KONE Corporation

Overview

KONE Corporation (KONE) is a manufacturer of elevators and escalators. The company’s products include offers elevators, escalators, automatic building doors, and monitoring and access control systems. It also provides various services for every phase of building’s lifecycle such as design, construction, maintenance and modernization. KONE also supplies spare parts for elevators, escalators and other equipment. The company serves to hotels; leisure facilities; public spaces; residential, office and specialized buildings; airports; railway stations; shopping centers; medical facilities; supermarkets; and department stores. It has operations in Europe, the Middle East, Africa, Asia-Pacific and Americas. KONE is headquartered in Espoo, Helsinki, Finland.
Key Stats
Address
Keilasatama 3, Pl 7, ESPOO, Finland
Headquarters

Finland

Contact

358 2 04751

Website
www.kone.com
No of Employees

61,439

Industry

Industrial Goods and Machinery

Ticker Symbol & Exchange​

KNEBV [HEL]

Revenue (2020)

$11,330 m

1.4% (2020 vs 2019)
Net Income (2020)

$1,071 m

2.7% (2020 vs 2019)
Net Profit Margin

9 %

1.3% (2020 vs 2019)
Market Cap *

$36,607 m

EPS *

$2.1

  *Note: Ratios based on the share price as of 8-September-2021, in absolute numbers and US$.

Peer Comparison

Key Parameters KONE CorporationThyssenKrupp AGOtis Worldwide CorpSchindler Holding Ltd
Key Information
Headquarters Finland Germany United States of America Switzerland
Headquarter City ESPOO ESSEN FARMINGTON HERGISWIL
Headquarter State/Province - - Connecticut -
No. of Employees 61,439 101,592 69,000 67,234
Entity Type Public Public Public Public

Products & Services

KONE manufactures elevators and escalators. Key products and services offered by the company includes:

Products
  • Elevators
  • Escalators
  • Autowalks
  • Vitae Eget Libero
  • Vitae Eget Libero
  • Vitae Eget Libero
Services
  • Designing
  • Construction
  • Maintenance
  • Etiam Rutrum Elit
Brands
  • Monospace
  • Ecodisc
  • Minispace
  • Rutrum Elit
  • Rutrum Elit
  • Rutrum Elit
  • Rutrum Elit
  • Rutrum Elit
  • Rutrum Elit
  • Rutrum Elit
Key Financial Charts
Sales Growth
Operating Margin
Net Income Growth
EPS (Earnings per Share)
Debt to Equity Ratio
Return on Assets

Employees

Name Position Board Since Age Biography
Tricia Weener Chief Marketing Officer; Executive Vice President - Marketing and Communications Senior Management 2021 - Ms. Tricia Weener serves as Chief Marketing Officer and Executive Vice President of Marketing and Communications at the company since...
Ilkka Hara Chief Financial Officer Senior Management 2016 45 Mr. Ilkka Hara has been the Chief Financial Officer of the company since 2016. Prior to this, he served as...
Tomio Pihkala Chief Technology Officer Senior Management 2016 45 Mr. Tomio Pihkala has been the Chief Technology Officer of the company since 2016. Prior to this, he served as...
Henrik Ehrnrooth Chief Executive Officer; President Senior Management 2014 51 Mr. Henrik Ehrnrooth has been the President and Chief Executive Officer of the company since 2014. Prior to this, he...
Non Dignissim Eros Proin vel Convallis 2015 XX In vitae nisi ut tortor rutrum suscipit vel vitae ligula. Mauris sed tellus non augue ultricies ultricies. Aliquam vitae urna congue.
Non Dignissim Eros Proin vel Convallis 2015 XX In vitae nisi ut tortor rutrum suscipit vel vitae ligula. Mauris sed tellus non augue ultricies ultricies. Aliquam vitae urna congue.

History

Year Event Description
2021 Acquisitions/Mergers/Takeovers In June, the company acquired the service and repair business of Detroit Elevator Company, an…
2021 Acquisitions/Mergers/Takeovers In July, the company acquired Ascensores Muguerza SA, an elevator service in San Sebastian, Spain.
2021 Contracts/Agreements In February, the company entered into a partnership with Orange Business Services to move its…
2021 Quis autem vel Ut enim ad minima veniam, quis nostrum exercitationem ullam corporis suscipit laboriosam
2021 Quis autem vel Ut enim ad minima veniam, quis nostrum exercitationem ullam corporis suscipit laboriosam
2021 Quis autem vel Ut enim ad minima veniam, quis nostrum exercitationem ullam corporis suscipit laboriosam

Locations


KONE Elevator India Pvt Ltd

Address

No.50, Vanagaram Road,, Ayanambakkam,, Chennai
India

Telephone

91 4426533901

Website

www.kone.in
KONE Lifts LLC

Address

Prorizna str. 18/1 G, apt 3, Kyiv
Ukraine

Telephone

380 442786555

Ascensores Casado SA

Address

Calle Ailanto, 17, Madrid
Spain

Telephone

34 - 913159604

Website

www.ascensorescasado.es
KONE Areeco Ltd

Address

PO box 14326, Jeddah, Jeddah
Saudi Arabia

Telephone

966 2 263 0055

KONE AS

Address

16000 Prague 6, Luzna
Czech Republic

Telephone

420 220105444

Express Elevators Ltd

Address

Express Buildings, Otley Road, Baildon, Shipley, West Yorkshire
United Kingdom

Telephone

44 1274 535650

Website

www.expresselevators.com
Janzhoff Aufzuge GmbH

Address

Hesslingsweg 69, Dortmund
Germany

Telephone

49 231 9253 630

Website

www.janzhoff.com
KONE Pte Ltd

Address

Suite 05-06, 151 Lorong Chuan, New Tech Park, Lobby F, Singapore
Singapore

Telephone

65 6424 6246

Website

www.kone.sg

Deals

Number of Deals
Deal Value (US$ m)

Latest Deals

Announced Date Headline Deal Type Acquirers / Investors / Surviving Entity Issuer / partner / Target
05 Aug 2021 KONE Acquires Service and Repair Business of Ross Elevator Asset Transaction KONE Corporation Ross Elevator Inc.
22 Jul 2021 KONE Acquires Ascensores Muguerza Acquisition KONE Corporation Ascensores Muguerza, S.A
01 Jun 2021 KONE Acquires Service and Repair Business of Detroit Elevator Company Asset Transaction KONE Corporation Detroit Elevator Company
17 Feb 2020 Lorem ipsum dolor sit amet, consectetur adipiscing elit Eiusmod Tempor Exercitation cillum velit
16 May 2019 Lorem ipsum dolor sit amet, consectetur adipiscing elit Eiusmod Tempor Exercitation cillum velit
03 Apr 2018 Lorem ipsum dolor sit amet, consectetur adipiscing elit Eiusmod Tempor Exercitation cillum velit

Jobs Overview

831

Active Jobs

391

Posted

397

Closed

Job Trends

Latest Jobs

Job title Company Country
Chargeman Service Technician KONE Corporation Malaysia
Safety Specialist-Makasar KONE Corporation Indonesia
Cras Malesuada Dolor nisi Lorem minim amet cillum elit. Cursus Sed Pulvinar
Cras Malesuada Dolor nisi Lorem minim amet cillum elit. Cursus Sed Pulvinar
Cras Malesuada Dolor nisi Lorem minim amet cillum elit. Cursus Sed Pulvinar
Cras Malesuada Dolor nisi Lorem minim amet cillum elit. Cursus Sed Pulvinar