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Kone reports strong growth in orders

Finnish lift maker Kone the growth in orders received was 24% in January-March 2008, or 30% at comparable exchange rates. Orders received was strong in all geographical regions and totaled EUR 1,118 (1–3/2007: 902.1) million. At the end of March 2008, the order book was EUR 3,617 (Dec 31, 2007: 3,282) million.

Net sales increased by 12% to EUR 905.3 (811.2) million. At comparable exchange rates, the growth was 17%. Operating income was EUR 86.5 (69.3) million or 9.6% (8.5%) of net sales (1–3/2007 figures exclude an expense of EUR 142.0 million related to the European Commission's fine decision).



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