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

Q1 2023 Kone Oyj Earnings Call Transcript

Apr 26, 2023 / 12:45PM GMT

Release Date Price: €51.7 (+5.40%)

Transcript

Natalia Valtasaari

KONE Oyj - Head of IR

Good afternoon, and welcome to KONE's first quarter earnings call. My name is Natalia Valtasaari, I'm Head of Investor Relations here at KONE, and I'm very pleased to be joined by our President and CEO, Henrik Ehrnrooth; and our CFO, Ilkka Hara. As usual, Henrik will start by going through the key developments in the quarter. Ilkka will then continue with a bit of a more kind of in-depth dive into the financials, and then Henrik will finalize the presentation with our market and business outlook. Then we'll move to your questions. (Operator Instructions)

But with that, I will hand over to Henrik.

Henrik Ehrnrooth

KONE Oyj - Executive Advisor

Thank you, Natalia, and welcome and very happy to have you with us today, in particular, as we're happy to share good development that we had in the first quarter and good progress in priorities we have as a company. So in the quarter, given the market backdrop, we had a good momentum in our orders received, both when we look at total orders received and in particular,

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