KONE Oyj/€KNEBV

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About KONE Oyj

KONE Oyj is a global leader in the elevator and escalator industry, providing innovative solutions for the maintenance, modernization, and installation of elevators and escalators. Headquartered in Espoo, Finland, the company focuses on creating safe, sustainable, and seamless user experiences in high-rise buildings and urban centers. KONE's product offerings include elevators, escalators, automatic building doors, and integrated solutions tailored to different building types and environments. Founded in 1910, KONE has a significant global presence, operating in over 60 countries, which positions it strongly within the industry. The company is known for its commitment to technological advancements, emphasizing energy efficiency and smart building solutions.
Ticker
€KNEBV
Primary listing
XHEL
Employees
64,907
Headquarters
Espoo, Finland

KONE Oyj Metrics

BasicAdvanced
€26B
27.26
€1.82
0.81
€1.80
3.63%

What the Analysts think about KONE Oyj

Analyst ratings (Buy, Hold, Sell) for KONE Oyj stock.
Analyst projections of the future price of KONE Oyj stock.

Bulls say / Bears say

KONE’s orders received in Q2 2026 grew 10.6% year-on-year to €2,562.3 million, while the order book expanded 12.3% to €9,630.8 million, reflecting resilient global demand across its maintenance and installation segments (KONE).
The group’s adjusted EBIT margin improved to 12.6% in H1 2026, up from 11.8% a year earlier, driven by favorable business mix and operational leverage, underscoring effective cost management and pricing discipline (KONE).
The proposed €29.4 billion acquisition of TK Elevator will create the world’s largest lift maker and significantly boost KONE’s scale in high-margin maintenance and modernization services, while enhancing its foothold in the Americas (Reuters Breakingviews).
KONE’s Q2 2026 net income fell 13.3% year-on-year to €238 million, missing consensus estimates as €47.7 million of costs tied to the planned TK Elevator combination weighed on results, driving shares down nearly 3% to a 52-week low (Investing.com/Reuters).
New order margins contracted slightly in Q2 2026 due to continued pressure in the Chinese New Building Solutions market, indicating that recent price increases have yet to fully offset rising input costs (Investing.com/Reuters).
Completion of the €29.4 billion acquisition of TK Elevator remains subject to multiple regulatory approvals and shareholder authorisations, introducing execution and timing risks that could delay closing or require divestitures (KONE EGM Notice).
Data summarised monthly by Lightyear AI. Last updated on 4 Sept 2026.

KONE Oyj Financial Performance

Revenues and expenses
Income statement
QuarterlyAnnual
Q3 24
QoQ growth
Revenue
Net income
Profit margin

KONE Oyj Earnings Performance

Company profitability
Earnings per share
QuarterlyAnnual
Q4 23
Q1 24
Q2 24
Q3 24
Q4 24
Actual
Expected
Surprise
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