Kone Soars to New Heights in Q1 2025

Kone Oyj, the Finnish leader in elevator and escalator solutions, has kicked off the year with a resounding success. The company’s Q1 2025 results reveal a remarkable growth trajectory, with orders received increasing by 6.4% at constant exchange rates. This impressive growth is a testament to Kone’s unwavering commitment to innovation and customer satisfaction.

A Profitable Start

But what’s truly remarkable is the significant improvement in profitability. Sales have risen by 4.1%, a steady increase that reflects the company’s ability to adapt and thrive in a rapidly changing market. Operating income (EBIT) has risen to 10.4% of sales, while adjusted EBIT has reached an impressive 10.5% of sales, a clear indication that Kone is on the right track.

A Positive Outlook Despite Challenges

While the China market has presented some challenges, Kone’s strong growth in services and modernization projects suggests a bright future ahead. The company’s ability to navigate these challenges and emerge stronger is a testament to its resilience and adaptability. As Kone continues to push the boundaries of elevator and escalator solutions, investors are likely to take notice of this Finnish powerhouse.

Key Highlights

• Orders received grew by 6.4% at constant exchange rates
• Sales increased by 4.1%
• Operating income (EBIT) rose to 10.4% of sales
• Adjusted EBIT reached 10.5% of sales
• Cash flow from operations showed a positive trend