KONE and UPM-Kymmene Report Higher Third-Quarter Profits
Finland's KONE lifted third-quarter profit to EUR268.3 million and UPM-Kymmene to EUR79 million, according to TradingView citing RTTNews and dpa-AFX.
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what happened
Finland's KONE Oyj earned EUR268.3 million, or EUR0.52 per share, in the third quarter, up from EUR224.4 million, or EUR0.43 per share, a year earlier. Revenue rose 5.2% to EUR2.906 billion from EUR2.762 billion. The company expects its sales to grow 4-6% in 2026 at comparable exchange rates.
Another Finnish group, UPM-Kymmene Oyj, reported third-quarter earnings of EUR79 million, or EUR0.15 per share, compared with EUR16 million, or EUR0.03 per share, last year. Excluding items, adjusted earnings were EUR104 million, or EUR0.19 per share. Revenue fell 1.1% to EUR2.202 billion from EUR2.226 billion.
The figures were reported by TradingView, citing RTTNews and dpa-AFX.
why it matters
For markets, this is mainly corporate earnings news. KONE's profit growth alongside an unchanged sales outlook matters for investors in the elevator sector, while UPM's higher profit on lower revenue points to better margins. Without share price data, the market reaction cannot be judged from these reports.
market impact
KONE and UPM-Kymmene shares: higher third-quarter profits support investor interest in both companies.
tags
instruments
sources
- KONE Oyj Profit Advances In Q3 — TradingView, 28 October 2026 at 07:20 UTC
- UPM-Kymmene Oyj Profit Advances In Q3 — TradingView, 28 October 2026 at 08:14 UTC
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