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Kone

61.96 EUR

+2.58 %

16,427 following

KNEBV

NASDAQ Helsinki

Industrial Goods & Services

Industrials

+2.58 %
-1.37 %
+2.31 %
+6.17 %
+18.02 %
+17.30 %
+27.25 %
-9.68 %
+993.97 %

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
32.8B EUR
Turnover
10.47M EUR
P/E (adj.) (26e)
28.25
EV/EBIT (adj.) (26e)
20.92
P/B (26e)
10.73
EV/S (26e)
2.67
Dividend yield-% (26e)
3.14 %
Coverage
Recommendation
Reduce
Target price
56.00 EUR
Updated
09.02.2026
Aapeli Pursimo
Aapeli Pursimo

Analyst

Latest research

Latest analysis report

Released: 09.02.2026

Revenue and EBIT-%

Revenue B

EBIT-% (adj.)

EPS and dividend

EPS (adj.)

Dividend %

Financial calendar
5.3
2026

General meeting '26

6.3
2026

Annual dividend

29.4
2026

Interim report Q1'26

Risk
Business risk
Valuation risk
Low
High
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Forum discussions
The transition toward becoming a maintenance and service company is progressing. There are fewer and fewer markets for the new equipment business while the Chinese economy is stalled, and India and others are unable to compensate for it. Is Kone gradually becoming a globally operating...
2/9/2026, 7:09 PM
by Logitech
7
I’ll post this here, even though most forum members have already spotted the news. KONE is starting change negotiations in Finland, affecting operations at the Hyvinkää factory + R&D. Approximately 840 employees are within the scope of the negotiations, with a reduction need of at...
2/9/2026, 6:59 PM
by herewecome
7
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
October-December 2025 Orders received increased by 6.3% to EUR 2,253.4 (10-12/2024: 2,119.0) million. At comparable exchange rates, orders increased by 12.2%. Sales decreased by 0.5% to EUR 2,960.8 (2,975.6) million. At comparable exchange rates, sales increased by 4.3%. Operating...
2/6/2026, 7:01 AM
by Jukka
6
Here is a piece by Ilkka Sinervä about Kone and its competitors, especially Otis. Swiss company Schindler, which is neck-and-neck with Kone in terms of revenue and profitability, has not yet released its results for last year, but the company’s share price also dipped by less than...
2/9/2026, 3:22 PM
by Sijoittaja-alokas
5
Here are Aapeli’s quick comments on KONE’s Q4 results KONE released its Q4 report this morning. The Q4 result was well in line with both our and consensus expectations, while orders received exceeded expectations. The guidance provided for 2026, for its part, met expectations quite...
2/6/2026, 8:09 AM
by Sijoittaja-alokas
5
Here is Aapeli’s preview, as KONE reports its Q4 results on Friday. We expect the company’s positive margin trend to have continued, supported by growth in maintenance and modernization services. We estimate reported orders, for their part, to have been slightly above the comparison...
2/3/2026, 5:34 AM
by Sijoittaja-alokas
5
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