KONE Corporation - Company Profile

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KONE Corporation: Overview

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KONE Corporation (KONE) manufactures elevators and escalators. The company’s products include elevators, escalators, automatic building doors, and monitoring and access control systems, besides solutions for modernization and maintenance that add value to buildings. It also provides various services for every phase of a building’s lifecycle such as design, construction, maintenance, and modernization. KONE also supplies spare parts for elevators, escalators, and other equipment. The company’s customer base includes 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.

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Headquarters Finland
Address Keilasatama 3, Pl 7, Espoo, 02150
Website www.kone.com
Telephone 358 2 04751
No of Employees 63,536
Industry Industrial Goods and Machinery
Ticker Symbol & Exchange KNEBV (HEL)
Revenue (2022) $11.8B 0.4% (2022 vs 2021)
EPS XYZ
Net Income (2022) XYZ 19.5% (2022 vs 2021)
Market Cap* $20.9B
Net Profit Margin (2022) XYZ 19.0% (2022 vs 2021)
* As of and is in US$
View KONE Corporation financials
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KONE Corporation premium industry data and analytics

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Construction Projects

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Project Contacts

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IT Services Contracts

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Products and Services

Products Services Brands
Elevators Designing Monospace
Escalators Construction Ecodisc
Autowalks Maintenance Minispace
XYZ XYZ XYZ
XYZ XYZ XYZ
XYZ XYZ XYZ
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History

History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.

Year Event Description
2024 Contracts/Agreements In April, the company secured an order to deliver a suite of people flow solutions for the new 489-meter-high mixed-use Panda Tower in Chengdu, Western China.
2024 Contracts/Agreements In March, the company secured an order to deliver a suite of people flow solutions for 2 Trafalgar Way in Tower Hamlets, London, England, the UK.
2024 Acquisitions/Mergers/Takeovers In February, the company acquired the PACA Ascenseurs elevator maintenance division of Assa Abloy in France.
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Competitor Comparison

Key Parameters KONE Corporation ThyssenKrupp AG Otis Worldwide Corp Schindler Holding Ltd Cargotec Oyj
Headquarters Finland Germany United States of America Switzerland Finland
City Espoo Essen Farmington Hergiswil Helsinki
State/Province - Nordrhein-Westfalen Connecticut - -
No. of Employees 63,536 99,973 71,000 70,406 11,391
Entity Type Public Public Public Public Public
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Executives
Name Position Board Since Age
Antti Herlin Chairman Executive Board 2003 67
Jussi Herlin Vice Chairman Executive Board 2014 39
Philippe Delorme Chief Executive Officer; President Senior Management 2024 -
Ilkka Hara Chief Financial Officer; Interim Leader - South Europe and Mediterranean Region Senior Management 2016 48
Maciej Kranz Chief Technology Officer Senior Management 2019 59
Non Dignissim Eros Proin vel Convallis 2024 XY
Non Dignissim Eros Proin vel Convallis 2024 XY
Non Dignissim Eros Proin vel Convallis 2024 XY
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