KONE Corporation - Company Profile
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KONE Corporation (KONE) is a manufacturer of elevators and escalators. Territorial presence, improved business performance of maintenance segment and strong services market strengthened its operations, even as decline in business performance of new equipment segment remains a cause for concern. Positive outlook for the global construction industry, new contracts, and growth initiatives could provide growth opportunities to the company. However, regulations, foreign exchange risks and stiff competition could affect its operations.
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