KONE

KONE designs and manufactures elevators and automatic doors for residential and commercial sectors. Read more

Henrik Ehrnrooth's photo - President & CEO of KONE

President & CEO

Henrik Ehrnrooth

CEO Approval Rating

65/100

Founded:

1910

Status:

PublicIndependent CompanyWSEKNEBV

Annual Revenue
Employees
Sector

- -
Headquarters
Espoo

KONE TOP COMPETITORS OR ALTERNATIVES

RANK

COMPANY

CEO

CEO RATING

EMPLOYEES

FUNDING

REVENUE

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Colley Elevators has been one of KONE's top competitors. Colley Elevators's headquarters is in Bensenville, Illinois, and was founded in 1908. Colley Elevators is in the Electrical Components & Equipment industry. Colley Elevators generates 0.12% of KONE's revenue.

Wittur Group is one of KONE's top rivals. Wittur Group is a Private company that was founded in Wiedenzhausen, Bavaria in 1968. Wittur Group operates in the Electrical Components & Equipment industry. Wittur Group has 54,700 fewer employees vs. KONE.

Kleemann is perceived as one of KONE's biggest rivals. Kleemann was founded in 1983, and is headquartered in Kilkis, Kilkis. Kleemann operates in the industry. Kleemann generates $12.1B less revenue vs. KONE.

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KONE Quarterly and Annual Revenue

Trailing 12-Months Trend (TTM)

Annual Revenue

$12.2B

KONE's revenue is the ranked 2nd among it's top 10 competitors. The top 10 competitors average 7.9B. Over the last three quarters, KONE's revenue has grown by 40.4%. Specifically, in Q4 2020's revenue was $4B; in Q3 2020, it was $3B; in Q2 2020, it was $2.8B.

KONE Acquisitions

COMPANY ACQUIRED
ACQUISITION DATE
AMOUNT
DESCRIPTION

-

Service and Repair Business, Detroit Elevator Company

Jun 2021

Source »
undisclosed
-

-

Service and Repair Business, Eltec Elevator Ltd.

Dec 2018

Source »
undisclosed
-

-

Service and Repair Business, Maine Elevator Specialists Inc

Sep 2018

Source »
undisclosed
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Ascensores Casado

Dec 2017

Source »
undisclosed
Ascensores Casado specializes in the design, installation and maintenance of elevators and stairlifts in commercial properties.

-

Shan On Engineering Company Limited

Dec 2017

Source »
undisclosed
-

These are all the companies that KONE has acquired. KONE has acquired 24 companies and its latest acquisition was Service and Repair Business, Detroit Elevator Company in Jun 2021.

KONE Funding History

No recent funding data found related to KONE

KONE Investments

No recent investments found related to KONE

These are all the companies that KONE has invested in. KONE has invested 24 companies and its latest investment was Service and Repair Business, Detroit Elevator Company in Jun 2021.

KONE News

May 13, 2021MarketScreener

Goldman Sachs remains Neutral

(marketscreener.com) Analyst Daniela Costa from Goldman Sachs research gives the stock a Neutral rati... See more »
May 13, 2021Webindia123

KONE India awarded The Economic Times Best Workplace for Women 2021

New Delhi, (Delhi), [India], May 13 (ANI/NewsVoir): KONE Elevator India, a leading elevator and escal... See more »
May 10, 2021MarketScreener

Goldman Sachs sticks Neutral

(marketscreener.com) Analyst Daniela Costa from Goldman Sachs research gives the stock a Neutral rati... See more »
May 5, 2021Markets Insider

KONE Americas announces new leadership to drive diversity, equity and inclusion

CHICAGO, May 4, 2021 /PRNewswire/ -- KONE, a global leader in the elevator and escalator industry, to... See more »
May 4, 2021MarketScreener

connects elevator to wheelchair - solution aids accessibility

(marketscreener.com) KONE Corporation, press release, May 4, 2021 KONE DX Experiments competition ide... See more »
April 30, 2021Business News Asia

KONE Redefines the Future of Smart City in Singapore with its DX Class Elevators - the World's First Elevator Series with built-in Digital Connectivity

KONE, a global leader in the elevator and escalator industry, recently hosted a Customer Experience e... See more »
April 29, 2021MarketScreener

UBS keeps a Sell rating

(marketscreener.com) UBS reiterate its Sell rating. The target price continues to be set at EUR 58.ht... See more »

KONE Press Releases

January 28, 2021Cision

KONE Corporation's Annual Review and Remuneration Report 2020 have been published

KONE Corporation, stock exchange release, January 28, 2021 at 12.45 p.m. EET KONE Corporation's... See more »
January 28, 2021Cision

KONE's Board of Directors decides on a new share-based long-term incentive plan

KONE Corporation, stock exchange release, January 28, 2021 at 12.55 p.m. EET KONE's Board of... See more »
January 28, 2021Cision

Financial Statement Bulletin of KONE Corporation for January-December 2020

KONE Corporation, stock exchange release, January 28, 2021 at 12.30 p.m. EET Financial... See more »
October 22, 2020Cision

Financial reporting schedule of KONE Corporation in 2021

KONE Corporation, stock exchange release, October 22, 2020 at 12.45 p.m. EEST Financial... See more »
October 9, 2020Cision

KONE to equip Bangkok metro's Orange Line in Thailand

KONE Corporation, press release, October 9, 2020 [] KONE Corporation, a global leader in the... See more »
September 29, 2020Cision

KONE hosts a virtual Capital Markets Day today, on September 29, 2020

KONE Corporation, press release, September 29, 2020 at 12:30 p.m. EEST KONE organizes a fully... See more »
September 22, 2020Cision

KONE upgrades its business outlook for 2020 following better than expected development in the third quarter

KONE Corporation, Inside information, September 22, 2020 at 9:30 a.m. EEST KONE upgrades its... See more »

KONE Videos

Social Media

KONE Headquarters

Keilasatama 3

Espoo, Other02150

358-204-75-1

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KONE Summary

ABOUT

Overview

KONE designs and manufactures elevators and automatic doors for residential and commercial sectors. KONE was founded in 1910. KONE's headquarters is located in Espoo, Other, FI 02150. KONE's President & CEO, Henrik Ehrnrooth, currently has an approva...

CEO

KONE's President & CEO, Henrik Ehrnrooth, currently has an approval rating of 65%. KONE's primary competitors are Colley Elevators, Wittur Group & Kleemann.

Website

kone.com

Frequently Asked Questions about KONE

  1. When was KONE founded?

    KONE was founded in 1910
  2. Who is KONE's CEO?

    KONE's CEO is Henrik Ehrnrooth
  3. How much revenue does KONE generate?

    KONE generates $12.2B in revenue
  4. How much funding does KONE have?

    KONE has historically raised $0 in funding
  1. Where is KONE's headquarters?

    KONE's headquarters is in Espoo Other, FI
  2. How many employees does KONE have?

    KONE has 60,000 employees
  3. Who are KONE's competitors?

    KONE's top competitors are Colley Elevators, Wittur Group, Kleemann