Kone Corp. Q2 Income Rises

Kone Corp. (KNYJF.PK) released a profit for its second quarter that increased from the same period last year

The company's earnings totaled Euro258.6 million, or Euro0.50 per share. This compares with Euro223.1 million, or Euro0.43 per share, in last year's second quarter.

The company's revenue for the quarter fell 1.2% to Euro2.801 billion from Euro2.835 billion last year.

Kone Corp. earnings at a glance (GAAP) :

-Earnings (Q2): Euro258.6 Mln. vs. Euro223.1 Mln. last year.
-EPS (Q2): Euro0.50 vs. Euro0.43 last year.
-Revenue (Q2): Euro2.801 Bln vs. Euro2.835 Bln last year.

-Guidance:
Full year revenue guidance: Sales to grow 0%to4%

by RTTNews Staff Writer

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