KONE Oyj (MIL:1KNEBV)

€ 49.03 0 (0%) Market Cap: 25.39 Bil Enterprise Value: 25.57 Bil PE Ratio: 25.75 PB Ratio: 9.88 GF Score: 88/100

Q1 2020 Kone Oyj Earnings Call Transcript

Apr 22, 2020 / 12:45PM GMT

Transcript

Sanna Kaje

KONE Oyj - VP of IR

Welcome to KONE's Q1 2020 Results Call. My name is Sanna Kaje, and I'm the Head of KONE's Investor Relations. We are doing today's call a bit differently this time due to our COVID-19-related safety policies. Here is an audio cast where our President and CEO, Henrik Ehrnrooth; and CFO, Ilkka Hara, will be participating the call from separate locations. So apologies beforehand if the quality of the call is not perfect today.

I'll now hand over to Henrik to start with the highlights of the quarter.

Henrik Ehrnrooth

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

Thank you, Sanna, and also a warm welcome to our first quarter 2020 results call. It's been clearly a very eventful quarter to say the least. When we had our full year results call back in January, we could, of course, already see the first impacts of COVID-19. But it was also very clear that at that point, I don't think anyone could have imagined the scale, impact and breadth of this pandemic and crisis that we are going through. But what I'm very

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