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

Q2 2022 Kone Oyj Earnings Call Transcript

Jul 20, 2022 / 12:45PM GMT

Transcript

Natalia Valtasaari

KONE Oyj - Head of IR

Good afternoon, and welcome to KONE's second quarter earnings call. My name is Natalia Valtasaari, and I'm Head of Investor Relations here at KONE. I'm very pleased to be joined here today by our President and CEO, Henrik Ehrnrooth; and our CFO, Ilkka Hara.

As usual, Henrik will begin by talking you through the key developments in the quarter, both in terms of our financial and business performance, but also what we're seeing in the markets. Ilkka will then deep dive a bit into the financials, and Henrik will wrap up with our market outlook and our guidance for the year before we then move into the Q&A session. (Operator Instructions)

Henrik Ehrnrooth

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

Thank you, Natalia, and good to have you all online.

Our second quarter was clearly a mixed quarter. It ranged everywhere from significant impacts from COVID lockdowns in China to an excellent performance in our services business. So many different situations in the quarter.

So

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