- Kone’s 1Q Orders met the estimates with a total amount of EU2.24 billion, close to the estimate of EU2.25 billion.
- Net sales exceeded expectations by reaching EU2.57 billion, slightly above the estimated EU2.56 billion.
- There was a positive sales growth at constant exchange rates of +2.7%, higher than the projected +2.46%.
- Earnings before interest and taxes (Ebit) hit EU262.4 million, surpassing the estimated EU259.1 million.
- The Ebit margin was 10.2%, slightly below the estimated 10.4%.
- After adjusting for certain factors, the Ebit was EU262.4 million, in line with the estimate.
- The adjusted Ebit margin stood at 10.2%, exactly as predicted.
- Pretax profit exceeded estimates, coming in at EU265.7 million as opposed to the estimated EU259.4 million.
- In terms of stock recommendations: there are 14 buys, 11 holds, and 4 sells for Kone stock.
A look at Kone OYJ Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 2 | |
| Dividend | 4 | |
| Growth | 3 | |
| Resilience | 5 | |
| Momentum | 3 | |
| OVERALL SMART SCORE | 3.4 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Kone Oyj, a company specializing in elevator and escalator solutions, is positioned for a promising long-term future according to Smartkarma’s Smart Scores. With a strong emphasis on resilience, Kone Oyj has been awarded a top score of 5 in this aspect, indicating its ability to weather challenges and uncertainties. This suggests that Kone Oyj is well-prepared to handle various market conditions and maintain stability in its operations over the long term.
Furthermore, Kone Oyj also shines in the dividend category with a score of 4, highlighting its commitment to providing attractive returns to its shareholders. While the company’s value and growth scores are modest at 2 and 3 respectively, Kone Oyj’s overall outlook appears positive, especially with its dividend and resilience strengths. This indicates that Kone Oyj may be a reliable choice for investors seeking steady returns and a strong foundation in the elevator and escalator industry.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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