KONE Oyj (FRA:KC4)
€ 48.8 -0.93 (-1.87%) Market Cap: 25.32 Bil Enterprise Value: 25.49 Bil PE Ratio: 26.09 PB Ratio: 10.01 GF Score: 84/100

Q2 2019 Kone Oyj Earnings Call Transcript

Jul 18, 2019 / 12:45PM GMT
Release Date Price: €51.56 (+0.27%)
Sanna Kaje
KONE Oyj - VP of IR

Good afternoon and welcome to KONE's Q2 result presentation. My name is Sanna Kaje, and I'm the Head of KONE's Investor Relations. As always, I have here with me today our President and CEO, Henrik Ehrnrooth; and CFO, Ilkka Hara.

Henrik will first present the Q2 highlights and tell you a bit about what's happened in the markets. Ilkka will then take a closer look at the numbers, and Henrik will conclude with the outlook statements. After that, we will have time for your questions. Henrik, please.

Henrik Ehrnrooth
KONE Oyj - CEO, President & Member of the Executive Board

Thank you, Sanna, and also warm welcome to our Q2 results announcement. It's my pleasure to announce or to review our results today because we have many good news to share today in this presentation.

I'll just start with the highlights. In the second quarter, we had very solid growth of orders received and what's really the highlight was that our margins of our orders received improved. Also, we continued our strong momentum in

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