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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...
KONE is a Finnish company best known for its expertise in constructing, installing and maintaining elevators all over the world. The elevator market is an oligopoly with KONE, Schindler and Otis Worldwide dominating the market. KONE's share price has come off its highs due to marg...
KONE Oyj (KNYJF) Q3 2021 Results Conference Call October 28, 2021 08:45 AM ET Company Participants Natalia Valtasaari - Head, Investor Relations Henrik Ehrnrooth - President and Chief Executive Officer Ilkka Hara - Chief Financial Officer Conference Call Participants Andrew Wilson - JPMorgan ...
The following slide deck was published by KONE Oyj in conjunction with their 2021 Q3 earnings call. For further details see: KONE Oyj 2021 Q3 - Results - Earnings Call Presentation
Tobacco stocks fell after an ITC order on IQOS, and now offer mid-teens or better returns, though new U.S. tax proposals need to be watched. Cable stocks corrected after cuts in Q3 outlooks. Charter and Comcast are fine operationally, Altice USA is in a turnaround - all three are chea...
Otis' Q2 showed a strong rebound from COVID-impacted 2020, with Net Sales up 15% and EBIT up 17.5% organically; H1 EPS is up 29%. New Equipment sales rebounded by 25% organically; Maintenance & Repair sales were up 7.5% organically after a 3% growth in units. 2021 outlook has ...
Q2 results showed a strong rebound from COVID-impacted 2020, with orders received up 17.2% and net sales up 12.7% organically. Growth was broad-based across regions and businesses; Kone's maintenance base has grown by more than 5% year on year. New equipment orders in China again ...
The following slide deck was published by KONE Oyj in conjunction with their 2021 Q2 earnings call. For further details see: KONE Oyj 2021 Q2 - Results - Earnings Call Presentation
KONE Oyj (KNYJF) Q2 2021 Earnings Conference Call July 20, 2021 08:45 ET Company Participants Natalia Valtasaari - Head, Investor Relations Henrik Ehrnrooth - President and Chief Executive Officer Ilkka Hara - Chief Financial Officer Conference Call Participants Jeff Sprague - Vertical Resear...
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
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HELSINKI, Finland , Nov. 29, 2019 /PRNewswire/ -- KONE, a global leader in the elevator and escalator industry, today introduces the world's first digital elevator series. With built-in connectivity as standard, KONE DX Class elevators bring a new user experience to life through a combina...