KONE Oyj
Other OTCCapital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.- CEO
- Philippe Delorme
- Full Time Employees
- 63,852
- Sector
- Industrials
- Industry
- Industrial - Machinery
- Address
- Keilasatama 3 Espoo Finland 02150
- IPO Date
- Aug 3, 2012
- Website
- kone.com
- Similar Companies
- Business
- KONE Oyj is a global leader in the elevator and escalator industry, providing innovative solutions for the installation, maintenance, and modernization of elevators, escalators, autowalks, and automatic building doors; people flow planning and consulting services; cybersecurity solutions; and energy-efficient technologies for greener buildings. Founded in 1910 and headquartered in Espoo, Finland, the company employs over 60,000 people and operates in nearly 70 countries worldwide, serving architects, builders, developers, building owners, facility managers, and facility managers with a maintenance base exceeding 1.7 million units. KONE targets urban infrastructure and commercial real estate sectors, with significant presence in Europe, Asia-Pacific, the Americas, and the Middle East and Africa. In September 2024, KONE announced an ambitious 2025-2030 strategy emphasizing digital transformation, modernization growth, residential market leadership, and carbon reduction, setting mid-term targets for mid-single-digit sales growth and an adjusted EBIT margin of 13-14% by 2027; the company is also reportedly considering a strategic bid for TK Elevator to enhance U.S. market position and industry consolidation. In 2025, KONE plans to renew its operating model for greater geographic accountability and local responsiveness, while advancing partnerships such as with UNIDO for sustainable industrial development and equipping major projects like Ningbo-Xiangshan railway stations. Annual net sales reached EUR 11.1 billion in 2024.
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