KNYJF News and Press, Kone OYJ From 07/20/21

KONE Oyj (KNYJF): 1H GAAP EPS ofЄ0.55.Revenue of Є2.81B (+11.1% Y/Y)Press Release For further details see: KONE Oyj reports 1H results

Structural growth in the number of elevators continued in 2020 despite COVID-19, with Kone's installed base gaining another 4.5%. Even with some buildings being used less or closed during the pandemic, maintenance revenues were back to growing at 2% in H2 2020. Sales growth reboun...

Otis shares are trading near their recent all-time high, but we believe they are still an attractive opportunity as a quality growth stock. Despite COVID, Otis's sales only fell 2.1% organically in 2020, and EBIT rose 2.8%; its tax rate was down 4 ppt and is to drop further. The o...

Otis has a leading position in a very attractive industry. In addition to being resilient, the industry offers growth opportunities. Otis is now well positioned to strengthen its leading position and outgrow the market. For further details see: Otis: Strong Fundamentals ...

I see Otis as a long-term compounder from here and estimate a price target of $260 over a 10-year period (4x the current stock price of $65, a CAGR of 15%). Otis will capture market share in a fragmented elevator maintenance market for years to come by deploying technology (IoT, senso...

KONE Oyj (KNYJF) Q4 2020 Earnings Conference Call January 28, 2021 08:45 AM ET Company Participants Sanna Kaje - Head, Investor Relations Henrik Ehrnrooth - President & Chief Executive Officer Ilkka Hara - Chief Financial Officer Conference Call Participants Klas Bergelind - Citi Lars Bro...

The following slide deck was published by KONE Oyj in conjunction with their 2020 Q4 earnings call. For further details see: KONE Oyj 2020 Q4 - Results - Earnings Call Presentation

Otis has a strong brand that started in 1853 with the development of the elevator breaker. Otis One will help increase sales, raise conversion rates, and lower costs. Otis One will help Otis gain market share in China which is the world's largest elevator market. For further...

Otis's Q3 results showed the resilience of elevator businesses, with sales down only 1.2% year-on-year (they were down only 6.5% in Q2). Cost savings helped EBIT grew 7.0% year-on-year in Q3; leverage, lower interest and a lower tax rate helped EPS grew 24.3% year-on-year. Orders ...

KONE Oyj (KNYJF) Q3 2020 Earnings Conference Call October 22, 2020 08:45 ET Company Participants Sanna Kaje - Head, Investor Relations Henrik Ehrnrooth - Chief Executive Officer Ilkka Hara - Chief Financial Officer Conference Call Participants Jeff Sprague - Vertical Research Klas Bergelind -...