- 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.
For further details see:
KONE Makes Its Case For Digital Leadership Amid Shaky Markets