KONE Oyj lowered its earnings guidance for 2022. For the period the company expects its sales growth in 2022 to be in the range of -1% to +3% at comparable exchange rates as compared to 2021. Foreign exchange rates are estimated to impact EBIT positively by around EUR 80 million.

Previous business outlook for 2022: the company estimated that in 2022, its sales growth will be in the range of 2% to 5% at comparable exchange rates as compared to 2021. Foreign exchange rates are estimated to impact EBIT positively by around EUR 70 million.