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Kone

59.88 EUR

+0.34 %

16,387 following

KNEBV

NASDAQ Helsinki

Industrial Goods & Services

Industrials

Overview
Financials & Estimates
Investor consensus
Compare
+0.34 %
+4.07 %
+8.83 %
+9.23 %
+27.40 %
+19.47 %
+23.08 %
-12.43 %
+957.25 %

Kone is a manufacturer of elevators, escalators and automatic doors. Other related products and systems provided by the company include barriers, docking systems and traffic gates. The company's products are sold in all global regions through authorized distributors. Kone was founded in 1910 and is headquartered in Espoo.

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Market cap
31.7B EUR
Turnover
29.15M EUR
P/E (adj.) (25e)
29.71
EV/EBIT (adj.) (25e)
21.86
P/B (25e)
10.47
EV/S (25e)
2.65
Dividend yield-% (25e)
3.17 %
Coverage
Recommendation
Reduce
Target price
56.00 EUR
Updated
2025-10-27
Aapeli Pursimo
Aapeli Pursimo

Analyst

Latest research

Latest analysis report

Released: 2025-10-27

Revenue and EBIT-%

Revenue B

EBIT-% (adj.)

EPS and dividend

EPS (adj.)

Dividend %

Financial calendar
6/2
2026

Annual report '25

5/3
2026

General meeting '26

29/4
2026

Interim report Q1'26

Risk
Business risk
Valuation risk
Low
High
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Research
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Välkända teman presenterades vid KONEs analytikersamtal
Analyst Comment11/20/2025, 6:50 AM by
Aapeli Pursimo

Välkända teman presenterades vid KONEs analytikersamtal

KONE anordnade en frågestund för analytiker på onsdagen.

Kone
KONE Q3’25: Improving business mix drives EBIT margin10:12
Video10/30/2025, 1:14 PM by
Aapeli Pursimo, Pia Maljanen

KONE Q3’25: Improving business mix drives EBIT margin

Analyst Aapeli Pursimo breaks down KONE's development in various geographic areas and segments.

Kone
Kone Q3'25: Earnings growth expectations already reflected in share price
Research10/27/2025, 4:03 PM by
Aapeli Pursimo

Kone Q3'25: Earnings growth expectations already reflected in share price

KONE's Q3 result was quite in line with both our expectations and the consensus, though orders received were slightly above expectations.

Kone

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KONE Q3’25 snabbkommentar: Resultatet i linje med förväntningarna, positiv trend i orderingången
Analyst Comment10/23/2025, 6:15 AM by
Aapeli Pursimo

KONE Q3’25 snabbkommentar: Resultatet i linje med förväntningarna, positiv trend i orderingången

KONE publicerade sin Q3-rapport i morse. Q3-resultatet var ganska väl i linje med både vår och konsensus förväntningar, medan orderingången överträffade förväntningarna något.

Kone
Regulatory press release10/23/2025, 5:45 AM

KONE Oyj: Financial reporting schedule of KONE Corporation in 2026

Kone
Regulatory press release10/23/2025, 5:30 AM

KONE Oyj: Interim Report of KONE Corporation for January-September 2025

Kone
KONE Q3’25 förhandskommentar: Positiv marginaltrend väntas fortsätta
Analyst Comment10/20/2025, 5:24 AM by
Aapeli Pursimo

KONE Q3’25 förhandskommentar: Positiv marginaltrend väntas fortsätta

KONE publicerar sin Q3-rapport torsdagen den 23/10 kl. 8:30.

Kone
KONE ryktas undersöka möjligheterna att lägga ett bud på TK Elevator
Analyst Comment9/18/2025, 5:01 AM by
Aapeli Pursimo

KONE ryktas undersöka möjligheterna att lägga ett bud på TK Elevator

Enligt en nyhet från Bloomberg undersöker KONE möjligheterna att lämna ett bud på TK Elevator (tidigare Thyssen Elevator).

Kone
Regulatory press release8/28/2025, 7:30 AM

KONE Oyj: KONE Corporation's long-term incentive plan: transfer of shares and change in holding of treasury shares

Kone
KONE Q2'25: Consistent performance
Research7/21/2025, 10:23 AM by
Aapeli Pursimo

KONE Q2'25: Consistent performance

KONE's Q2 result was quite in line with our forecasts and the consensus, though orders received were slightly below expectations.

Kone
KONE Q2'25 -snabbkommentar: Operationell vinst i linje med marknadens förväntningar
Analyst Comment7/18/2025, 6:39 AM by
Aapeli Pursimo

KONE Q2'25 -snabbkommentar: Operationell vinst i linje med marknadens förväntningar

KONE publicerade sin Q2-rapport i morse. Q2-rapporten var väl i linje med både våra och marknadens estimat, medan orderingången var något under estimaten. De rapporterade siffrorna motvind från valutorna, som väntat. Bolaget gjorde väntat endast mindre justeringar i guidningen. Mot bakgrund av den senaste tidens valutautveckling ser vi initialt en lätt nedåtriktad press på våra rapporterade omsättningsestimat, men totalt sett bedömer vi att estimatrevideringarna kommer att bli måttliga.

