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    KNEBV   FI0009013403

KONE OYJ

(KNEBV)
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Delayed Nasdaq Helsinki  -  11:29 2022-08-19 am EDT
41.15 EUR   -1.22%
08/08KONE CORPORATION : RBC sticks Neutral
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07/21KONE CORPORATION : RBC sticks Neutral
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Decisions taken by KONE Corporation's Board of Directors

03/01/2022 | 10:11am EDT

KONE Corporation, stock exchange release, March 1, 2022 at 5.10 p.m. EET

Decisions taken by KONE Corporation's Board of Directors

At its meeting held after the General Meeting today, on March 1, 2022, the Board of Directors elected from among its members Antti Herlin as its Chairman and Jussi Herlin as Vice Chairman.

Ravi Kant was elected as Chairman and Matti Alahuhta, Jussi Herlin and Susan Duinhoven as members of the Audit Committee. Ravi Kant, Matti Alahuhta and Susan Duinhoven are independent of both the company and of significant shareholders.

Antti Herlin was elected as Chairman and Matti Alahuhta, Jussi Herlin and Jennifer Xin-Zhe Li as members of the Nomination and Compensation Committee. Matti Alahuhta and Jennifer Xin-Zhe Li are independent of both the company and of significant shareholders.

For further information, please contact:
Natalia Valtasaari, Head of Investor Relations, tel. +358 204 75 4705

Sender:

KONE Corporation

Johannes Frände
General Counsel, Secretary to the Board

Ilkka Hara
CFO

About KONE

At KONE, our mission is to improve the flow of urban life. As a global leader in the elevator and escalator industry, KONE provides elevators, escalators and automatic building doors, as well as solutions for maintenance and modernization to add value to buildings throughout their life cycle. Through more effective People Flow®, we make people's journeys safe, convenient and reliable, in taller, smarter buildings. In 2021, KONE had annual sales of EUR 10.5 billion, and at the end of the year over 60,000 employees. KONE class B shares are listed on the Nasdaq Helsinki Ltd. in Finland.

www.kone.com

https://news.cision.com/kone-oyj/r/decisions-taken-by-kone-corporation-s-board-of-directors,c3516872

(c) 2022 Cision. All rights reserved., source Press Releases - English

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Financials
Sales 2022 10 981 M 11 025 M 11 025 M
Net income 2022 882 M 886 M 886 M
Net cash 2022 2 149 M 2 157 M 2 157 M
P/E ratio 2022 24,2x
Yield 2022 4,34%
Capitalization 21 323 M 21 409 M 21 409 M
EV / Sales 2022 1,75x
EV / Sales 2023 1,65x
Nbr of Employees 63 106
Free-Float 59,3%
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Mean consensus OUTPERFORM
Number of Analysts 23
Last Close Price 41,15 €
Average target price 52,46 €
Spread / Average Target 27,5%
EPS Revisions
Managers and Directors
Henrik Georg Fredrik Ehrnrooth President & Chief Executive Officer
Ilkka Hara Chief Financial Officer
Antti Juhani Herlin Chief Executive Officer & Deputy Chairman
Maciej Kranz Chief Technology Officer & Executive VP
Matti Juhani Alahuhta Director
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