Company Kone Oyj

Company Kone Oyj

KNEBV

FI0009013403

Heavy Electrical Equipment

Analysts' Consensus

Equities

KNEBV

FI0009013403

Heavy Electrical Equipment

Analysts' Consensus

Business Summary

Sales per Business

Sales per region

Managers

Members of the board

Share class

Shareholders

Holdings

Company contact information

Group companies

Sector

Sales per Business

Sales per region

Ratings for Kone Oyj

EPS Revisions

Quarterly earnings - Rate of surprise

Sector Elevator & Conveying Equipment

Business Summary

Sales per Business

Sales per region

Managers

Members of the board

Share class

Shareholders

Holdings

Company contact information

Group companies

Sector

Sales per Business

Sales per region

Ratings for Kone Oyj

EPS Revisions

Quarterly earnings - Rate of surprise

Sector Elevator & Conveying Equipment

Market Closed - Nasdaq Helsinki Other stock markets 11:29:32 2023-12-05 am EST			After market 04:00:00 pm
40.42 ^EUR	-0.30%		40.44	+0.04%

Dec. 04	Ivory Coast rains, sun to boost cocoa crop -farmers	RE
Nov. 29	Investors spy value in cheap Finnish stocks after China and Russia pain	RE

Kone Oyj is one of the world's leading manufacturers of elevators, escalators and automatic doors. The group also offers equipment installation, updating, and maintenance services. Net sales break down by activity as follows:

- installation, modernization, and maintenance services (50.5%);

- sale of equipment (49.5%): automatic doors, elevators, escalators and moving walkways.

At the end of 2022, the group had 9 production sites located in Europe (3), Asia (3) and America (3).

Net sales are distributed geographically as follows: Europe/Middle East/Africa (38.9%), Asia/Pacific (40.6%) and Americas (20.5%).

Number of employees : 63,322

EUR in Million	2021	Weight	2022	Weight	Delta
New Equipment 49.5 %	5,638	53.6 %	5,399	49.5 %	-4.23%
Services - Maintenance 35.7 %	3,451	32.8 %	3,890	35.7 %	+12.75%
Services - Modernization 14.8 %	1,426	13.6 %	1,617	14.8 %	+13.40%

EUR in Million	2021	Weight	2022	Weight	Delta
China 31.0 %	3,680	35.0 %	3,381	31.0 %	-8.12%
EMEA 18.9 %	1,829	17.4 %	2,056	18.9 %	+12.43%
United States 17.0 %	1,577	15.0 %	1,854	17.0 %	+17.56%
Germany 6.0 %	631	6.0 %	654	6.0 %	+3.73%
France 5.0 %	526	5.0 %	545	5.0 %	+3.73%
Great Britain 4.0 %	315	3.0 %	436	4.0 %	+38.31%
Asia-Pacific 3.6 %	579	5.5 %	394	3.6 %	-31.99%
India 3.0 %	-	-	327	3.0 %	-
Australia 3.0 %	315	3.0 %	327	3.0 %	+3.74%
Italy 3.0 %	315	3.0 %	327	3.0 %	+3.74%
Canada 2.0 %	210	2.0 %	218	2.0 %	+3.73%
Finland 2.0 %	210	2.0 %	218	2.0 %	+3.73%
Americas 1.5 %	116	1.1 %	168	1.5 %	+45.05%

Managers	Title	Age	Since
Henrik Ehrnrooth CEO	Chief Executive Officer	54	2009
Ilkka Hara DFI	Director of Finance/CFO	48	2016
Antti Herlin CHM	Chairman	67	1990
Maciej Kranz CTO	Chief Tech/Sci/R&D Officer	59	2019
Matti Juhani Alahuhta BRD	Director/Board Member	71	2002
Tricia Weener IRO	Public Communications Contact	53	2021
Susanne Skippari IRO	Public Communications Contact	49	2006
Natalia Valtasaari IRC	Investor Relations Contact	39	-
Joe Bao PRN	Corporate Officer/Principal	-	2022
Johannes Frände LAW	General Counsel	44	2011

Members of the board	Title	Age	Since
Matti Juhani Alahuhta BRD	Director/Board Member	71	2002
Antti Herlin CHM	Chairman	67	1990
Susan Duinhoven BRD	Director/Board Member	58	2020
Ravi Kant BRD	Director/Board Member	79	2014
Jussi Kustaa Herlin BRD	Director/Board Member	39	2006
Krishna Mikkilineni BRD	Director/Board Member	64	2021
Iiris Liisa Mirjami Herlin BRD	Director/Board Member	34	2013

	Vote	Quantity	Free-Float	Company-owned shares	Total Float
Stock A	0	453,187,148	312,517,266 ( 68.96 %)	12,159,159 ( 2.683 %)	59.03 %
Stock B	1	76,208,712	0	0