Kone
Regulatory press release7/18/2025, 5:30 AM

KONE Oyj: Half-year Financial Report of KONE Corporation for January-June 2025

Kone
KONE Q2'25 förhandskommentar: Fortsättning väntas för den positiva marginalutvecklingen
Analyst Comment7/16/2025, 4:57 AM by
Aapeli Pursimo

KONE Q2'25 förhandskommentar: Fortsättning väntas för den positiva marginalutvecklingen

KONE publicerar sin Q2-rapport fredagen den 18 juli kl. 8:30. Vi förväntar oss att bolagets omsättning ökat något och att marginalen förbättrats jämfört med jämförelseperioden. I den övergripande bilden av marknaden förväntar vi oss ingen väsentlig revidering; ändring och vi bedömer att efterfrågan har fortsatt att vara god inom eftermarknaden trots osäkerheten kring tullarna. Motvind för de rapporterade siffrorna kommer dock från valutor och vi har gjort små negativa justeringar i våra estimat för KONEs Q2-omsättning och -vinst i och med att euron har stärkts. I rapporten är vi intresserade av de eventuella återverkningar som det handelspolitiska läget kan ha på bolaget samt andra mer detaljerade marknadskommentar. I den nuvarande guidningen för innevarande år räknar vi med att det sker högst lindriga justeringar.

Kone
Regulatory press release7/2/2025, 2:30 PM

KONE Oyj: KONE Corporation: Notice pursuant to the Finnish Securities Market Act, Chapter 9, Section 10

Kone
Regulatory press release6/10/2025, 2:00 PM

KONE Oyj: KONE Corporation: Managers' Transactions - Ilkka Hara

Kone
Regulatory press release6/3/2025, 7:00 AM

KONE Oyj: KONE appoints Michelle Wen Executive Vice President, Procurement and member of the Executive Board

Kone
KONE Q1’25: Well in line with expectations
Video5/13/2025, 11:40 AM by
Aapeli Pursimo, Isa Hudd

KONE Q1’25: Well in line with expectations

Revenue grew by 4%, which was in line with our and consensus estimates. The order intake slightly exceeded both our and the consensus forecast.

Kone
Regulatory press release5/2/2025, 12:40 PM

KONE Oyj: KONE Corporation: Managers' Transactions - Krishna Mikkilineni

Kone
Regulatory press release5/2/2025, 12:35 PM

KONE Oyj: KONE Corporation: Managers' Transactions - Timo Ihamuotila

Kone
Regulatory press release5/2/2025, 12:30 PM

KONE Oyj: KONE Corporation: Managers' Transactions - Iiris Herlin

Kone
Forum discussions
Q3 published: Strong growth in orders received, profitability continued to improve July-September 2025 Orders received grew by 3.0% to EUR 2,139.5 (7-9/2024: 2,076.6) million. Calculated at comparable exchange rates, orders grew by 7.8%. Sales grew by 0.3% to EUR 2,762.0 (2,753.6...
10/23/2025, 5:42 AM
by Ilkka
11
Ilkka Sinervä has written about Kone’s competitors. The share prices of the global elevator trio – Kone, American Otis, and Swiss Schindler – have mostly stagnated after three quarterly earnings releases. The companies’ outlook for the current year is cautiously positive, but China...
10/31/2025, 9:05 PM
by Sijoittaja-alokas
7
Ilkka Sinervä has written an article about Kone and the possibility of Kone making a takeover bid for it.. Angervuo describes TK Elevator’s sales price of up to 28–31 billion euros as a high threshold for Kone. ”If and when the purchase price for TKE is around 30 billion, then the...
9/22/2025, 7:51 AM
by Sijoittaja-alokas
7
Aapeli has written his own comprehensive comments on how KONE is believed to be bidding for TK Elevator (formerly Thyssen Elevator). According to a Bloomberg report, KONE is reportedly exploring possibilities to make an offer for TK Elevator (formerly Thyssen Elevator), which has...
9/18/2025, 5:45 AM
by Sijoittaja-alokas
7
Aapeli has prepared a new company report following KONE’s Q3 results. KONE’s Q3 results were quite well in line with both our and consensus expectations, while received orders slightly exceeded expectations. The company’s current year guidance also remained practically unchanged,...
10/27/2025, 6:39 AM
by Sijoittaja-alokas
5
Here are Aapeli’s pre-report comments as KONE publishes its Q3 report on Thursday. We expect the company’s revenue to have grown slightly despite currency headwinds, and the positive margin trend to have continued. Correspondingly, we expect reported orders to be roughly on par with...
10/20/2025, 5:29 AM
by Sijoittaja-alokas
5
Aapeli has written his quick comment on KONE’s morning results. KONE published its Q3 report this morning. The Q3 result was quite well in line with both our and consensus expectations, while orders received slightly exceeded expectations. As expected, the company made only minor...
10/23/2025, 7:24 AM
by Sijoittaja-alokas
4
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