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    Home > Finance > Kone's Q4 adjusted operating profit beats estimate
    Finance

    Kone's Q4 adjusted operating profit beats estimate

    Published by Global Banking & Finance Review®

    Posted on January 30, 2025

    1 min read

    Last updated: January 27, 2026

    The featured image illustrates Kone's strong Q4 performance, showcasing their adjusted operating profit of 386.5 million euros, exceeding analyst expectations. This reflects Kone's growth strategy in the elevator and escalator market, particularly outside China.
    Kone's quarterly earnings report highlights adjusted operating profit growth - Global Banking & Finance Review
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    Tags:financial communitycorporate profitsfinancial managementinvestment portfolioscapital and liquidity

    Quick Summary

    Kone's Q4 profit exceeded forecasts, with growth in sales outside China. The company anticipates improved margins by 2025, focusing on modernisation.

    Kone's Q4 adjusted operating profit beats estimate

    HELSINKI (Reuters) - Finland's Kone on Thursday posted quarterly earnings above estimates and said it expects its adjusted operating margin to improve in 2025 and sales to grow slightly.

    "We continued to grow at a healthy rate, with both orders and sales increasing over 10% outside China," Chief Executive Philippe Delorme said in a statement.

    The elevator and escalator maker has been pushing to grow its modernisation and maintenance businesses to compensate for less demand at its main business that equips new buildings, and to offset a decline in China.

    The elevator maker's October-December adjusted operating profit rose to 386.5 million euros ($402.42 million), beating the 379.2 million euro mean estimate of analysts polled by LSEG.

    Most items affecting comparability come from restructuring of operations in China, Kone said.

    ($1 = 0.9604 euros)

    (Reporting by Essi Lehto, editing by Terje Solsvik)

    Key Takeaways

    • •Kone's Q4 profit surpassed analyst estimates.
    • •Growth expected in operating margin by 2025.
    • •Sales increased over 10% outside China.
    • •Focus on modernisation and maintenance businesses.
    • •Restructuring in China affects comparability.

    Frequently Asked Questions about Kone's Q4 adjusted operating profit beats estimate

    1What was Kone's adjusted operating profit for Q4?

    Kone's adjusted operating profit for the October-December period rose to 386.5 million euros, surpassing the analysts' estimate of 379.2 million euros.

    2How did Kone's sales perform outside of China?

    Kone reported that both orders and sales increased by over 10% outside of China, indicating strong growth in those markets.

    3What is Kone's outlook for 2025?

    Kone expects its adjusted operating margin to improve in 2025 and anticipates slight growth in sales.

    4What challenges is Kone facing in its main business?

    Kone is experiencing less demand in its primary business of equipping new buildings, which has prompted a focus on growing its modernisation and maintenance sectors.

    5What factors are affecting Kone's financial results?

    Most items affecting comparability in Kone's results stem from the restructuring of operations in China.

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