- Kone’s 4th quarter orders came in at €2.12 billion, exceeding the estimated €1.97 billion.
- Net sales totaled €2.98 billion, surpassing the forecast of €2.91 billion.
- Sales in the Americas significantly outperformed expectations, reaching €741.0 million, compared to the estimated €170.4 million.
- Europe sales were reported at €1.15 billion.
- Sales growth at constant exchange rates was 5.1%, higher than the anticipated 2.17%.
- Earnings before interest and tax (Ebit) were €332.5 million, which was below the expected €371.4 million.
- The Ebit margin was 11.2%, lower than the estimated 12.7%.
- Adjusted Ebit reached €386.5 million, better than the forecasted €370.9 million.
- The adjusted Ebit margin was 13%, exceeding the expected 12.9%.
- Analyst recommendations include 16 buys, 6 holds, and 5 sells.
A look at Kone OYJ Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 2 | |
| Dividend | 3 | |
| Growth | 4 | |
| 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
Investing in Kone OYJ, a company specializing in elevator and escalator solutions, may hold promise for long-term growth according to Smartkarma Smart Scores. The company scores well in categories such as Growth and Resilience, indicating a positive outlook for its future prospects. With a strong focus on innovation and sustainable practices, Kone OYJ is positioned to capitalize on evolving market trends and technological advancements in the industry.
While Kone OYJ shows strengths in Growth and Resilience, there is room for improvement in Value and Momentum according to Smartkarma Smart Scores. Despite this, the company’s solid foundation in providing essential services for buildings through its elevator and escalator solutions suggests a stable and reliable investment option for those seeking long-term returns. By continuing to prioritize growth initiatives and adapting to changing market conditions, Kone OYJ has the potential to further enhance its position in the market.
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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