strike which was meant to expand to more than 10,000 industrial employees of companies such as Kone KNEB

Reuters - Hace 4 meses

Cogelec Collaborates With Kone On New Connected Solutions In Apartment Buildings

BRIEF-Cogelec Collaborates With Kone On New Connected Solutions In Apartment Buildings Feb 1 (Reuters) - Cogelec SA ALLEC.PA : COGELEC ANNOUNCES A COLLABORATION AGREEMENT WITH KONE TO DEVELOP NEW CONNECTED SOLUTIONS IN APARTMENT BUILDINGS Source text: https://bit.ly/3Y65Cug Further company coverage: ALLEC.PA (Gdansk Newsroom)

Reuters - Hace 4 meses

Several Finnish unions plan strikes in February over wage disputes

Several Finnish unions plan strikes in February over wage disputes HELSINKI, Jan 27 (Reuters) - A key union of Finnish industrial workers said on Friday it had rejected a settlement proposal in its wage dispute with employers, firming up plans that several unions will go on strike in February. High inflation and an uncertain economic outlook have stalled the ongoing round of negotiations between employee unions and employer organisations in Finland where wages are determined in national collecti

Reuters - Hace 4 meses

Kone Expects Adj EBIT Margin To Begin Recovery in 2023

BRIEF-Kone Expects Adj EBIT Margin To Begin Recovery in 2023 Jan 26 (Reuters) - Kone Oyj KNEBV.HE : Q4 SALES EUR 2,911.5 MILLION VERSUS PRELIM EUR 2,766.8 MILLION SEEN IN VARA CONSENSUS KONE EXPECTS ITS SALES AT COMPARABLE EXCHANGE RATES FOR YEAR 2023 TO BE AT A SIMILAR LEVEL AS IN PREVIOUS YEAR OUTLOOK 2023 ADJUSTED EBIT MARGIN IS EXPECTED TO STAR

Reuters - Hace 4 meses

Elevator-maker Kone to axe 1,000 jobs, sees recovery in Asia

UPDATE 3-Elevator-maker Kone to axe 1,000 jobs, sees recovery in Asia Adds CEO, CFO comments, dividend By Anne Kauranen HELSINKI, Jan 26 (Reuters) - Finnish elevator-maker Kone KNEBV.HE said on Thursday it would slash up to 1,000 jobs globally to cut costs and it expects demand to pick up in its main market China and elsewhere in Asia this year. The cuts will be part of an organisational restructuring and will save 100 million euros annually from the beginning of next year, the company said, wit

Reuters - Hace 4 meses

Elevator-maker Kone to slash 1,000 jobs, beats Q4 profit expectations

CORRECTED-UPDATE 1-Elevator-maker Kone to slash 1,000 jobs, beats Q4 profit expectations Corrects to read October-December (not January-March), paragraph 2 HELSINKI, Jan 26 (Reuters) - Finnish elevator-maker Kone KNEBV.HE posted stronger-than-expected fourth-quarter core earnings on Thursday and said it would slash some 1,000 jobs globally as part of its organisational restructuring.

Reuters - Hace 4 meses

Kone Plans To Renew Its Operating Model

BRIEF-Kone Plans To Renew Its Operating Model Jan 26 (Reuters) - Kone Oyj KNEBV.HE : INSIDE INFORMATION: KONE PLANS TO RENEW ITS OPERATING MODEL TO STRENGTHEN ITS COMPETITIVENESS AND CUSTOMER FOCUS IN A CHANGING OPERATING ENVIRONMENT KONE OYJ - TARGET IS TO DRIVE KONE'S STRATEGY FORWARD WITH GREATER SPEED AND EFFICIENCY AND OPERATE MORE CLOSELY WITH CUSTOMERS, THROUGH STRONGER GEOGRAPHIC AREAS.

Reuters - Hace 4 meses

Elevator-maker Kone to cut 1,000 jobs globally to cut costs

Elevator-maker Kone to cut 1,000 jobs globally to cut costs HELSINKI, Jan 26 (Reuters) - Finnish elevator-maker Kone KNEBV.HE said on Thursday it would cut around 1,000 jobs globally, 150 of them in Finland, in order to obtain annual savings of around 100 million euros ($109 million). ($1 = 0.9179 euros) Reporting by Anne Kauranen, editing by Terje

Reuters - Hace 4 meses

Nordic bidding war is tricky model for LBO revival

BREAKINGVIEWS-Nordic bidding war is tricky model for LBO revival The author is a Reuters Breakingviews columnist. The opinions expressed are her own. By Pamela Barbaglia LONDON, Jan 25 (Reuters Breakingviews) - Bain Capital and Triton are breathing a little life into Europe’s sluggish buyout market. The two private equity shops are locked in a battle for Finnish property services firm Caverion CAV1V.HE .

Reuters - Hace 4 meses

Nordic corporate earnings week ahead

DIARY-Nordic corporate earnings week ahead Jan 20 (Reuters) - Diary of Nordic (OMXS30-SK, OBX-OS, OMXHPI-HE, OMXC20) corporate earnings for the week ahead NORDIC EARNINGS Start Date Start Time(GMT) RIC Company Name Event Name 26-Jan-2023 07:00 PGS.OL PGS ASA Q4 2022 PGS ASA Earnings Release Start Date Start Time(GMT) RIC Company Name Event Name 26-Jan-2023 NTS ESSITYb.ST Essity AB (publ) Q4 2022 Essity AB (publ) Earnings Release 26-Jan-2023 NTS ATCOa.ST Atlas Copco AB Q4 2022 Atlas Copco AB Earn

Reuters - Hace 4 meses

Kone Gets Order For New Hagastaden Metro Station In Stockholm

BRIEF-Kone Gets Order For New Hagastaden Metro Station In Stockholm Jan 19 (Reuters) - Kone Oyj KNEBV.HE : RECEIVES ORDER FOR NEW HAGASTADEN METRO STATION IN STOCKHOLM KONE HAS ENTERED INTO AGREEMENT WITH NCC SWEDEN TO ACT AS SUBCONTRACTOR, SUPPLIER OF PEOPLE FLOW SOLUTIONS FOR NEW HAGASTADEN METRO STATION IN STOCKHOLM DELIVERY INCLUDES 11 ESCALATO

Reuters - Hace 4 meses

S&P 500 ends down: Uh-oh moment, or just momentary pullback?

LIVE MARKETS-S&P 500 ends down: Uh-oh moment, or just momentary pullback? Main U.S. stock indexes all end down >1% All S&P 500 sectors fall: staples weakest group Dollar ~flat; gold, crude, bitcoin decline U.S. 10-Year Treasury yield slides to ~3.37%, >4-month low Welcome to the home for real-time coverage of markets brought to you by Reuters reporters.

Reuters - Hace 4 meses

Semis 'n software intrigue Nuveen

LIVE MARKETS-Semis 'n software intrigue Nuveen Main U.S. stock indexes all down >1% All S&P 500 sectors lower: staples weakest group Dollar ~flat; gold, crude, bitcoin decline U.S. 10-Year Treasury yield slides to ~3.40% Welcome to the home for real-time coverage of markets brought to you by Reuters reporters. You can share your thoughts with us at markets.research@thomsonreuters.com SEMIS 'N SOFTWARE INTRIGUE NUVEEN (1315 EST/1815 GMT) Revenues and margins may be the most important metrics to f

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