KONE Hosts Capital Markets Day in Helsinki

KONE hosted its Capital Markets Day for institutional investors and analysts in Helsinki on September 27. During Capital Markets Day, KONE presented its new strategy called “Rise” for 2025-2030. A number of KONE executives presented during the live broadcast, covering the areas that each person oversees. A copy of the presentations can be found here. President and CEO Philippe Delorme said the company is committed to becoming “an even more resilient business with service and modernization as the key drivers of earnings growth,” adding that the company expects approximately 90% of its profits to come from service and modernization. He continued, “We see many exciting growth opportunities ahead of us and believe we can reach mid-single-digit annual sales growth in the next three years. At the same time, we have identified points of attention where we need to improve our performance, and target to lift our adjusted EBIT margin to 13-14% by the end of 2027.”