This discussions is about the Q1 2025 interim report for KONE, a company specializing in elevators, escalators, and automatic doors. It details the company's financial performance for the first three months of 2025, highlighting growth in orders and sales, particularly in Modernization and Service sectors, despite a decline in the New Building Solutions market, especially in China. The report also outlines profitability metrics, changes in the market outlook for 2025, and information on corporate governance, sustainability efforts, risks, and financial position. Overall, it paints a picture of a solid start to the year with strategic focus on key growth areas and operational efficiency.
KONE Q1 2025 Interim report link:
https://www.kone.com/en/investors/
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