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    KNEBV   FI0009013403

KONE OYJ

(KNEBV)
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Delayed Nasdaq Helsinki  -  11:29 2022-06-23 am EDT
42.77 EUR   -4.40%
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KONE to equip a new hospital in North Zealand in Denmark

05/12/2022 | 04:14am EDT

KONE Corporation, a global leader in the elevator and escalator industry, has won an order to supply a suite of People Flow® solutions, including 40 KONE elevators, for a new hospital in North Zealand area.

This new hospital will become an integral part of the business and residential area of Favrholm on Overdrevsvejen south of Hillerød in capital region. It is expected that the hospital will receive and treat around 500,000 patients annually.

KONE's delivery includes 12 KONE MonoSpace® 700 DX elevators and 28 KONE Transys(TM) freight elevators. In addition, the contract includes KONE E-Link(TM) service for monitoring equipment while on site and KONE 24/7 Connected Services with one year of standard maintenance. Some of the elevators will be used already during the construction time.

"We are happy to provide our solutions to this project which will further enhance the quality of healthcare in the region," said Axel Berkling, Executive Vice President, KONE Central and North Europe. "Our solutions enable a smooth and safe people flow for patients, hospital staff and visitors."

The contractor is NCC. The main architects are Herzog & de Meuron and Vilhelm Lauritzen.

The project is expected to be fully completed in 2025.

KONE booked the order in the first quarter of 2022.

For further information, please contact:

Hanna Rutanen, Head of Communications, KONE Corporation, tel. +358 41 507 1361, media@kone.com

Read more

Previous press releases are available at https://www.kone.com/en/news-and-insights/releases/ including:

April 27, 2021: KONE wins order to equip the 'Arbor' office building at Bankside Yards, London

June 4, 2020: KONE wins order for new metro line extension in Stockholm, Sweden

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

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(C) 2022 M2 COMMUNICATIONS, source M2 PressWIRE

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Financials
Sales 2022 11 155 M 11 767 M 11 767 M
Net income 2022 930 M 981 M 981 M
Net cash 2022 2 231 M 2 353 M 2 353 M
P/E ratio 2022 24,0x
Yield 2022 4,27%
Capitalization 22 162 M 23 378 M 23 378 M
EV / Sales 2022 1,79x
EV / Sales 2023 1,70x
Nbr of Employees 62 951
Free-Float 59,3%
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Number of Analysts 23
Last Close Price 42,77 €
Average target price 53,27 €
Spread / Average Target 24,6%
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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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