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Kone Oyj (KNEBV.HE)

KNEBV.HE on Helsinki Stock Exchange

51.92EUR
26 Jun 2019
Change (% chg)

€0.26 (+0.50%)
Prev Close
€51.66
Open
€51.52
Day's High
€52.22
Day's Low
€51.26
Volume
805,454
Avg. Vol
682,993
52-wk High
€52.22
52-wk Low
€38.05

Latest Key Developments (Source: Significant Developments)

Kone Gets Order From China
Friday, 26 Apr 2019 

April 26 (Reuters) - Kone Oyj ::TO DELIVER 218 ELEVATORS TO CHENGDU, CHINA.ORDER BOOKED IN Q1 2019.  Full Article

Kone Corporation Says Co's Shares Owned By Blackrock Increased Above 5 Per Cent
Thursday, 7 Feb 2019 

Feb 7 (Reuters) - Kone Oyj ::KONE CORPORATION: NOTICE PURSUANT TO FINNISH SECURITIES MARKET ACT, CHAPTER 9, SECTION 10.KONE OYJ <<>> - TOTAL NUMBER OF CO'S SHARES OWNED BY BLACKROCK, ITS FUNDS EXCLUDING FINANCIAL INSTRUMENTS INCREASED ABOVE 5 PER CENT .  Full Article

Kone Wins Order For The Shanghai Metro
Monday, 28 Jan 2019 

Jan 28 (Reuters) - Kone Oyj ::PRESS RELEASE KONE WINS ORDER FOR FIRST PHASE OF THE SHANGHAI METRO'S LINE 18.KONE WINS ORDER FOR FIRST PHASE OF THE SHANGHAI METRO'S LINE 18.ORDER WAS BOOKED IN Q4 OF 2018..PROJECT IS ESTIMATED TO BE COMPLETED BY DECEMBER 2020..ORDER WAS BOOKED IN Q4 OF 2018.WILL SUPPLY 128 HEAVY-DUTY KONE TRANSITMASTER(TM) ESCALATORS TO 10 UNDERGROUND STATIONS.  Full Article

Kone Q4 Adj. EBIT Of EUR 319.6 Mln Below Estimates
Thursday, 24 Jan 2019 

Jan 24 (Reuters) - Kone Oyj ::REG-FINANCIAL STATEMENT BULLETIN OF KONE CORPORATION FOR JANUARY-DECEMBER 2018.2018 DIVIDEND EUR 1.65 PER SHARE (REUTERS POLL: EUR 1.67).IN 2019, KONE'S SALES IS ESTIMATED TO GROW BY 2-7% AT COMPARABLE EXCHANGE RATES AS COMPARED TO 2018.IN 2019, KONE'S SALES IS ESTIMATED TO GROW BY 2-7% AT COMPARABLE EXCHANGE RATES AS COMPARED TO 2018..SAYS ADJUSTED EBIT RETURNED TO GROWTH AFTER SEVERAL TOUGH QUARTERS.SOLID SALES GROWTH IN BOTH NEW EQUIPMENT AND SERVICES AND ACTIONS WE HAVE TAKEN TO OFFSET MARGIN HEADWINDS.2019 ADJUSTED EBIT IS EXPECTED TO BE IN RANGE OF EUR 1,120-1,240 MILLION.Q4 ADJUSTED EBIT EUR 319.6 MILLION (REUTERS POLL: EUR 323 MILLION).FOREIGN EXCHANGE RATES ARE ESTIMATED TO IMPACT EBIT POSITIVELY BY LESS THAN EUR 10 MILLION..ADJUSTED EBIT MARGIN DEVELOPMENT HAS BEEN UNSATISFACTORY IN PAST TWO YEARS.Q4 ORDER INTAKE EUR 1.94 BILLION (REUTERS POLL: EUR 1.91 BILLION).EXPECTS KONE'S SALES TO GROW BY 2-7% AT COMPARABLE EXCHANGE RATES..GLOBAL NEW EQUIPMENT MARKET GREW SLIGHTLY IN UNITS COMPARED TO Q4 OF 2017..IN CHINA, NEW EQUIPMENT MARKET GREW SLIGHTLY IN UNITS.IN EMEA REGION, NEW EQUIPMENT MARKET WAS RATHER STABLE.Q4 NET SALES EUR 2.44 BILLION (REUTERS POLL: EUR 2.42 BILLION).IN MIDDLE EAST, MARKET CONTINUED TO DECLINE DUE TO UNCERTAINTY ACROSS REGION.IN CHINA, COMPETITION REMAINED INTENSE BUT PRICING WAS RATHER STABLE IN NEW EQUIPMENT MARKET.  Full Article

