KONE Oyj ADR KNYJY Stock

Company Profile KNYJY

Business Description
Kone is a global top-four supplier of elevators and escalators. Kone began producing elevators in Finland in 1918 and today generates revenue in three ways: selling new elevators and escalators, modernizing old equipment, and servicing its installed base. Most of the company's profit comes from the last activity, where contracts are rolled over annually with built-in price increases. The bulk of Kone's business is in elevators, which are more numerous globally than escalators. Its business model is similar to its closest competitors Otis, Schindler, and TK Elevator.
Contact
Keilasatama 3 P.O. Box 7, Espoo 02150
T +358 204751
sanna.kaje@kone.com opens in a new tab
www.kone.com opens in a new tab
Sector
Industrials
Industry
Specialty Industrial Machinery
Most Recent Earnings
Sep 30, 2025
Fiscal Year End
Dec 31, 2025
Employees
64,125

Sustainability

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