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Kone, whose name means "machine" in Finnish, is the world's fourth-largest supplier of elevators and escalators. The company began producing elevators in Finland in 1918, and today generates revenue in three ways: selling new elevators and escalators, overhauling or modernising old equipment, and servicing its installed base. Most of Kone's profit comes from the latter activity, where contracts are rolled over annually with built-in price increases. The bulk of its business is in elevators, which are more numerous globally than escalators.

Contact Information

Website: www.kone.com
Email: sanna.kaje@kone.com
Main Phone: +358 204751
Address: Kartanontie 1
Address 2: P.O. Box 8
City / Town: Helsinki
Country: FIN
Postal Code: 00331

Issuer Information

Exchange: OTO
Employees: 56611
NAICS: Elevator and Moving Stairway Manufacturing(333921)
$ 23.83 $ -0.58 (-2.38%)
Last Price 23.83 Change $ -0.58 Change % -2.38 Tick N/A
Bid N/A Bid Size N/A Ask N/A Ask Size N/A
Open 24.01 High 24.01 Low 23.82 Prev Close 24.41
Last Trade Volume 21,431 52 Wk Hi 29.17 52 Wk Low 22.40
Market Cap 24.6 bi Ex-Div Date Div Rate 1.02 Yield 4.2950
Shares 1,032,108,196.00 EPS (TTM) 1.00 PE Ratio 23.70 Exchange OTCPK