Kone Oyj operates in the Elevators and moving stairways sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Kone Oyj with three other
industrial machinery manufacturers in Europe:
ASML Holding NV
of the Netherlands
sales of 6.79 billion Euro [US$7.30 billion]
of which 66%
was New Systems),
Schindler Holding AG
(9.62 billion Swiss Francs [US$9.63 billion]
of which 101%
was Elevators and Escalators), and
based in Germany
(3.39 billion Euro [US$3.64 billion]
Kone Oyj reported sales of 8.78 billion Euro (US$9.44 billion)
December of 2016.
a very small
increase of 1.6%
versus 2015, when the company's sales were 8.65 billion Euro.
Sales at Kone Oyj have increased during each of the previous five years
(and since 2011, sales have increased a total of 68%).
Sales of Services saw an increase
that was more than double the company's growth rate: sales were up
7.5% in 2016, from
3.71 billion Euro to 3.99 billion Euro.
Not all segments of Kone Oyj experienced an increase in sales in 2016:
sales of New Equipment fell 2.9% to 4.79 billion Euro.