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 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.
