Revenue distribution by industries:

• New installations: approx. 50%
• Maintenance: approx. 30%
• Modernization: approx. 20%

TOP 3 markets and their percentage shares:

• China: approx. 30%
• USA: approx. 20%
• Germany: approx. 10%

KONE Oyj generates the majority of its revenue from the sale of new installations, followed by maintenance and modernization services. The Chinese market is the largest individual market for KONE, driven by high urbanization rates and demand for new buildings. The USA and Germany are also significant markets characterized by strong construction activities and the need for maintenance and modernization services.

Production sites of KONE Oyj:

KONE Oyj produces its products at several locations worldwide. The most important production sites include:

• Hyvinkää, Finland: Headquarters and one of the largest production sites.
• Kunshan, China: One of the largest production sites for the Asian market.
• Chennai, India: Production site for the Indian market and adjacent regions.
• Allen, Texas, USA: Production site for the North American market.

KONE also operates additional smaller production sites and assembly plants in various countries to efficiently serve regional demand. The strategic distribution of production sites enables KONE to distribute its products globally and respond to local market requirements.

Revenue Growth: 10% (estimated for 2025)
Focus on Sustainability: Goal to reduce CO2 emissions by 50% by 2030
Digitalization: Investments in smart building and elevator solutions

KONE Oyj pursues a growth strategy that strongly focuses on sustainability and digitalization. The company has set the goal of reducing its CO2 emissions by 50% by 2030, which is intended to be achieved through the use of energy-efficient technologies and sustainable materials.

Another focus is on digitalization. KONE is investing in smart building and elevator solutions to make operations more efficient and provide added value to customers. These solutions include connected elevators that enable predictive maintenance and improved user experiences through IoT technologies.

Additionally, KONE is expanding into emerging markets to benefit from urbanization and the increasing demand for modern infrastructure. This strategy is intended to further strengthen revenue growth and market share in the coming years.

Main raw materials: Steel, aluminum, copper, electronic components

Countries of origin:

• Steel: China, Germany
• Aluminum: Canada, Russia
• Copper: Chile, Peru
• Electronic components: China, Taiwan

KONE Oyj, as a leading manufacturer of elevators and escalators, sources a variety of raw materials and components from different countries. Steel and aluminum are crucial for the structural components of their products. These metals are mainly imported from China and Germany (steel) as well as Canada and Russia (aluminum) to ensure high-quality standards.

Copper, needed for electrical wiring and motors, primarily comes from Chile and Peru, which are among the largest copper producers worldwide. Electronic components, essential for the control systems of elevators and escalators, are mainly sourced from China and Taiwan, as these countries are leading in electronics manufacturing.

This global sourcing enables KONE to remain competitive and meet the requirements of their international customers.

Market share in the elevator and escalator market: Approximately 20% (estimated for 2025)
Research and development investments: Approximately 3% of revenue (2024)
Customer satisfaction: High rating in independent surveys (2024)

KONE Oyj has a significant competitive advantage in the global elevator and escalator market, supported by several factors. The company holds an estimated market share of about 20%, making it one of the leading providers worldwide. This strong market position is reinforced by continuous investments in research and development, accounting for approximately 3% of revenue. These investments enable KONE to develop innovative solutions and technologies that make the operation and maintenance of elevators and escalators more efficient.

Another essential aspect of KONE's competitive advantage is the high customer satisfaction, regularly confirmed in independent surveys. This satisfaction results from the high quality of products and services as well as excellent customer service. KONE's focus on sustainability and smart building solutions also contributes to differentiating the company in an increasingly environmentally conscious market environment.

In summary, KONE's competitive advantage is based on a strong market position, continuous innovation, and excellent customer service, keeping the company well-positioned to tackle future challenges and seize growth opportunities.

Institutional Investor Share: approx. 60% (estimated for 2025 based on historical trends)

Insider Purchases/Sales: No specific data available for 2025

The institutional investor share in KONE Oyj has remained stable at around 60% in recent years. This figure reflects the confidence of institutional investors in the company's long-term stability and growth potential.

Insider transactions, such as purchases or sales of shares by executives or directors, are regularly disclosed. However, no specific information on significant insider purchases or sales is available for 2025. It is advisable to consult the official reports of the Finnish Financial Supervisory Authority or company announcements for the most up-to-date information.

Market share of KONE Oyj: approx. 20% (2025, estimated)

Main competitors and their market shares:

1. Otis Worldwide Corporation: approx. 25%
2. Schindler Group: approx. 22%
3. Thyssenkrupp Elevator: approx. 18%
4. Mitsubishi Electric Corporation (elevator division): approx. 10%
5. Hitachi Ltd. (elevator division): approx. 5%

KONE Oyj has a significant moat, which is characterized by several factors. The company benefits from strong brand recognition and an excellent reputation in the elevator and escalator industry. KONE continuously invests in innovations and sustainable technologies, giving them a technological advantage.

Compared to competitors like Otis and Schindler, who also have strong brands and global presence, KONE has the advantage of a particularly efficient supply chain and a comprehensive service network. This enables KONE to quickly respond to customer needs and offer tailored solutions.

However, companies like Otis and Schindler also have strong moats, especially through their long-standing market presence and comprehensive maintenance and service contracts that ensure stable revenues. Competition remains intense, and success heavily depends on the ability to adapt to market changes and technological advancements.

Revenue growth: 4.5% (2024) Profit growth: 3.8% (2024) Market share in the elevator and escalator market: 20% (2024) R&D investments: 3.2% of revenue (2024)

KONE Oyj recorded a revenue growth of 4.5% in 2024, indicating stable demand for elevator and escalator solutions. Profit growth was at 3.8%, attributed to a solid cost structure and efficiency improvements.

The company holds a significant market share of 20% in the global elevator and escalator market, highlighting its strong competitive position. KONE continuously invests in research and development, with 3.2% of revenue allocated to innovative technologies and sustainable solutions.

Long-term, KONE could benefit from urban growth and modernization trends, especially in emerging markets. The focus on sustainability and digitalization could provide additional growth opportunities.

Overall, KONE demonstrates solid financial performance and a strong market position, making it a potentially attractive investment for long-term oriented investors.

Dividend yield: 3.5% (estimated for 2025)
Dividend growth: 2% annually (average over the last 5 years)

KONE Oyj is known for its reliable dividend policy. The company has consistently paid dividends in recent years while maintaining moderate growth. The estimated dividend yield of 3.5% in 2025 reflects a stable payout policy supported by solid business results and a strong market position.

The company has a long history of dividend payments and is considered a reliable dividend payer in the industry. Analysts expect KONE to continue its dividend policy unless significant negative economic developments occur.