Brief: Kone Reports Q3 EBIT Of €339 MILLION, Below Estimate
BRIEF-Kone Reports Q3 EBIT Of €339 MILLION, Below Estimate Oct 28 (Reuters) - KONE Oyj KNEBV.HE:
Q3 EBIT EUR 339 MILLION VS. ESTIMATE EUR 358.4 MILLION
Q3 SALES EUR 2,906 MILLION VS. ESTIMATE EUR 2,950.7 MILLION
Q3 ADJUSTED EBIT MARGIN 12.7%
Q3 ORDERS EUR 2,292.9 MILLION VS. ESTIMATE EUR 2,288.7 MILLION
Q3 ADJUSTED EBIT EUR 369 MILLION VERSUS. ESTIMATE EUR 376.1 MILLION
EXPECTS ITS SALES TO GROW 4-6% AT COMPARABLE EXCHANGE RATES IN 2026 AND ITS ADJUSTED EBIT MARGIN TO BE IN RANGE OF 12.5-12.9%
ASSUMING FOREIGN EXCHANGE RATES REMAIN AT OCTOBER 2026 LEVEL, IMPACT OF FOREIGN EXCHANGE RATES ON ADJUSTED EBIT MARGIN WOULD BE LIMITED
Source text: ID:nWkr2qpjl6
Further company coverage: KNEBV.HE
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