- Kone’s first-quarter orders were reported at €2.38 billion, surpassing the estimated €2.31 billion.
- Net sales matched the estimate, totaling €2.67 billion.
- Sales at constant exchange rates saw an increase of 2.8%, slightly below the 2.94% estimate.
- Earnings before interest and taxes (EBIT) were €276.7 million, falling short of the €280.5 million estimate.
- The EBIT margin was recorded at 10.4%, compared to the anticipated 10.8%.
- Adjusted EBIT came in at €279.6 million, slightly below the expected €285.6 million.
- The adjusted EBIT margin was 10.5%, below the forecasted 10.8%.
- Pretax profit stood at €279.6 million, against the estimate of €284.6 million.
- The order book reached €9.25 billion, missing the estimated €9.44 billion mark.
- Market analyst recommendations included 14 buys, 8 holds, and 5 sells.
A look at Kone OYJ Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 2 | |
| Dividend | 3 | |
| Growth | 4 | |
| Resilience | 4 | |
| Momentum | 4 | |
| 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
Analysts utilizing the Smartkarma Smart Scores predict a promising long-term outlook for Kone OYJ, a company specializing in elevator and escalator solutions. With a strong score of 4 in Growth, Resilience, and Momentum, Kone OYJ demonstrates robust potential for future expansion, stability during market challenges, and positive stock performance. This indicates a favorable trajectory for the company’s development and market position in the coming years.
While Kone OYJ scored slightly lower in the categories of Value and Dividend at 2 and 3 respectively, the overall outlook remains optimistic due to the solid ratings in essential factors like growth, resilience, and momentum. These scores highlight Kone OYJ‘s focus on innovation, market adaptability, and operational efficiency, positioning it well for sustained success in the competitive industry of elevator and escalator solutions.
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.
Have feedback on this article? Concerned about the content? Get in touch with us directly.
💡 Before it’s here, it’s on Smartkarma
Sign Up for Free
The Smartkarma Preview Pass is your entry to the Independent Investment Research Network
- ✓ Unlimited Research Summaries
- ✓ Personalised Alerts
- ✓ Custom Watchlists
- ✓ Company Analytics and News
- ✓ Events & Webinars
