HELSINKI - Finland's Kone reported an expected rise in third-quarter profit on Thursday as demand for elevators and escalators "developed extremely well" in China.
Kone's quarterly operating profit of 333.1 million euros ($394 million) versus the 329.3 million expected by analysts, Refinitiv Eikon data showed.
A month ago Kone raised its 2020 outlook citing better-than-expected development in Q3 sales and adjusted EBIT.
($1 = 0.8447 euros)
(Reporting by Anne Kauranen; editing by Jason Neely) ((firstname.lastname@example.org; +358925166112;))