Finnish Elevator Maker Kone Cuts 2022 Outlook After Weak China Sales

Finnish Elevator Maker Kone Cuts 2022 Outlook After Weak China Sales

HELSINKI (Reuters) – Elevator maker Kone on Thursday lowered its sales and profit outlook for this year due to among other things weak second-quarter sales in China, which were hit by COVID-19 lockdowns.

($1 = 0.9980 euros)

(Reporting by Essi Lehto, editing by Stine Jacobsen)