Name	Equities	%	Valuation
Ilona Herlin 3.811 %	17,271,928	3.811 %	747 M €
Ilkka Herlin 3.608 %	16,350,000	3.608 %	707 M €
KONE OYJ 2.687 %	12,177,644	2.687 %	526 M €
The Vanguard Group, Inc. 2.529 %	11,463,037	2.529 %	495 M €
Heikintorppa Oy 2.253 %	10,210,743	2.253 %	441 M €
Keskinäinen Työeläkevakuutusyhtiö Varma 1.710 %	7,751,222	1.710 %	335 M €
Norges Bank Investment Management 1.599 %	7,246,207	1.599 %	313 M €
Amundi Asset Management SA (Investment Management) 1.396 %	6,326,653	1.396 %	273 M €
BlackRock Fund Advisors 1.350 %	6,117,974	1.350 %	264 M €
Keskinäinen Eläkevakuutusyhtiö Ilmarinen 1.306 %	5,918,875	1.306 %	256 M €

Name	Equities	%	Valuation
Antti Herlin 92.59 %	70,561,608	92.59 %	3 050 M €
Kone Foundation 7.410 %	5,647,104	7.410 %	244 M €
Connor, Clark & Lunn Investment Management Ltd. 0.000013 %	10	0.000013 %	432 €

Name	Equities	%	Valuation
RhumbLine Advisers LP 0.000800 %	7,254	0.000800 %	156 766 €
Private Capital Group LLC 0.000224 %	2,030	0.000224 %	43 870 €
PNC Investments LLC 0.000039 %	353	0.000039 %	7 629 €
First Horizon Advisors, Inc. 0.000005 %	41	0.000005 %	886 €

Name	Equities	%	Valuation
KONE OYJ 2.69%	12,177,644	2.69%	526,326,663 $

Kone Oyj

Keilasatama 3

02151, Espoo

+358 204 751

http://www.kone.com

Name	Category and Sector
KONE OYJ	Producer Manufacturing - Building Products
Kone Belgium SA	Producer Manufacturing - Building Products
Kone, Inc.	Producer Manufacturing - Building Products
KONE (Schweiz) AG	-
Kone Elevators Co., Ltd.	Producer Manufacturing - Building Products
KONE Industrial - koncern sro	Producer Manufacturing - Building Products
Kone As	-
Kone A/S (Denmark)	Industrial Services - Engineering & Construction
Kone Industrial Oy	Producer Manufacturing - Building Products
KONE Hissit Oy	Producer Manufacturing - Building Products
KONE Elevator (HK) Ltd.	Distribution Services - Wholesale Distributors
KONE doo	Producer Manufacturing - Building Products
Kone Elevator India Pvt Ltd.	Producer Manufacturing - Building Products
Kone México SA de CV	Producer Manufacturing - Building Products
Kone Industrial SA de CV	Producer Manufacturing - Building Products
KONE AS (Norway)	-
KONE Lifts JSC	-
Motala Hissar AB	Producer Manufacturing - Building Products
KONE AB	Producer Manufacturing - Building Products
KONE Asansör San ve Tic AS	Producer Manufacturing - Building Products
KONE Ltd.	Producer Manufacturing - Building Products
KPI Elevators, Inc.	-
KONE Lifts Ltd.	Producer Manufacturing - Building Products
Kone Elevators Taiwan Co. Ltd.	-
Kone Elevators Pty Ltd.	-
KONE Areeco Ltd.	Producer Manufacturing - Building Products
KONE Felvonó Kft	-
KONE, Inc. (Canada)	Producer Manufacturing - Building Products
Kone Pte Ltd.	Producer Manufacturing - Building Products
KONE Kenya Ltd.	-
PT KONE Indo Elevator	Industrial Services - Engineering & Construction
KONE Elevator (M) Sdn. Bhd.	-
Kone (Ni) Ltd.	Producer Manufacturing - Building Products
KONE Elevators South Africa Pty Ltd.	-
Kone PCL (Thailand)	-
Kone Lifts LLC	-

Trading Rating :

Investor Rating :

ESG Refinitiv :

More Ratings

Sell

Buy

Mean consensus

HOLD

Number of Analysts

Last Close Price

40.54EUR

Average target price

45.04EUR

Spread / Average Target

+11.10%

Consensus

Estimates Revisions

Company calendar

	1st Jan change	Capi.
KONE OYJ	-16.31%	22 691 M $
OTIS WORLDWIDE CORPORATION	+9.96%	35 704 M $
SCHINDLER HOLDING AG	+11.75%	23 248 M $
DAIFUKU CO., LTD.	+29.51%	6 916 M $
INTERROLL HOLDING AG	+1.49%	2 205 M $
FUJITEC CO., LTD.	+14.28%	1 815 M $
KARDEX HOLDING AG	+36.84%	1 784 M $
SHANGHAI MECHANICAL & ELECTRICAL INDUSTRY CO.,LTD.	+9.80%	1 615 M $
ATLANTIS GLORY INC.	-.--%	1 238 M $
HYUNDAI ELEVATOR CO., LTD	+59.72%	1 204 M $

Elevator & Conveying Equipment

Industrials

Industrial Goods

Machinery, Equipment & Components

Heavy Electrical Equipment

Elevator & Conveying Equipment