KONE Oyj (KNYJF) Research

KONE Oyj operates globally through its various subsidiaries, specializing in the vertical transportation and access solutions industry. The company manufactures and supplies a comprehensive range of lifts, escalators, and automated building doors. Beyond equipment provision, KONE extends its services to include vital maintenance programs, innovative modernization initiatives, and specialized residential offerings. A significant part of its business focuses on smart building technology. KONE's advanced digital portfolio features KONE Office Flow, a connected platform enabling personalized, touch-free user experiences. It also offers integrated health and well-being enhancements for its elevators, escalators, and doors. Other intelligent solutions encompass KONE Residential Flow, designed to optimize the movement of people, goods, and information within residential complexes; KONE Access, an integrated access control system seamlessly linked to elevator operations and building entrances; KONE Destination, a sophisticated dispatch system engineered to minimize waiting times and travel durations; KONE Infotainment, a digital communication channel for building occupants and visitors; and robust monitoring tools providing real-time insights into elevator and escalator performance. Furthermore, KONE provides expert consultancy in people flow planning and delivers bespoke solutions for complex structures and large-scale projects. Established in 1908, KONE Oyj maintains its corporate headquarters in Espoo, Finland.

Market snapshot

Symbol
KNYJF
Price
$56.80
Day change
0.00%
Market cap
$25.4B
P/E ratio
25.94x
52-week range
54.2-74.11
Sector
Industrials
Industry
Industrial - Machinery
Next earnings
in 1 month

Recent news

  • Kone shareholders back $34 billion TKE takeover plan

    Finnish ​elevator maker ‌Kone said on ​Wednesday its ​shareholders have approved ⁠the ​company's planned $34 ​billion acquisition of German ​rival ​TK Elevator (TKE), which ‌is ⁠set to create the world's ​largest ​lift ⁠making group.

  • Kone's new TK Elevator deal comes amid climate change on European champions

    Brussels' antitrust rules have already once helped derail an attempt to create the world's top lift maker, but ​Kone's proposed new tie-up with TK Elevator shows the Finnish group is banking on a change in Europe's approach to forging regional champions.

Peer companies

  • Daikin Industries,Ltd. (DKILF)
  • Daikin Industries,Ltd. (DKILY)
  • Fanuc Corporation (FANUF)
  • Fanuc Corporation (FANUY)
  • Leonardo S.p.A. (FINMF)
  • Sandvik AB (publ) (SDVKF)
  • Sandvik AB (publ) (SDVKY)
  • Schindler Holding AG (SHLAF)

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