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home / news releases / KNYJY - KONE Makes Its Case For Digital Leadership Amid Shaky Markets

KNYJY - KONE Makes Its Case For Digital Leadership Amid Shaky Markets

Kone OYJ ADR
  • Kone used its Capital Markets Day to highlight its efforts in digital services, particularly on the service and building operation side.
  • The DX platform is selling well in Europe and looks like a promising near-term driver as developers/owners look to "future-proof" their elevator needs with a highly digitally-integrated platform.
  • Kone has strong leverage to major secular trends like above-average growth in China, global urbanization, and increased digital penetration, but the valuation already amply reflects that.

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KONE Makes Its Case For Digital Leadership Amid Shaky Markets
Stock Information
Company Name: Kone OYJ ADR
Stock Symbol: KNYJY
Market: OTC
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