Kone Receives An Order In Melbourne, Australia
Tuesday, 6 Nov 2018 

Nov 6 (Reuters) - Kone Oyj ::KONE TO MODERNIZE 385 BOURKE STREET ELEVATORS IN MELBOURNE, AUSTRALIA.THIS ORDER WAS BOOKED IN Q2 OF 2018 WITH PROJECT EXPECTED TO BE COMPLETED IN LATE 2020.  Full Article

Kone Wins Order To Provide Elevators For New "Super Hospital"
Wednesday, 10 Oct 2018 

Oct 10 (Reuters) - Kone Oyj ::KONE WINS ORDER FOR NEW "SUPER HOSPITAL" IN NORTHERN DENMARK.SAYS WILL EQUIP HOSPITAL COMPLEX WITH 41 KONE MONOSPACE® 700 MACHINE-ROOM-LESS ELEVATORS AND 18 HEAVY-DUTY KONE TRANSYSTM PASSENGER, FREIGHT AND SERVICE ELEVATORS.SAYS HAS WON AN ORDER TO PROVIDE ELEVATORS FOR NEW AALBORG UNIVERSITY HOSPITAL (NAU).  Full Article

Kone Acquires Service and Repair Business of Maine Elevator Specialists
Thursday, 6 Sep 2018 

Sept 6 (Reuters) - Kone Oyj ::KONE ACQUIRES MAINE ELEVATOR SPECIALISTS INC..SAYS ACQUISITION STRENGHTENS ITS SERVICE AND REPAIR CAPABILITIES LOCALLY IN NEW ENGLAND.  Full Article

Kone Wins Order For 107 Escalators And Elevators For Ningbo Metro Line 4 In China
Tuesday, 10 Jul 2018 

July 10 (Reuters) - Kone Oyj ::PRESS RELEASE KONE WINS ORDER FOR 107 ESCALATORS AND ELEVATORS FOR NINGBO METRO LINE 4 IN CHINA.KONE WINS ORDER FOR 107 ESCALATORS AND ELEVATORS FOR NINGBO METRO LINE 4 IN CHINA.BOOKED ORDER IN Q1 OF 2018..NINGBO METRO LINE 4 IS EXPECTED TO BE READY FOR TRIAL OPERATION AROUND DECEMBER 2020.  Full Article

Kone To Equip Stage One Of Melbourne Square Mixed-Use Development In Australia
Tuesday, 10 Jul 2018 

Kone Oyj ::KONE TO EQUIP STAGE ONE OF MELBOURNE SQUARE MIXED-USE DEVELOPMENT IN AUSTRALIA.TO PROVIDE ELEVATORS AND ESCALATORS TO MELBOURNE SQUARE STAGE ONE IN CENTRAL MELBOURNE.CONSTRUCTION OF MELBOURNE SQUARE STAGE ONE COMMENCES IN 2018..BOOKED ORDER IN Q1 OF 2018..  Full Article

Elevator Maker Kone Wins Order From Toronto Light Rail Expansion Project
Thursday, 15 Mar 2018 

March 15 (Reuters) - Kone Oyj ::SAYS HAS WON AN ORDER TO PROVIDE 51 KONE MONOSPACE® 700 ELEVATORS FOR THE EGLINTON CROSSTOWN LIGHT RAIL TRANSIT (LRT) PROJECT OWNED AND DESIGNED BY METROLINX AND OPERATED BY THE TORONTO TRANSIT COMMISSION IN CANADA.SAYS CONSTRUCTION OF THE NEW STATIONS IS EXPECTED TO BEGIN IN JUNE 2018, STATIONS EXPECTED TO OPEN IN 2022.SAYS ORDER WAS BOOKED IN THE THIRD QUARTER OF 2017.  Full Article

UPDATE 2-European stocks fall for fourth day on Fed, trade anxiety

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