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    KNEBV   FI0009013403

KONE OYJ

(KNEBV)
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Delayed Nasdaq Helsinki  -  11:29 2022-08-19 am EDT
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KONE appoints Karla Lindahl as Executive Vice President for the South Europe and Mediterranean region and member of the Executive Board

03/10/2022 | 02:31am EDT

KONE Corporation, stock exchange release, March 10, 2022 at 9.30 a.m. EET

KONE appoints Karla Lindahl as Executive Vice President for the South Europe and Mediterranean region and member of the Executive Board

Karla Lindahl has been appointed Executive Vice President, responsible for the South Europe and Mediterranean region and member of the Executive Board as of 1 April, 2022. She will report to Henrik Ehrnrooth, President and CEO of KONE Corporation. Karla succeeds Thomas Hinnerskov who will leave KONE for a position outside the company, as previously announced.

Karla joined KONE in 2004 and has most recently held the role of Managing Director for Finland and the Baltics. During her 18 years at KONE, she has held several key leadership positions within the company, including being responsible for KONE's global strategy development. She has a Master of Laws degree from the University of Helsinki and a Master of Arts (EC Competition Law) degree from King's College, London.

"I am very pleased to welcome Karla to the Executive Board. She has broad experience of many leadership roles at KONE in both customer-facing business as well as in strategic development roles. Karla's value-based leadership and strong customer focus will further strengthen the Executive Board," says Henrik Ehrnrooth, President and CEO of KONE.

As of 1 April, 2022, Samer Halabi, currently Executive Vice President for the Asia-Pacific region excluding China, will also assume the responsibility for the Middle East and Africa region. This change has no impact on external financial reporting.

For more information, please contact:

Susanne Skippari, Executive Vice President, Human Resources, KONE Corporation, tel. +358 20 475 4524


Sender:

KONE Corporation

Henrik Ehrnrooth
President and CEO

Susanne Skippari
Executive Vice President, Human Resources
 

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/kone-appoints-karla-lindahl-as-executive-vice-president-for-the-south-europe-and-mediterranean-regio,c3522161

https://news.cision.com/kone-oyj/i/kone-karlalindahl,c3022406

(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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Number of Analysts 23
Last Close Price 41,15 €
Average target price 52,46 €
Spread / Average Target 27,5%
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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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