earnings

Schindler Cuts Revenue Guidance Due to China Market

Schindler recently announced that it has cut its revenue guidance for the year, citing a slowdown in its key China market, which the Swiss elevator and escalator manufacturer expects to...

KONE Lowers Outlook Due to China Market

Elevator maker KONE has lowered its sales and profit outlook for this year due to lower-than-expected second quarter sales and a weakened new equipment market outlook in China, Yahoo Finance...

Alimak Group Releases 2021 Annual, Sustainability Report

Alimak Group AB, the Stockholm, Sweden-based provider of rack-and-pinion vertical-transportation systems, construction hoists and more, released its Annual and Sustainability Report 2021 on March 18. President and CEO Ole Kristian...