57.92
-0.55%
Close of 9 Nov 2026, in EUR
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About Kone Oyj
Its shares trade on Nasdaq Helsinki under the ticker KNEBV.HE. It has been listed since 1 June 2005. In the fiscal year to 31 December 2025, it reported revenue of €11.25bn and net income of €980.1m. At that date it held total assets of €9.05bn and shareholders' equity of €2.80bn.
Kone Oyj manufactures elevators, escalators, and automatic building doors. The company is headquartered in Espoo, Etela-Suomen. The company went IPO on 2005-06-01. The Companys offers elevators, escalators, autowalks, automatic doors, and monitoring and access control systems through its New Equipment business area, maintenance and equipment performance monitoring solutions through its Maintenance business area, and modernization solutions for equipment, ranging from the replacement of single parts of equipment to full replacement solutions, through its Modernization business. The offer is designed for residential and commercial buildings, public transportation buildings, hotels, retail centers, and medical facilities, among others. The firm is active in approximately 60 countries in Europe, the Middle East and Africa (EMEA), Americas and Asia-Pacific. The company operates through a number of subsidiaries in Germany, Spain, the United States, India and China, among others.
Figures and description from our data supplier, not checked against the company's own report.
Company facts
- Sector
- Industrials
- Industry
- Machinery
- Listed since
- 1 Jun 2005
- Employees
- 60,056
- Website
- kone.com ↗
Leadership
Pay as last reported
- Mr. Antti HerlinChairman of the Board, since 1991€230,000
- Mr. Philippe DelormePresident, Chief Executive Officer€1.0m
- Mr. Jussi HerlinExecutive Vice Chairman of the Board, since 2012€241,300
- Mr. Ilkka HaraChief Financial Officer, Member of the Executive Board
- Mr. Johannes FrandeExecutive Vice President, General Counsel
- Ms. Kaija BridgerExecutive Vice President of People and Communications, Member of the Executive Board
- Mr. Nicolas AlchalExecutive Vice President - Strategy & Transformation, Member of the Executive Board
- Mr. Joe BaoExecutive Vice President, Greater China, Member of the Executive Board
- Mr. Samer HalabiExecutive Vice President, Asia-Pacific, Middle East and Africa region, Member of the Executive Board
- Mr. Mikko KorteExecutive Vice President - Supply Chain, Member of the Executive Board
- Ms. Karla LindahlExecutive Vice President- Europe, Member of the Executive Board
- Mr. Ken SchmidExecutive Vice President - Americas, Member of the Executive Board
Environmental, social and governance
Scores out of 100, from our data supplier
- Overall
- 69
- Environment
- 79
- Social
- 91
- Governance
- 39
- Direct emissions (scope 1)
- 114,000 t
- Energy emissions (scope 2)
- 32,000 t
- Value chain emissions (scope 3)
- 12,652,900 t
- Women in the workforce
- 11.6%
- Carbon reduction policy
- Yes
- Human rights policy
- Yes
SWOT analysis
AI-generated by our data supplier. Not written or checked by our editors.
Strengths
- Kone Oyj is one of the leading companies in the global elevator and escalator industry. It has established a strong brand reputation based on its high-quality products and innovative solutions.
- The company has a wide product portfolio that caters to various customer segments, including residential, commercial, and industrial. This diversification provides Kone Oyj with a competitive advantage in the market.
- Kone Oyj has a global presence and operates in over 60 countries. This extensive network allows the company to reach a large customer base and capture opportunities in different regions.
Weaknesses
- One weakness of Kone Oyj is its dependence on the construction industry. Economic downturns or slowdowns in the construction sector can significantly impact the company's revenue and profitability.
- Another weakness is the intense competition in the elevator and escalator industry. Kone Oyj faces strong competition from other major players, which puts pressure on its market share and pricing strategy.
- Additionally, Kone Oyj's operations are subject to various regulations and standards, which require continuous compliance and may increase costs or delay product development and deployment.
Opportunities
- The growing urbanization trend and increased investments in infrastructure provide opportunities for Kone Oyj to expand its business. The demand for elevators and escalators is expected to rise in densely populated cities, especially in emerging markets.
- Technological advancements, such as smart and energy-efficient solutions, present opportunities for Kone Oyj to differentiate itself and offer innovative products that meet the evolving needs of customers.
- The trend towards sustainable buildings and green initiatives opens doors for Kone Oyj to develop environmentally friendly solutions and enhance its corporate social responsibility image.
Threats
- Economic uncertainties and fluctuations in global markets pose threats to Kone Oyj's business. Changes in interest rates, currency exchange rates, or trade policies can impact the company's financial performance and disrupt its operations.
- The risk of cybersecurity breaches and data privacy concerns is a growing threat for Kone Oyj. As the company embraces digitalization and connects its elevators and escalators to the internet, it becomes more vulnerable to cyberattacks.
- Another threat is the potential emergence of new entrants or disruptive technologies in the industry. Kone Oyj needs to stay vigilant and continuously innovate to maintain its competitive position and protect its market share.
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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