KONE - revenue 2007-2018

In FY 2018, KONE’s revenue streams were approximately nine billion U.S. dollars. Since their lowest revenue values in 2007, the business dedicated to elevators, escalators and automatic building doors has had a revenue increase of approximately five billion euros.

Kone company overview

KONE has offices located around the world but is headquartered in Helsinki, Finland. Alongside their increasing revenue streams, KONE has seen an increase in their workforce with 2018 having the largest number of employees. Despite having an increasing number of employees and revenue, the operating income of KONE has seen a reduction in recent years indicating a potential reduction in profit for the company.

Elevators and escalators

Globally, the leading elevator and escalator companies include Otis, Mitsubishi Electric, and KONE. As of 2017, the leading company for elevators and escalators was Otis. It is projected that many of these big-name companies will experience some growth due to a rise in the use of modern equipment to produce new-age buildings. Despite the variation within the U.S. market there is still expected to be growth in the global elevator and escalator market in the next years.

KONE's revenue from FY 2007 to FY 2018

Revenue in million euros
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Source

Release date

2019

Region

Worldwide

Survey time period

FY 2007 to FY 2018

Supplementary notes

For the years January 1 through December 31.
Figures through 2016 are taken from previous editions.
One euro is approximately equal to 1.14379 U.S. dollars (as of December 31, 2018).

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Statistics on "Material handling: elevators & escalators"

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