KNYJF News and Press, Kone OYJ From 05/17/22

Otis is the world's leading elevator and escalator manufacturing, installation and service company. More than 50% of sales come from recurring sources. At $74, the shares are still quite expensive, but the valuation premium compared to its competitors is justified given the company's ...

KONE Oyj (KNYJF) Q1 2022 Results Conference Call April 27, 2022 08:45 AM ET Company Participants Natalia Valtasaari - Head, IR Henrik Ehrnrooth - President and CEO Ilkka Hara - CFO Conference Call Participants Andrew Wilson - JP Morgan Klas Bergelind - Citi Jeff Sprague - Vertical Research An...

The following slide deck was published by KONE Oyj in conjunction with their 2022 Q1 earnings call. For further details see: KONE Oyj 2022 Q1 - Results - Earnings Call Presentation

KONE Oyj press release (OTCPK:KNYJF): Q1 GAAP EPS of €0.25. Revenue of €2.42B (+16.3% Y/Y). For further details see: KONE Oyj GAAP EPS of €0.25, revenue of €2.42B

KONE stock has fallen 32% below its 52-week high to a level last seen in March 2020; the P/E is 26.2x and the Dividend Yield is 3.5%. Elevators are a structurally-growing sector backed by trends like urbanization. KONE's Maintenance base grew another 4.9% in 2021. Sales grew 5.8% ...

Kone is one of the largest manufacturers of elevators and escalators. The entire sector is seeing margin pressure and this will weigh on Kone's 2022 results. The share price has lost in excess of 30% in the past six months, resulting in a more attractive valuation. For furth...

KONE Oyj (KNYJF) Q4 2021 Earnings Conference Call February 2, 2022 8:45 AM ET Company Participants Natalia Valtasaari - IR Henrik Ehrnrooth - President & CEO Ilkka Hara - CFO Conference Call Participants Klas Bergelind - Citi Andre Kukhnin - Credit Suisse Lucie Carrier - Morgan Stanley Mi...

The following slide deck was published by KONE Oyj in conjunction with their 2022 Q4 earnings call. For further details see: KONE Oyj 2022 Q4 - Results - Earnings Call Presentation

KONE Oyj press release (OTCPK:KNYJF): Q4 GAAP EPS of €0.53. Revenue of €2.76B (+5.3% Y/Y). For further details see: KONE Oyj GAAP EPS of €0.53, revenue of €2.76B

Otis has continued to do well operationally in Q3, with sales growing 8.1% and EBIT growing 10.3% organically; currency was a tailwind. 2021 outlook has been raised, with sales growth now expected to be 8.5-9.0% and EPS growth expected to be 17%. The implied P/E is 28.8x. Buying o...