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Company Profile

  • Business description

    Kone is a global top-four supplier of elevators and escalators. Kone began producing elevators in Finland in 1918 and today generates revenue in three ways: selling new elevators and escalators, modernizing old equipment, and servicing its installed base. Most of the company's profit comes from the last activity, where contracts are rolled over annually with built-in price increases. The bulk of Kone's business is in elevators, which are more numerous globally than escalators. Its business model is similar to its closest competitors Otis, Schindler, and TK Elevator.

  • Contact

    Keilasatama 3
    P.O. Box 7
    Espoo 02150
    FIN

    T: +358 204751

    E: sanna.kaje@kone.com

    https://www.kone.com

  • Sector

    Industrials

    Stock type

    Sensitive

  • Industry

    Specialty Industrial Machinery

    Fiscal Year End

    31 December 2024

    Employees

    63,536

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Markets

Index
Last price
Change
% Change
All Ordinaries 7,902.00 84.60 1.08%
CAC 40 8,034.71 12.30 0.15%
DAX 40 17,827.15 89.79 0.51%
Dow JONES (US) 37,986.40 211.02 0.56%
FTSE 100 8,023.51 127.66 1.62%
HKSE 16,511.69 287.55 1.77%
NASDAQ 15,282.01 319.49 -2.05%
Nikkei 225 37,438.61 370.26 1.00%
NZX 50 Index 11,852.80 56.59 0.48%
S&P 500 4,967.23 43.89 -0.88%
S&P/ASX 200 7,649.20 81.90 1.08%
SSE Composite Index 3,044.60 20.67 -0.67%

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