Kone
1910
FOUNDED
PUBLIC
STATUS
55K-60K
EMPLOYEES
KNEBV
STOCK SYMBOL
77
INVESTMENTS
$65.64
SHARE PRICE
(As of Thursday Closing)
Description
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 the company'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.
Formerly Known As
Kone machine
Ownership Status
Publicly Held
Financing Status
Corporation
Primary Industry
Building Products
Other Industries
Other Commercial Products
Stock Exchange
HEL
Primary Office
- Keilasatama 3
- P.O. box 7
- 02150 Espoo
- Finland
+358 020 0000
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Kone Stock Performance
| 52 wk Range | Market Cap | Prev. Close | EPS | Average Volume | Shares |
|---|---|---|---|---|---|
| $47.62 - $67.31 | $34B | $65.61 | $1.92 | 535K | 518M |
Kone Financials Summary
|
In Thousands,
USD |
TTM
30-Sep-2019
|
FY 2018
31-Dec-2018
|
FY 2017
31-Dec-2017
|
FY 2016
31-Dec-2016
|
|---|---|---|---|---|
| Enterprise Value | 29,620,724 | 24,232,848 | 27,143,555 | 22,656,462 |
| Revenue | 10,987,828 | 10,704,028 | 9,920,605 | 9,716,716 |
| EBITDA | 1,518,348 | 1,379,970 | 1,470,492 | 1,545,175 |
| Net Income | 994,597 | 992,200 | 1,077,917 | 1,132,361 |
| Total Assets | 9,302,837 | 8,846,946 | 8,952,060 | 7,945,396 |
| Total Debt | 614,339 | 254,061 | 282,050 | 240,629 |
Public Fundamental Data provided by Morningstar, Inc.
disclaimer
Kone Valuation and Funding
| Deal Type | Date | Amount | Post-Val | Valuation/ EBITDA |
Debt | Status |
|---|
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Request full access to PitchBookKone Competitors (1)
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| 000000000 0000000 | Corporation | Ebikon, Switzerland | 00000 | 00000000 |
Kone Investments & Acquisitions (77)
| Company Name | Deal Date | Deal Type | Deal Size | Industry | Lead Partner |
|---|---|---|---|---|---|
| 000000000000 00000 | 26-Sep-2019 | 000000000000000000 | 000.00 | Building Products | |
| 0000 00000000 0000 | 01-Jan-2019 | 000000000000000000 | Other Commercial Services | ||
| 00000 00000000 | 01-Dec-2018 | 000000000000000000 | Other Commercial Services | 00000 0000 | |
| 000000000 00000000 | 03-Apr-2018 | 000000000000000000 | Other Commercial Services | 00000 0000 | |
| Ascensores Casado | 19-Dec-2017 | Merger/Acquisition | Other Commercial Services | 000000 00000000 |
Kone Exits (1)
| Company Name | Exit Date | Exit Type | Exit Size | Status | Buyers |
|---|---|---|---|---|---|
| 0000000 000000 | 01-Jan-2005 | 000000000000000000 | Completed |
|
Kone Subsidiaries (21)
| Company Name | Industry | Location | Founded |
|---|---|---|---|
| Heartland Elevator | Other Commercial Services | Lewisville, TX | 2014 |
| 0000 00000000 0000 | Other Commercial Services | Orlando, FL | 0000 |
| 00000 0000 0000000 | Machinery (B2B) | Huzhou, China | 0000 |
| 000000 00000000 00 | Other Commercial Services | Dublin, CA | 0000 |
| 0000 00000000 | Other Commercial Services | New York, NY | 0000 |
Kone Executive Team (42)
16 Former Executives
You’re viewing 5 of 42 executives. Get the full list »Kone Board Members (3)
| Name | Representing | Role | Since | Contact Info |
|---|---|---|---|---|
| 00000 00000 | Kone | Mergers & Acquisitions & Strategic Alliances, Legal Affairs and Board Member | 000 0000 | |
| 00000 0000 | Self | Member of the Executive Board | 000 0000 | |
| 000 0000000 | Kone | Executive, Marketing and Communications & Board Member | 000 0000 |