Elevator maker Kone sees flat or slightly higher sales in 2024 By Reuters

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© Reuters. Logo is displayed in an elevator at the KONE Academy of Finish elevators and escalators manufacturer KONE in Hanover, Germany, February 6, 2020. REUTERS/Fabian Bimmer

(Reuters) – Finnish elevator and escalator maker Kone missed annual sales expectations on Friday and said it expected 2024 sales to be stable or to grow slightly from last year’s level at comparable exchange rates.

It reported 2023 sales of 10.95 billion euros ($11.86 billion), below analysts’ estimate of 11.01 billion euros in a poll provided by the company.

($1 = 0.9233 euros)

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© Reuters. Logo is displayed in an elevator at the KONE Academy of Finish elevators and escalators manufacturer KONE in Hanover, Germany, February 6, 2020. REUTERS/Fabian Bimmer

(Reuters) – Finnish elevator and escalator maker Kone missed annual sales expectations on Friday and said it expected 2024 sales to be stable or to grow slightly from last year’s level at comparable exchange rates.

It reported 2023 sales of 10.95 billion euros ($11.86 billion), below analysts’ estimate of 11.01 billion euros in a poll provided by the company.

($1 = 0.9233 euros)

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